CBA Becomes Major Shareholder in Autosports Group

Autosports Group Ltd (AU:ASG) has released an update.

Commonwealth Bank of Australia (CBA) has emerged as a substantial holder in Autosports Group Limited, with a total voting power of 5.57% through 11,190,091 fully paid ordinary shares. This position grants CBA a relevant interest as defined by the Corporations Act 2001 due to its voting power in Avanteos Investments Limited and Colonial First State Investments Limited, which exceeds 20%. The detailed interests and nature of the relevant interests held by CBA and its related entities are outlined as per the statutory requirements.

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