Farm Pride Foods Shareholder Voting Power Diluted

Farm Pride Foods Limited (AU:FRM) has released an update.

Farm Pride Foods Limited has experienced a change in the substantial holdings as Bait of Bretts Pty Ltd ATF Willow Investments Trust’s voting power decreased from 19.85% to 18.75%. This shift occurred on August 23, 2024, due to the company’s non-renounceable rights issue, which diluted existing holdings. Despite the dilution, Bait of Bretts Pty Ltd ATF Willow Investments Trust maintains a direct interest with the same number of 30,831,615 fully paid ordinary shares.

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