Milford Asset Management ceases substantial holding in Contact Energy

Milford Asset Management Limited has disclosed that it ceased to be a substantial product holder in Contact Energy Ltd on September 22, 2025. This followed a series of on-market sales totaling 1,747,678 units, which generated a total consideration of NZD$16,100,253. The disclosure was made on September 24, 2025.

Prior to ceasing its substantial holding, Milford Asset Management held various stakes across multiple funds, including a 2.7939% interest through the Milford Active Growth Wholesale Fund and a 0.8863% interest via the Milford Income Wholesale Fund. The last disclosure of its substantial holding was made on September 18, 2025.

Following the reduction, Milford Asset Management's aggregate holdings across its funds now stand at 2.668% through the Milford Active Growth Wholesale Fund and 0.886% through the Milford Income Wholesale Fund, among others. The notification was certified by Zachary Kenworthy, team leader – operations at Milford Asset Management.