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Regal Funds Management Ceases Substantial Holding in Provaris Energy

Story Highlights
  • Regal Funds Management and Regal Partners Limited have ceased to be substantial holders in Provaris Energy.
  • A series of sales, including a major transaction, impacted over 3.3 million votes in Provaris Energy.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.

Provaris Energy Ltd ( (AU:PV1) ) has shared an update.

Provaris Energy Ltd has announced that Regal Funds Management Pty Limited, along with Regal Partners Limited, has ceased to be a substantial holder in the company. This change is due to a series of sales of ordinary securities by Regal Funds Management, culminating in a significant transaction on March 21, 2025, which affected over 3.3 million votes. The divestment may impact Provaris Energy’s shareholder composition and could influence its market dynamics, as Regal Funds Management was a notable stakeholder.

More about Provaris Energy Ltd

Technical Sentiment Signal: Strong Buy

Current Market Cap: $4.79M

For an in-depth examination of PV1 stock, go to TipRanks’ Stock Analysis page.

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