Syrah Resources Limited (AU:SYR) has released an update.
First Sentier Investors has become a substantial holder in Syrah Resources Limited, acquiring a total voting power of 5.15% with 44,114,714 fully paid ordinary shares. The acquisition includes shares over which Mitsubishi UFJ Financial Group, the ultimate parent company of First Sentier Investors, has informed it has voting power. The detailed associations and relevant interests are dictated by the Corporations Act 2001 provisions and reflect a significant stake by the investment management firms in Syrah Resources.
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