FBR Limited (AU:FBR) has released an update.
FBR Ltd has reported a change in the substantial holdings by Horsley Park Holdings Pty Ltd and Brickworks Limited, with their voting power decreasing from 16.49% to 15.27% due to the issuance of new shares. This alteration in voting interest follows FBR Ltd’s placement of 328,947,368 new ordinary shares, which diluted the substantial holders’ percentage since the last report. The shift in voting power reflects Horsley Park and Brickworks’ adjusted position in FBR Ltd as disclosed in their recent regulatory filing.
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