Pacific Smiles Group Ltd (AU:PSQ) has released an update.
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Pinnacle Investment Management Group Limited has emerged as a substantial holder in Pacific Smiles Group Ltd, acquiring a 5.02% stake with 8,014,129 ordinary fully paid shares. The relevant details of the acquisition, including voting power and the nature of interests, are outlined in various annexures of the official notice dated 2nd September 2024. This move may signal a new strategic direction for the dental service provider, potentially impacting its stock market performance.
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