Mayne Pharma Group Limited is a publicly traded company, and therefore, its ownership is distributed among its various shareholders. While no single entity holds 100% ownership, several key investors and investment funds hold significant stakes in the company.
As a company listed on a stock exchange, Mayne Pharma's shares are available for purchase by the general public, institutional investors, and other corporate entities. This structure means that ownership is fragmented rather than concentrated in one individual or private group.
Major Shareholders of Mayne Pharma
Based on recent disclosures, the most significant shareholders of Mayne Pharma Group Limited include a mix of investment firms and prominent individual investors. These entities collectively hold a substantial portion of the company's shares and can influence its strategic direction.
The table below outlines some of the largest shareholders, their respective percentage of ownership, and the number of equities they hold:
| Shareholder Name | Equity Percentage | Number of Equities |
|---|---|---|
| Viburnum Funds Pty Ltd. | 7.153 % | 6,085,281 |
| Bruce Mathieson | 6.221 % | 5,292,066 |
| Bmgbj Myx Pty Ltd. | 6.093 % | 5,183,477 |
| Lazard Asset Management Pacific Co. | 4.985 % | 4,240,774 |
These major shareholders represent different types of investors:
- Viburnum Funds Pty Ltd. and Lazard Asset Management Pacific Co. are examples of institutional investors or asset management firms. They manage investment portfolios on behalf of their clients, often holding significant stakes in various public companies.
- Bruce Mathieson is identified as a key individual investor, indicating a personal holding of a substantial number of shares.
- Bmgbj Myx Pty Ltd. likely represents another corporate or investment vehicle with a notable ownership stake.
Understanding Public Company Ownership
For a publicly listed entity like Mayne Pharma, ownership is dynamic. Shares are traded on the stock market, meaning the composition of shareholders can change as investors buy and sell stock. While the largest shareholders have considerable influence due to their substantial holdings, the ultimate control rests with the collective body of all shareholders. They exercise their rights through voting on corporate matters during annual general meetings, including the election of the board of directors and approval of major company decisions.
This distributed ownership model is typical for large corporations, enabling them to raise capital from a wide range of investors and subjecting their performance to market valuation.
