Harbour Asset Management increases stake in KMD Brands

Harbour Asset Management Limited has disclosed an increase in its substantial holding of KMD Brands (NZX:KMD) ordinary shares, reaching 60,121,673 shares, or 8.448% of the class, as of April 1, 2025. This represents an increase from the previously disclosed holding of 52,846,146 shares, representing 7.426% of the class, on October 11, 2024. The change is due to on-market buy and sell trades by Harbour Asset Management. These trades include on-market purchases of 7,730,710 shares for a total gross consideration of NZD3,112,800.79 and on-market sales of 455,183 shares for gross consideration of NZD192,248.74. BNZ Investment Services Limited also increased its holding to 18,258,527 shares (2.566%).