Generation Development Group Limited (AU:GDG) has released an update.
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Robert Coombe has ceased to be a substantial holder in Generation Development Group Limited as of June 11, 2024, following changes in shareholdings stemming from the company’s recent equity offers. Coombe’s relevant interest changed due to an acquisition of shares at $1.95 each and a dilution effect after the company’s institutional placement and entitlement offer. These transactions have notably altered Coombe’s voting power within the company.
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