tiprankstipranks
Advertisement
Advertisement

FirstCape and Harbour Lift Stakes in KMD Brands Above 10%

Story Highlights
  • FirstCape Group and Harbour Asset Management increased their substantial stakes in KMD Brands to just over 10%.
  • Their larger positions follow a mix of on-market trades and a major off-market placement since early April 2026.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
FirstCape and Harbour Lift Stakes in KMD Brands Above 10%

Claim 55% Off TipRanks

KMD Brands Limited ( (AU:KMD) ) has shared an update.

Institutional investors FirstCape Group Limited and Harbour Asset Management Limited have disclosed significant increases in their substantial shareholdings in KMD Brands Limited. Following recent transactions, FirstCape’s interest has risen to 10.642% of KMD’s ordinary shares, while Harbour now holds 10.508% of the expanded share base.

The change in holdings stems from a mix of on‑market trades and a large off‑market share placement, which materially boosted both firms’ positions since their last disclosure on 9 April 2026. The larger stakes underscore continued institutional support for KMD Brands and signal heightened influence of these asset managers in the company’s shareholder register.

More about KMD Brands Limited

KMD Brands Limited is a listed company whose ordinary shares trade on the NZX, attracting institutional investors such as FirstCape Group and Harbour Asset Management. The company sits within the consumer sector and is closely followed by asset managers that build sizeable positions through both on-market trading and capital placements.

Find detailed analytics on KMD stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1