Perpetual Limited Acquires 5% Stake in Peoplein

Peoplein Limited (AU:PPE) has released an update.

Perpetual Limited, with its related bodies corporate, has emerged as a substantial shareholder in Peoplein Limited (PPE), securing a 5.01% stake with 5,227,466 ordinary shares. This significant investment, established on May 2, 2024, reflects Perpetual’s confidence and interest in PPE’s financial prospects. Details surrounding the nature of the relevant interests and the consideration paid are documented in annexures to the formal notice.

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