Financial Wire

Peninsula Energy Says Citigroup Becomes Substantial Holder

-- Peninsula Energy (ASX:PEN) received notice that Citigroup Global Markets Australia and its affiliated entities became a substantial holder of the company on Monday, according to a Wednesday filing with the Australian bourse.

Citigroup now owns 25.9 million shares in the company, representing a 5.79% total voting power, the filing said.

The company's shares rose 1% in recent Wednesday trade.

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