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Seven Group’s Voting Power Diluted Post-Acquisition
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Seven Group’s Voting Power Diluted Post-Acquisition

Seven Group Holdings Limited (AU:SVW) has released an update.

Seven Group Holdings Limited (SGH) has experienced a decrease in the voting power of entities controlled by Mr. Kerry Stokes AC, now at 53.74%, due to the issuance of new securities for acquiring Boral Limited. This change in substantial holding was documented in a recent notice to the ASX, reflecting a dilution resulting from the additional ordinary shares issued by SGH.

For further insights into AU:SVW stock, check out TipRanks’ Stock Analysis page.

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