Lifestyle Communities sees major shifts in substantial shareholder stakes
Brahman Pure Alpha Pte Ltd, Brahman Capital Management Pte Ltd, and Belmont Capital Management Pty Ltd collectively increased their voting power in Lifestyle Communities Limited from 11.863% to 13.946% as of September 19, 2025. This change represents an increase of 2,536,402 ordinary shares, acquired on September 19, 2025, at $5.97 per share. These entities manage investments and control voting rights and disposal powers for their respective holdings.
Concurrently, Citigroup Global Markets Australia Pty Limited and its related bodies corporate reported a decrease in their total voting power from 8.2460% to 6.9318% by September 19, 2025. This reduction primarily stemmed from Citibank, N.A. Sydney Branch decreasing its relevant interest by 1,187,612 ordinary fully paid shares. Citigroup Global Markets Australia Pty Limited and Citigroup Global Markets Limited experienced both increases and decreases through contracts under securities lending agreements.
Separately, State Street Corporation and its subsidiaries also reported a decrease in their substantial holding, with voting power falling from 6.52% to 5.41% by September 19, 2025. This change resulted from various lend and borrow activities, as well as collateral movements related to securities lending agreements.
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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