FilingReader Intelligence

Salt Funds Management ceases substantial holding in Vital

August 26, 2025 at 10:07 AM UTCBy FilingReader AI

Salt Funds Management Limited disclosed on August 26, 2025, that it ceased to be a substantial product holder in Vital Limited as of August 19, 2025. This follows a previous disclosure made on April 15, 2025.

At its last disclosure, Salt Funds Management held 2,077,630 Vital Limited ordinary shares, representing a 5.001% stake in the company, out of a total of 41,548,318 shares in the class. After the recent events, its total holding in Vital Limited is now 0%, marking the cessation of its substantial holding.

The primary event leading to this change was the acceptance of a takeover offer by Tait International Limited on August 19, 2025, involving the sale of 2,106,728 shares/units for a consideration of $948,027.60. Additionally, on-market purchases between April 17, 2025, and May 5, 2025, involved 29,098 shares/units with a consideration of -$7,141.25.

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

NZX:VTLNew Zealand Exchange

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