Resources & Energy Group Sees New Major Shareholder
Company Announcements

Resources & Energy Group Sees New Major Shareholder

Resources & Energy Group Limited (AU:REZ) has released an update.

Carl Charalambous has become a substantial holder in Resources & Energy Group Limited, holding a significant interest through entities Kyriaco Barber Pty Ltd and Charalambous Super Pty Ltd. The acquisition, totaling 36.6 million shares, represents a 5.3% voting power in the company, reflecting a strategic move in the energy sector. This development highlights potential shifts in the company’s shareholder dynamics, potentially impacting future business strategies.

For further insights into AU:REZ 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