Jarden Wealth takes 5.018% stake in Argosy Property

Jarden Wealth Limited has declared a substantial holding in Argosy Property (NZX:ARG), effective February 27, 2025. The disclosure, made on February 28, 2025, reveals that Jarden Wealth now holds 42,731,309 ordinary shares in Argosy Property, representing 5.018% of the total 851,518,198 shares. Jarden Wealth's interest stems from investment management agreements with clients, who are the beneficial owners of the shares, and FirstCape Group Limited has indirect control as the ultimate owner. The transactions leading to this substantial holding include both on-market purchases (1,210,743 shares for $1,262,509.74) and sales (5,489,793 shares for $5,721,039.35) between October 27, 2024, and February 27, 2025, with a net 644,117 shares transferred into a DIMS service.