State Street Acquires Substantial Stake in Smartgroup

Smartgroup Corporation Ltd (AU:SIQ) has released an update.

Smartgroup Corporation Ltd has announced that State Street Bank and Trust Co and its associates have become substantial holders as of October 3, 2024, with a relevant interest in over 5 million ordinary shares. This move reflects a 5.20% voting power, which indicates State Street’s significant influence over the company’s voting shares. The detailed report elaborates on the nature of these interests and the roles of associated entities in managing voting and disposal rights of the securities.

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