Viva Energy Group Ltd. (AU:VEA) has released an update.
Ubique Asset Management Pty Ltd has become a substantial holder in Viva Energy Group Limited, acquiring a 5.14% voting power through 82,000,897 ordinary shares. This strategic move, part of a broader investment in Australian shares for funds and institutional portfolios, reflects the company’s growing influence in the energy sector. The shares were accumulated over four months with a mix of cash and non-cash transactions totaling over $350 million.
For further insights into AU:VEA stock, check out TipRanks’ Stock Analysis page.
