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Infratil Limited ( (NZ:IFT) ) has provided an update.
FirstCape Group Limited, through its asset management and investment services subsidiaries, has increased its substantial shareholding in Infratil Limited to 6.143% of ordinary shares, up from 5.114% at the last disclosure. The change reflects active on-market buying, selective selling, and transfers within discretionary investment management services, signalling growing institutional support and potentially enhancing Infratil’s shareholder base stability and market visibility.
The transactions involve Harbour Asset Management, BNZ Investment Services, JBWere (NZ), and Consilium, with Harbour managing a significant portion of the position under investment management mandates. While beneficial ownership largely sits with underlying clients, FirstCape’s consolidated control of voting and disposal rights across these entities underscores its role as a key institutional holder whose decisions may influence liquidity and governance dynamics around Infratil’s stock.
More about Infratil Limited
Infratil Limited is a New Zealand-listed infrastructure investment company with a portfolio spanning energy, digital infrastructure, transport, and social infrastructure assets. It focuses on long-term, cash-generative investments, often in regulated or essential service sectors, targeting stable returns for institutional and retail shareholders in the Australasian market and beyond.
Find detailed analytics on IFT stock on TipRanks’ Stock Analysis page.