G8 Education Limited (AU:GEM) has released an update.
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G8 Education Limited, trading as GEM on the ASX, has announced that Wilson Asset Management Group has become a substantial holder as of May 24, 2017. The notice includes details on the voting power, which stands at 5.13% with 41,491,794 ordinary shares. This significant acquisition reflects the firm’s confidence in G8 Education’s market potential and strategic direction.
For further insights into AU:GEM stock, check out TipRanks’ Stock Analysis page.