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Allan Gray Australia Reduces Stake in Australian Vintage

Allan Gray Australia Reduces Stake in Australian Vintage

Australian Vintage Ltd (AU:AVG) has released an update.

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Allan Gray Australia Pty Ltd has reported a decrease in their holdings of Australian Vintage Limited, with their voting power dropping from 9.34% to 8.32% as of July 17, 2024. This change in interest marks a reduction in the number of ordinary shares held by Allan Gray Australia, as detailed in the latest Form 604 submitted to the company. The notice, signed by Company Secretary Elizabeth Lee, provides transparency on the adjustments in the substantial holding of the investment manager’s group.

For further insights into AU:AVG stock, check out TipRanks’ Stock Analysis page.

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