An update from Yowie Group ( (AU:YOW) ) is now available.
Yowie Group Ltd has addressed a series of substantial shareholder notices filed by individuals purportedly associated with Keybridge Capital Limited, which is under administration. The company clarified that it has no plans to convene a general meeting for board appointments and has not received any nominations or consents from these individuals. Yowie is concerned about potential conflicts of interest, as it is the largest creditor of Keybridge, which owes approximately $7 million. The company reassures shareholders that no action is required regarding these notices.
More about Yowie Group
Yowie Group Ltd is a global brand licensing and chocolate manufacturing business focused on creating consumer products that promote learning and engagement with the natural world through the adventures of Yowie characters. The company aims to educate about the environment and ecology, and it leverages its intellectual property for manufacturing and distributing Yowie chocolate products and developing a digital platform. Yowie seeks to expand its brand presence in North America, ANZ, and internationally.
Technical Sentiment Signal: Buy
Current Market Cap: $2.06M
Find detailed analytics on YOW stock on TipRanks’ Stock Analysis page.