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Regal Funds Management Reduces Stake in Gentrack

Regal Funds Management Reduces Stake in Gentrack

Gentrack Group Ltd (AU:GTK) has released an update.

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Regal Funds Management Pty Ltd has disclosed that it no longer holds a substantial position in Gentrack Group Ltd, with its shareholding dropping below the 5% threshold. This change occurred after normal market trading activities, where the management firm sold more shares than it bought, leading to a decrease in their total percentage held from 5.736% to 4.998%. The disclosure was made as required by the Financial Markets Conduct Act 2013.

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

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