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Capital B’s Voting Power Dilutes in Rent.com.au

Capital B’s Voting Power Dilutes in Rent.com.au

Rent.com.au Ltd (AU:RNT) has released an update.

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Capital B Asset Management Pty Ltd, under the trustee role for Capital [b] Trust, reported a dilution in voting power from 17.66% to 14.71% in Rent.com.au Limited (RNT) following a non-renounceable entitlement issue on August 16, 2024. Despite the number of shares held remaining constant at 111,174,596, the proportional voting power decreased due to the additional share issuance. No changes in association with the substantial holder were reported since the previous notice.

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

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