Forsyth Barr increases stake in Vital Healthcare Property Trust

Forsyth Barr Investment Management Limited (FBIM) has disclosed a movement in its substantial holding in Vital Healthcare Property Trust, increasing its total percentage held to 12.826%. The relevant event occurred on September 12, 2025, with the disclosure filed on September 15, 2025. This marks an increase from its last reported holding of 11.762% as of May 12, 2025. The total number of units held by FBIM now stands at 87,077,435 out of a total of 678,896,043 units.

The increase in holding primarily stems from significant on-market purchases totaling NZD 16,980,037, acquiring 8,638,556 units between May 9, 2025, and September 12, 2025. During the same period, FBIM also conducted on-market sales of NZD 3,497,285, involving 1,746,617 units. Other transactions included off-market transfers into DIMS of 1,290,656 units, off-market transfers out of DIMS of 748,192 units, and 1,685 units obtained through a dividend reinvestment plan.

FBIM's relevant interest in Vital Healthcare Property Trust units arises from investment management agreements, where it acts as a provider of discretionary investment management services (DIMS) and as a manager of managed investment schemes. This interest grants FBIM the power to control the exercise of voting rights and the disposal of the shares.