Terragen Holdings Ltd (AU:TGH) has released an update.
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Ceres Capital Pty Ltd has ceased to be a substantial holder in Terragen Holdings Ltd following a series of on-market trades and a dilution resulting from a recent placement and entitlement offer. The changes affected 20,687,422 ordinary shares, reflecting a significant shift in the company’s shareholder base. This development could indicate potential adjustments in Terragen’s market dynamics, capturing the interest of investors and financial market followers.
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