Rare Foods Shareholder Power Shifts Notably
Company Announcements

Rare Foods Shareholder Power Shifts Notably

Rare Foods Australia Limited (AU:RFA) has released an update.

Rare Foods Australia Limited has seen a significant change in its substantial holder’s interest, with TIGA Trading Pty Ltd and associated entities increasing their voting power from 10.36% to 13.84%. The change, reported on April 18, 2024, involved the acquisition of over 16 million shares through a rights issue and other considerations. This substantial increase represents a notable shift in share distribution for the company.

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

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App