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Service Stream Limited’s Substantial Holder Reduces Stake

Story Highlights
  • Service Stream Limited’s substantial holder, TIGA Trading Pty Ltd, reduced its voting power.
  • The change in shareholding may impact the company’s governance and stakeholder interests.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.

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Service Stream Limited ( (AU:SSM) ) has provided an announcement.

Service Stream Limited, a company listed on the ASX, has experienced a change in the interests of its substantial holder, TIGA Trading Pty Ltd, and associated entities. The notice indicates a reduction in voting power from 6.22% to 5.15%, following a series of market sales of ordinary shares by various entities within the Thorney Investment Group. This change in shareholding could impact the company’s governance dynamics and influence over strategic decisions, potentially affecting stakeholders’ interests.

More about Service Stream Limited

YTD Price Performance: -5.15%

Average Trading Volume: 4

Technical Sentiment Signal: Sell

Current Market Cap: €604.3M

For detailed information about SSM stock, go to TipRanks’ Stock Analysis page.

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