FirstCape Group's holding in KMD Brands drops below 8%

FirstCape Group Limited has disclosed a movement of 1% or more in its substantial holding of KMD Brands Limited (KMD), according to a filing dated July 8, 2025. The relevant event occurred on July 7, 2025. The disclosure reveals that FirstCape's total number of shares held in KMD Brands decreased from 64,378,081 to 55,618,852. Consequently, their percentage holding in KMD Brands dropped from 9.046% to 7.815%. Harbour Asset Management Limited, a subsidiary of FirstCape, now holds 53,562,468 shares (7.526%), while BNZ Investment Services Limited, another subsidiary, holds 17,430,074 shares (2.449%). Jarden Wealth Limited holds 2,056,384 (0.289%) and JBWere (NZ) Pty Limited holds zero shares. The transactions leading to this change primarily involved on-market purchases and sales since the last disclosure on April 24, 2025.