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Sybos Holdings Reduces Stake in EBOS Group with Major Share Sale

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Sybos Holdings Reduces Stake in EBOS Group with Major Share Sale

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EBOS Group Limited ( (AU:EBO) ) has provided an update.

EBOS Group Limited, a company listed on the NZX and ASX, has seen a change in the substantial holding of its ordinary shares. Sybos Holdings Pte Limited has reduced its stake in EBOS by entering into a block trade agreement with UBS New Zealand Limited to sell 26,740,177 shares at NZ$35.50 each, amounting to NZ$949,276,283.50 in total. This transaction reduces Sybos’s percentage holding in EBOS from 18.743% to 18.058%. The agreement also includes a restriction on Sybos from dealing with its remaining shares for 90 days, impacting its control over these shares.

The most recent analyst rating on (AU:EBO) stock is a Buy with a A$39.00 price target. To see the full list of analyst forecasts on EBOS Group Limited stock, see the AU:EBO Stock Forecast page.

More about EBOS Group Limited

Average Trading Volume: 61,864

Technical Sentiment Signal: Strong Buy

Current Market Cap: A$7.21B

For an in-depth examination of EBO stock, go to TipRanks’ Stock Analysis page.

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