Banksia Management Pty Ltd and BC Fund II Pty Ltd sold 0.29% stake in Pioneer Credit Limited (ASX:PNC) for AUD 0.29 million on April 6, 2017. As per terms, Banksia Management Pty Ltd and BC Fund II Pty Ltd respectively sold 0.11 million and 0.39 million shares and post completion don’t hold any stake in Pioneer Credit Limited. Bell Potter Securities Limited acted as financial advisor for Pioneer Credit Limited. Banksia Management Pty Ltd and BC Fund II Pty Ltd completed the sale of 0.29% stake in Pioneer Credit Limited (ASX:PNC) on April 6, 2017.