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Metro Performance Glass Announces Change in Substantial Shareholding

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Metro Performance Glass Announces Change in Substantial Shareholding

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Metro Performance Glass Ltd ( (AU:MPP) ) has provided an announcement.

Metro Performance Glass Ltd has announced a change in the substantial holding of its shares by the Ototara Trust, managed by trustee Anthony David Frith. The trust’s shareholding percentage decreased from 5.754% to 3.853% following participation in a rights issue, where 27,230,832 shares were acquired. This adjustment reflects the company’s recent rights issue and top-up placement, impacting the trust’s overall stake.

More about Metro Performance Glass Ltd

Metro Performance Glass Ltd operates in the glass industry, providing high-performance glass products and solutions. The company focuses on delivering innovative glass solutions to various markets, including residential and commercial sectors.

Average Trading Volume: 138,400

Technical Sentiment Signal: Strong Sell

Current Market Cap: A$18.9M

See more insights into MPP stock on TipRanks’ Stock Analysis page.

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