Norges Bank Acquires Stake in Altium Limited

Altium (AU:ALU) has released an update.

Norges Bank has emerged as a substantial holder in Altium Limited, a key player in the global software market, now wielding a 5.14% voting power through 6,775,643 ordinary shares. This significant investment by the central bank managing Norway’s government funds underscores its strategic interest in the tech firm. The details of the transaction, including the consideration paid, are itemized in an appendix not disclosed in this summary.

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