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The latest update is out from Serko ( (SERKF) ).
FirstCape Group Limited has increased its substantial shareholding in Serko to 16.433% of the company’s ordinary shares, up from 15.424%, according to a disclosure of movement in a substantial holding. The change results from a series of on-market purchases, limited on-market sales, and off-market transfers executed by FirstCape and its wholly owned subsidiaries Harbour Asset Management, BNZ Investment Services and JBWere (NZ), consolidating FirstCape’s influence among Serko’s institutional investor base.
Harbour Asset Management and JBWere (NZ) exercised investment management powers on behalf of clients, while BNZ Investment Services holds a beneficial ownership interest in certain shares managed by Harbour. The increased stake underscores the continued support of major institutional investors for Serko and may enhance FirstCape’s ability to influence voting outcomes and corporate governance matters at the company.
More about Serko
Serko Limited is a New Zealand-listed company in the technology and travel management sector, with its ordinary shares quoted on the NZX. The company attracts institutional investors and asset managers, reflecting its positioning as a growth-oriented listed issuer in the local capital markets.
For detailed information about SERKF stock, go to TipRanks’ Stock Analysis page.