RAM Essential Services Property Fund (AU:REP) has released an update.
RAM Essential Services Property Fund has disclosed a significant increase in ownership by Equity Trustees Limited and associated entities, reporting a jump in voting power from 31.16% to 32.51%. The change in substantial holding resulted from a series of on-market purchases, involving millions of fully paid ordinary stapled securities over several months. This strategic accumulation reflects a growing interest and potential influence by Equity Trustees Limited in the operational direction of the fund.
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