WAM Strategic Value Ltd (AU:WAR) has released an update.
Wilson Asset Management Group has announced they do not have direct ownership of shares in Yowie Group Limited (YOW), but possess an indirect deemed relevant interest in YOW due to holding over 20% of voting power in both Keybridge Capital Limited (KBC) and HHY Fund (HHY). Despite this substantial voting power, the Wilson group claims it cannot influence the direction or control of KBC, HHY, or their investments, including those in YOW. This clarification comes as they comply with the Corporations Act requirement to disclose indirect interests.
For further insights into AU:WAR stock, check out TipRanks’ Stock Analysis page.