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Thorney Technologies Increases Stake in Spirit Technology Solutions

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Spirit Technology Solutions Ltd. ( (AU:ST1) ) has shared an announcement.

Thorney Technologies Ltd has announced a change in their substantial holding in Spirit Technology Solutions Ltd, as per a notice dated 9 January 2025. The changes reflect various market purchases made by Thorney Technologies Ltd and its associated entities, which have increased their voting power from 5.24% to 6.25%. This adjustment in shareholding could indicate a strategic positioning by Thorney Technologies to influence or strengthen its stake in Spirit Technology Solutions, potentially impacting the company’s governance and future decisions.

More about Spirit Technology Solutions Ltd.

YTD Price Performance: -9.02%

Average Trading Volume: 195,525

Technical Sentiment Consensus Rating: Hold

Current Market Cap: A$115.3M

See more insights into ST1 stock on TipRanks’ Stock Analysis page.

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