Vulcan Energy Resources (ASX:VUL) said Citigroup Global Markets Australia and related bodies corporate of the Citigroup became a substantial holder on Wednesday, acquiring a 5.0581% stake, according to a Friday Australian bourse filing.
They hold 24.2 million ordinary shares of the firm, as of Wednesday.
Vulcan's shares rose 3% in recent trading on Friday.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.