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Service Stream Limited ( (AU:SSM) ) has provided an announcement.
Pinnacle Investment Management Group Limited and its listed subsidiaries have notified Service Stream Limited that they have ceased to be substantial shareholders in the company as of 10 March 2026. The change reflects a reduction in Pinnacle’s relevant voting interests below the statutory substantial holding threshold, with no changes in association between Pinnacle-related entities disclosed.
The notice, lodged under Australia’s Corporations Act, updates the market on Pinnacle’s altered position in Service Stream’s register following its previous substantial holding disclosure in September 2024. This development may modestly shift Service Stream’s shareholder profile and potentially influence future liquidity and governance dynamics, depending on how the divested stake has been absorbed by other investors.
The most recent analyst rating on (AU:SSM) stock is a Hold with a A$2.00 price target. To see the full list of analyst forecasts on Service Stream Limited stock, see the AU:SSM Stock Forecast page.
More about Service Stream Limited
Average Trading Volume: 1,615,065
Technical Sentiment Signal: Buy
Current Market Cap: A$1.21B
See more data about SSM stock on TipRanks’ Stock Analysis page.