Highlight capital raise pushes Studhalter shareholding below 20-per-cent threshold

(Edith Geuppert - GES Sportfoto/Getty Images)
(Edith Geuppert - GES Sportfoto/Getty Images)
The purchase of 3.5 million new shares in Highlight Event and Entertainment (HLEE) has pushed the shareholding of Alexander Studhalter below 20 per cent, as Highlight seeks to minimise risks to the company posed by restrictions placed on the Swiss businessman by US authorities.

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