Pact Group Holdings ( (AU:PGH) ) has issued an announcement.
Pact Group Holdings Ltd has announced its voluntary delisting from the Australian Securities Exchange (ASX), following approval from the ASX, contingent upon several conditions. The company plans to hold an Extraordinary General Meeting (EGM) on 12 June 2025, where shareholders will vote on the delisting. Bennamon and its associates, holding 88% of the shares, intend to vote in favor of the resolution, indicating a strong likelihood of the delisting proceeding. This move could impact the company’s market presence and shareholder engagement strategies.
More about Pact Group Holdings
Pact Group Holdings Ltd is a company based in Cremorne, Victoria, Australia, operating within the manufacturing sector. The company is involved in producing a range of packaging and related products, catering to various industries with a focus on sustainability and innovation.
YTD Price Performance: 8.65%
Average Trading Volume: 192
Technical Sentiment Signal: Buy
Current Market Cap: €181.6M
See more insights into PGH stock on TipRanks’ Stock Analysis page.