Eastern Metals Shareholders’ Voting Power Diluted

Eastern Metals Limited (AU:EMS) has released an update.

In a notable shift within Eastern Metals Limited, substantial holders Robert H. Duffin and Pamela C. Duffin reported unchanged voting rights despite an increase in the total shares issued, resulting in a reduced voting power from 21.6% to 18%. This change occurred on May 24, 2024, following their last update on May 8, 2024. The Duffins’ interests are held through their legal and beneficial ownership of shares via Irrawaddy Investments Pty Ltd and REC Investment Management Pty Ltd.

For further insights into AU:EMS 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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