Aussie fund manager sells down Evolve Education stake
Regal has sold down its stake in the struggling company seven times since December.
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Australian fund manager Regal has sold down its stake in Evolve Education Group to below the 5% disclosure threshhold, as the company delays releasing annual results.
The Sydney-based fund manager sold its stake down from 9.4% to 4.6% for $6 million, a shareholder notice to the NZX shows.
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