Namoi Cotton Ltd (AU:NAM) has released an update.
Harvest Lane Asset Management Pty Ltd has emerged as a substantial holder in Namoi Cotton Limited, with a 5.3596% stake amounting to 10,989,438 ordinary shares. This position was established through a series of acquisitions ranging from February to June 2024, with the investment management firm now having significant voting power and control over the disposal of these shares. The shares in question were registered under various nominees, including Palm Beach Nominees Pty Ltd and BNP Paribas Nominees Pty Ltd.
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