Spheria Asset Ups Stake in Michael Hill

Michael Hill International Ltd. (AU:MHJ) has released an update.

Spheria Asset Management Pty Ltd has increased its stake in Michael Hill International Ltd, with its voting power rising from 11.60% to 12.60% as of June 21, 2024. The change signifies a notable increase in Spheria’s relevant interest in the company, involving an additional 4,431,453 ordinary fully paid shares. This shift in shareholding could have implications for investor influence and company governance.

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