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NEUTRAL

Synergia Energy Releases TR-1 Notification

Why we think this is neutral

This RNS announcement is a TR-1 notification of major holdings, which does not contain any of the mandatory news types that would require a more detailed analysis. The announcement appears to be a routine regulatory filing.

Key Points

  • TR-1 notification of major holdings
  • Republic Investment Management Pte. Ltd. reduced stake to 13.76%

Summary

The energy company has released a TR-1 notification regarding major shareholdings.

Synergia Energy Ltd has released a TR-1 notification of major holdings. The notification indicates that Republic Investment Management Pte. Ltd. has reduced its stake in the company to 13.76% from the previous 14.5%.

DIRECTOR DEALINGS