Pinnacle Investment Now Substantial Holder in Lovisa Holdings

Lovisa Holdings Ltd. (AU:LOV) has released an update.

Pinnacle Investment Management Group Limited has emerged as a substantial holder in Lovisa Holdings Ltd, acquiring a 5.02% stake with 5,506,151 ordinary shares. The acquisition, which positions Pinnacle as a key investor in the retail fashion accessories company, was finalized on July 4, 2024. The details of the transaction, including consideration paid and relevant interests, are outlined in the company’s various annexures associated with the notification.

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