Fisher Funds reduces stake in Napier Port Holdings

Fisher Funds Management Limited has disclosed a change in its shareholding in Napier Port Holdings, according to a recent announcement to the New Zealand Stock Exchange. The disclosure, made on June 23, 2025, reveals that Fisher Funds no longer holds a substantial holding in the company as of June 19, 2025. The previous disclosure, dated January 16, 2024, indicated Fisher Funds held 10,305,798 ordinary shares, representing 5.154% of the total shares in class. After a series of market transactions, including purchases totaling NZD 760,008 between January 17, 2024, and April 16, 2024, and sales totaling NZD 2,334,150 between April 17, 2024, and June 19, 2025, Fisher Funds now holds 9,864,543 shares, representing 4.941% of the total shares. The disclosure was certified by Mahia Pepper of Fisher Funds Management Limited.