Samuel Terry Asset Management Ceases Substantial Holding in Karoon Energy

Story Highlights
  • Samuel Terry Asset Management no longer holds a substantial interest in Karoon Energy.
  • The change affects 4,516,290 shares due to the end of an association with Sandon Capital.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Samuel Terry Asset Management Ceases Substantial Holding in Karoon Energy

Karoon Energy Ltd ( (AU:KAR) ) has shared an announcement.

Samuel Terry Asset Management Pty Ltd has ceased to be a substantial holder in Karoon Energy Ltd as of March 26, 2025. This change in substantial holding, involving 4,516,290 ordinary shares, results from the cessation of a limited association between Samuel Terry and Sandon Capital Pty Ltd, impacting the voting rights previously held under a voting agreement.

More about Karoon Energy Ltd

Karoon Energy Ltd is a company listed on the Australian Securities Exchange (ASX: KAR) that operates in the energy sector, focusing primarily on the exploration and production of oil and gas resources.

YTD Price Performance: 15.06%

Average Trading Volume: 4,221

Technical Sentiment Signal: Buy

Current Market Cap: $775.3M

See more insights into KAR stock on TipRanks’ Stock Analysis page.

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