Nine Entertainment Flags WIN Group's Increased Voting Power

MT Newswires Live

8 hours ago

Nine Entertainment (ASX:NEC) said the WIN Group, owner of Birketu, has increased its voting power in the company to 22.98% from 19.98%, according to a Friday filing with the Australian bourse.

WIN Group has entered into two new equity swap transactions with Macquarie Bank in respect of shares in Nine Entertainment. It consists of a cash-settled equity swap covering 35.7 million shares and a physically settled equity swap of 47.5 million shares.

WIN Group's holding in Nine remains unchanged, as per the filing.

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It consists of a cash-settled equity swap covering 35.7 million shares and a physically settled equity swap of 47.5 million shares.</p><p>WIN Group's holding in Nine remains unchanged, as per the filing.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"PW","symbol_name":"Power REIT","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2614008358","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2614008358","pubTimestamp":1772149671,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. 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