Ubique Asset Ups Stake in Downer EDI

Downer EDI Limited (AU:DOW) has released an update.

Ubique Asset Management Pty Ltd has increased its stake in Downer EDI Limited, with its voting power rising from 8.15% to 9.69% as reported on June 17, 2024. The change resulted from market purchases and in-specie transfers totaling over $49 million, reflecting a significant shift in the substantial holder’s interest in the company.

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