Forsyth Barr increases stake in Precinct Properties

Forsyth Barr Investment Management Limited (FBIM) reported a movement of 1% or more in its substantial holding of Precinct Properties NZ & Precinct Properties Investments Limited (NZX:PCT) on May 7, 2025. The disclosure, dated May 8, 2025, reveals that FBIM's total number of ordinary shares held has increased to 129,548,270, representing 8.163% of the total class. This is up from the previous disclosure on April 4, 2025, where FBIM held 111,872,946 shares, or 7.049% of the class.