Altium (AU:ALU) has released an update.
Altium Ltd has gained a significant new investor, The Northern Trust Company, which reported a 5.2% stake in the firm, amounting to 6,908,363 fully paid ordinary shares. The Northern Trust Company obtained this substantial holding on April 23, 2024, with the power to control the voting and disposal of these securities. The detailed breakdown of voting rights and relevant interests indicates Northern Trust’s role as an investment manager with mandates guiding their control over the shares.
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