TNG Limited (AU:TVN) has released an update.
TNG Limited has reported a change in the substantial holdings of Sparta AG and associated German investment groups, with a decrease in their combined voting power from 11.14% to 10.09% due to on-market sales and dilution from new share issuances. The group’s voting rights have been affected by recent transactions, including on-market sales at prices around $0.079 per share and the dilution event, changing their relevant interests in the company’s ordinary shares.
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