Namoi Cotton Ltd (AU:NAM) has released an update.
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Harvest Lane Asset Management and its associated entities have ceased to be substantial shareholders in Namoi Cotton Ltd, with a significant disposal of shares prompting the change. The transaction involved the sale of 10,898,804 ordinary shares at a price of $0.77 per share to Louis Dreyfus Company Melbourne Holdings Pty Ltd. This major shift in ownership occurred on the 9th of October, 2024, marking a notable change in the company’s investor landscape.
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