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Hot Topic Budget 25
Investment
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Significant shareholder sells down Eroad stake

New York-based hedge fund Ampfield Management has reduced its holding in the transport tech company.

NZX-listed Eroad has lost a substantial shareholder.

Kate McVicar Mon, 23 Sep 2024

Ampfield Management has ceased to be an Eroad substantial shareholder after selling down its stake. 

A disclosure to the NZX showed the New York-based hedge fund reduced its stake in the transport management technology company from 7.44% to 1.27%.

The market notice showed that in three on-market

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Kate McVicar Mon, 23 Sep 2024
Contact the Writer: kate@nbr.co.nz
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Significant shareholder sells down Eroad stake
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