WEBJET CEO John Gucsic is no longer classed as a “substantial shareholder” in the company, after a decline in his overall stake due to the “dilutionary impact” of shares issued in the recent capital raising (TD 01 Apr).
Previously Gucsic’s holding of 12,171,335 shares comprised more than 5% of the company, but after this month’s additional issue this has declined to 2.62%.
The post Gucsic Webjet stake diluted appeared first on Travel Daily.
Source: traveldaily