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Ampfield lifts EROAD stake to 6.5% after ASX share purchases

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Ampfield lifts EROAD stake to 6.5% after ASX share purchases

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An announcement from EROAD ( (ERDLF) ) is now available.

Ampfield Management, L.P., a U.S.-based investment manager, has increased its substantial shareholding in EROAD Limited, lifting its stake from 5.39% to 6.50% of the company’s ordinary shares. The position is held across several funds and custodians, over which Ampfield exercises voting and disposal control.

The move follows on‑market purchases of more than 2.07 million EROAD shares on the ASX between 24 and 27 March 2026, for consideration of about AUD 1.42 million. The higher holding underscores continued institutional investor interest in EROAD and may signal growing confidence in the company’s prospects among offshore shareholders.

More about EROAD

EROAD Limited is a transport technology company that provides electronic road user charging, fleet management and telematics solutions for commercial transport operators. The company focuses on connected vehicle services across markets where regulatory compliance, safety and efficiency in road transport are key drivers for customers and investors.

See more insights into ERDLF stock on TipRanks’ Stock Analysis page.

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