ikeGPS Group (ASX:IKE, NZE:IKE) received notice that Regal Funds Management, a unit of Regal Partners (ASX:RPL), became the company's substantial shareholder on July 25, according to a Wednesday filing with the Australian bourse.
The investment manager now owns around 11.3 million shares in the company, representing a 6.2% total voting power, per the filing.