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Talga Group Notified of Major Equity Derivatives Position

Talga Group Notified of Major Equity Derivatives Position

Talga Group Ltd. (AU:TLG) has released an update.

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Talga Group Ltd has announced that it has been formally notified by Pentwater Capital Management LP regarding its equity derivative positions in the company. This disclosure, made under the Australian Takeovers Panel Guidance Note 20, reveals Pentwater Capital’s holding of over 23 million ordinary shares in Talga through cash-settled equity swaps. Talga has confirmed that this information has been released to the ASX as required.

For further insights into AU:TLG stock, check out TipRanks’ Stock Analysis page.

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