Vinva Investment Becomes oOh!Media Substantial Holder

oOh media Ltd (AU:OML) has released an update.

Vinva Investment Management Limited has emerged as a substantial holder in oOh!Media Limited, acquiring 3,960,639 shares and disposing of 429,696 shares, reflecting a notable transaction in the company’s shares. The financial maneuvers involved a total cash consideration of $738,847 for disposals and $6,606,353 in non-cash considerations for acquisitions, indicating significant market activity by Vinva in oOh!Media’s stock with a 5.02% voting power.

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