Infomedia Ltd (AU:IFM) has released an update.
Infomedia Ltd has reported a significant change in shareholding by Viburnum Funds Pty Ltd, with a decrease in their voting power from 9.70% to 7.84% following the sale of 7 million shares. The transaction involved a market sale worth approximately $11.7 million between February 20 and April 4, 2024. The changes in holdings reflect Viburnum Funds’ adjustments in their investment strategy as a substantial holder in Infomedia.
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