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Playside Studios Gains Substantial Holding in Own Shares

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Playside Studios Gains Substantial Holding in Own Shares

Confident Investing Starts Here:

An update from Playside Studios Ltd ( (AU:PLY) ) is now available.

Playside Studios Limited has become a substantial holder of its own shares, with a 15.03% voting power due to restrictions on the disposal of shares under voluntary escrow arrangements with Gerry Sakkas. This technical ‘relevant interest’ does not grant Playside Studios the right to acquire or control the voting rights of these shares, indicating a strategic move to manage shareholding without altering control dynamics.

More about Playside Studios Ltd

YTD Price Performance: -59.76%

Average Trading Volume: 532,731

Technical Sentiment Signal: Buy

Current Market Cap: A$67.74M

Learn more about PLY stock on TipRanks’ Stock Analysis page.

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