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Locality Energy Sees Uptick in Shareholder Influence
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Locality Energy Sees Uptick in Shareholder Influence

Locality Planning Energy Holdings Limited (AU:LPE) has released an update.

Locality Planning Energy Holdings Limited has experienced a shift in substantial holding, with River Capital Pty Ltd and associates increasing their voting power from 19.69% to 19.75% through various on-market acquisitions and a takeover bid. The acquisitions occurred between April 4 and April 5, 2024, with a total of 122,687 fully paid ordinary shares purchased before the takeover bid on April 16, 2024. This change in share ownership indicates a strengthening of River Capital’s position in the company.

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

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