tiprankstipranks
Pinnacle Investment Gains Stake in Tech Firm
Company Announcements

Pinnacle Investment Gains Stake in Tech Firm

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

Don't Miss our Black Friday Offers:

Pinnacle Investment Management Group Limited has announced becoming a substantial holder in Technology One Limited, following the acquisition of a funds management business by an affiliate. As of August 2, 2024, Pinnacle and its affiliates have secured a 5.27% voting power in Technology One, with 17,172,223 ordinary fully paid shares. This strategic move signifies Pinnacle’s growing influence in the technology investment sector.

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

Related Articles
TipRanks Australian Auto-Generated NewsdeskPinnacle Investment Secures $400 Million for Growth
TipRanks Australian Auto-Generated NewsdeskPinnacle Investment Announces Major Share Issuance Plan
TipRanks Australian Auto-Generated NewsdeskPinnacle Investment Expands with New Acquisitions and Equity Raising
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App