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Pinnacle Investment Becomes Major SmartGroup Shareholder
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Pinnacle Investment Becomes Major SmartGroup Shareholder

Pinnacle Investment Management Group Limited (AU:PNI) has released an update.

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Pinnacle Investment Management Group Limited has announced its position as a substantial holder in SmartGroup Corp Ltd, acquiring a 5.15% stake with 6,907,309 ordinary fully paid shares. The acquisition date was registered on September 23, 2024, marking Pinnacle’s significant investment move in SmartGroup. Details regarding the nature of relevant interests, registered holders, and consideration for the acquisition are outlined in annexures to the document.

For further insights into AU:PNI stock, check out TipRanks’ Stock Analysis page.

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