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Samuel Terry Asset Management Increases Stake in ARN Media

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HT&E Ltd ( (AU:A1N) ) has provided an announcement.

Samuel Terry Asset Management Pty Ltd, acting as trustee for Samuel Terry Absolute Return Fund, has increased its stake in ARN Media Limited, an Australian media company listed on the ASX under the ticker A1N. The fund’s voting power in ARN Media has risen from 17.0% to 18.8% following a series of on-market purchases of ordinary shares. This change in substantial holding reflects the fund’s growing influence in the company, potentially impacting ARN Media’s strategic decisions and shareholder dynamics.

More about HT&E Ltd

YTD Price Performance: -21.64%

Average Trading Volume: 71,868

Technical Sentiment Signal: Buy

Current Market Cap: A$176.3M

Learn more about A1N stock on TipRanks’ Stock Analysis page.

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