FilingReader Intelligence

L1 Capital cuts Downer EDI stake to 5.68%

August 20, 2025 at 10:15 AM UTCBy FilingReader AI

L1 Capital reduced its stake in Downer EDI Limited to 5.68% from 6.95% through a series of on-market sales between September 2024 and August 2025.

The investment firm's voting power dropped from 46.7 million votes to 38.2 million votes. A notable sale on August 20 involved 1.3 million shares worth $9.3 million.

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

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