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VGI Partners Ltd. Announces Change in Substantial Holding Status

Story Highlights
  • Regal Partners Limited ceased to be a substantial holder in PM Capital Global Opportunities Fund.
  • The change is due to the dilution and sale of shares by associated entities.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
VGI Partners Ltd. Announces Change in Substantial Holding Status

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VGI Partners Ltd. ( (AU:RPL) ) has shared an announcement.

VGI Partners Ltd. has announced a change in its substantial holding status, as Regal Partners Limited (RPL) ceased to be a substantial holder in PM Capital Global Opportunities Fund Limited. This change is due to the dilution and sale of fully paid ordinary shares by Paul Moore, Horizon Investments Australia Pty Ltd, Roaring Lion Pty Ltd, and other associated entities. The announcement indicates a shift in the company’s investment strategy, potentially impacting its market positioning and stakeholder interests.

The most recent analyst rating on (AU:RPL) stock is a Buy with a A$4.10 price target. To see the full list of analyst forecasts on VGI Partners Ltd. stock, see the AU:RPL Stock Forecast page.

More about VGI Partners Ltd.

Average Trading Volume: 1,503,065

Technical Sentiment Signal: Buy

Current Market Cap: A$1.23B

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

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