FilingReader Intelligence

FirstCape Group cuts Contact Energy stake despite buying shares

July 14, 2025 at 05:19 AM UTCBy FilingReader AI

FirstCape Group Limited increased its holding in Contact Energy to 50.5 million shares from 49.1 million shares through on-market trading since May 2024.

However, the investment firm's percentage stake dropped to 5.144% from 6.227% due to Contact Energy's total share count expanding from 789 million to 985 million shares.

The transactions were conducted across FirstCape's subsidiaries including Harbour Asset Management, BNZ Investment Services, Jarden Wealth and JBWere.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

NZX:CENNew Zealand Exchange

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