Engin today confirms that it has increased its holding in the ordinary shares of Unwired Group Limited (“Unwired” – UNW.ASX) from 11.37 per cent, to over 19.8 per cent through a series of transactions, mainly at 45 cents per share.
The shares were bought from interests associated with Unwired’s former Director (and Chairman) Steve Cosser.
As previously stated, the stake has been acquired for investment purposes and should enable Engin, as a significant shareholder, to play a prominent role in the development of wireless broadband technologies across Australia.
