ikeGPS Group (NZE:IKE, ASX:IKE) received notice that Regal Funds Management, a unit of Regal Partners (ASX:RPL), raised its holdings in the company to 7.19% from 6.16%, according to a Monday filing with the Australian and New Zealand bourses.
The investment manager now owns around 13.9 million shares in the company, per the filing.
Shares of the company fell 1% in recent Monday trade in New Zealand.
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