Michael Hill International Ltd. (AU:MHJ) has released an update.
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Pinnacle Investment Management Group Limited has emerged as a substantial holder in Michael Hill International Ltd, acquiring a 5.01% stake with 19,263,299 ordinary fully paid shares. The investment group reached this position on June 26, 2024, marking a significant financial move within the company’s shareholder structure. The details of the transaction, including the consideration and the associates involved, are outlined in various annexures of the disclosure form.
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