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Pinnacle Ups Stake in Tech One to 6.27%

Pinnacle Ups Stake in Tech One to 6.27%

Technology One Limited (AU:TNE) has released an update.

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Pinnacle Investment Management Group Limited has increased its voting power in Technology One Ltd from 5.27% to 6.27%, as reported in their latest substantial holding notice dated August 21, 2024. This change in interest occurred on August 16, 2024, marking a significant shift in the company’s shareholder structure. The announcement details the acquisition of additional ordinary fully paid shares, leading to an increased influence by the investment group.

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

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