RAS Technology Holdings (ASX: $RTH) partial share sale announcement

RAS Technology Holdings Limited (ASX: $RTH) has confirmed a partial share sale, with the founders, Mr Gary Crispe and Mr Robert Vilkaitis, agreeing to sell down a combined 3 million shares in the Company. The sell down represents 6.6% of the Company's issued capital and was executed at a price of $1.25 per share through a block trade. Following the sale, Mr Crispe and Mr Vilkaitis will each retain a 17.7% shareholding in the Company, with no present intention to sell further shares until at least the release of the 1H25 financial results.

Executive commentary on the partial share sale

The partial share sale represents a strategic decision to increase liquidity and free float, as well as provide greater personal diversification for the vendors. Mr Gary Crispe and Mr Robert Vilkaitis, the founders, remain committed long-term shareholders of the Company, each retaining a 17.7% shareholding. The Company welcomes its new investors to the register and looks forward to continued growth and success.

Summary of RAS Technology Holdings' partial share sale

RAS Technology Holdings Limited (ASX: $RTH) has confirmed the partial share sale of 6.6% of its issued capital, executed at a price of $1.25 per share. The founders, Mr Gary Crispe and Mr Robert Vilkaitis, will each retain a 17.7% shareholding in the Company, demonstrating their long-term commitment. The sale aims to increase liquidity and free float, providing greater personal diversification for the vendors. The Company expresses its anticipation for continued growth and success, welcoming new investors to the register.