Thorney Technologies Ups Stake in Spacetalk

Thorney Technologies Limited (AU:TEK) has released an update.

Thorney Technologies Ltd has announced a change in their substantial holding in Spacetalk Limited, as detailed in a recent Form 604 filed in accordance with the Corporations Act. The update reflects changes in the number of ordinary shares held and voting power, which increased from 22.80% to 27.36% following recent transactions including placements and sub underwritings. These transactions involved a combination of consideration paid and nil-cost acquisitions, significantly altering Thorney’s stake in Spacetalk.

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