Hotel Property Investments Ltd. (AU:HPI) has released an update.
Yarra Capital Management and associated entities have emerged as substantial shareholders of Hotel Property Investments Limited, collectively holding a 5.03% interest with 9,810,549 ordinary fully paid shares. The acquisition, which took place between February and June 2024, involved a cash consideration of $14,526,576 for a portion of the shares. The entities hold their interest through a web of controlled bodies and as responsible entities for managed investment schemes.
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