First Sentier Becomes Major Breville Shareholder

Breville Group Limited (AU:BRG) has released an update.

Breville Group Limited has announced that First Sentier Investors Holdings Pty Limited, along with its associates and parent company Mitsubishi UFJ Financial Group Inc., has become a substantial holder in the company as of July 29, 2024. The collective voting power spans over 7 million fully paid ordinary shares, highlighting a strategic investment maneuver in Breville’s market positioning. This move signifies a notable shift in Breville’s ownership structure and could influence future company decisions.

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