Burgundy Diamond Mines Ltd (AU:BDM) has released an update.
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Schroder Investment Management Australia Limited (SIMAL) has increased its stake in Burgundy Diamond Mines Ltd, with its voting power rising from 6.50% to 8.20%, according to a recent update. The change, which occurred between July 2023 and June 2024, involved buying and selling shares as well as in-specie transfers, resulting in SIMAL now holding over 116 million votes. This marks a notable shift in the company’s substantial holdings, reflecting SIMAL’s changing investment strategy within Burgundy Diamond Mines.
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