Australian Retirement Trust Acquires Stake in SIMS Ltd
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Australian Retirement Trust Acquires Stake in SIMS Ltd

Sims (AU:SGM) has released an update.

Australian Retirement Trust Pty LTD has declared a substantial holding in SIMS Ltd, with a 5.004% voting power through 9,668,105 fully paid ordinary shares. This position gives them significant influence, as they have the power to exercise voting rights as the trustee of a superannuation fund. All transactions leading to this holding occurred prior to the 7th of August, 2024, and are registered under HSBC Custody Nominees (Australia) Limited.

For further insights into AU:SGM stock, check out TipRanks’ Stock Analysis page.

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