Australian Ethical Increases Stake in EROAD

EROAD (ERDLF) has released an update.

Australian Ethical Investment Limited has disclosed a change in its substantial holding in EROAD Limited, with its ownership interest now at 11.70%, a significant increase from the previous 10.22%. This change comes after a series of on-market transactions that resulted in at least a 1% shift in shareholding. The announcement underscores Australian Ethical Investment’s growing stake in the technology firm, hinting at strategic positioning within the financial markets.

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