WAM Capital Ltd. (AU:WAM) has released an update.
WAM Capital Ltd. has become a substantial holder in EML Payments Limited, acquiring a 6.11% interest with 22,923,151 ordinary shares, as disclosed in a recent regulatory filing. The details of the acquisition, including the consideration and the reasons behind the association of the named holders, were outlined in compliance with the Corporations Act 2001. This move may signal a new strategic direction for WAM Capital Ltd. in the financial payments sector.
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