Crescent Capital increases ClearView Wealth stake to over 51%
Crescent Capital Partners (CCP), through its various entities, has announced an increase in its substantial holding in ClearView Wealth Limited. As of September 11, 2025, CCP Holdings' relevant interest and voting power in ClearView increased by 1.371%. This brings their total voting power to 51.51%, representing 332,917,709 ordinary shares, up from the previous 50.14% (326,429,614 shares) reported on May 20, 2024.
The increase stems from two key transactions. Firstly, CCP Holdings participated in ClearView's Dividend Reinvestment Plan on September 20, 2024, acquiring an additional 6,488,095 ordinary shares at A$0.59 per share, valued at A$3,827,975.76. This contributed a 0.476% rise to their interest.
Secondly, ClearView's notification on September 9, 2025, regarding the cessation of 11,427,457 ordinary shares, further increased CCP's interest by an additional 0.895%. The combination of these events has solidified Crescent Capital Partners' position as a majority stakeholder in ClearView Wealth.
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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