Altech Witnesses Major Shareholding Changes

Altech Chemicals Limited (AU:ATC) has released an update.

Altech Batteries Limited has seen a significant reconfiguration in its substantial holding structure, with various transactions altering the voting power of principal stakeholders. Key changes included on-market sales and a share sale and purchase agreement, leading to a notable shift in the voting power of Deutsche Balaton Aktiengesellschaft from 20.39% to 19.49%. These activities reflect a dynamic shift in the company’s investor base, which could be of interest to current and potential shareholders.

For further insights into AU:ATC stock, check out TipRanks’ Stock Analysis page.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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