Substantial Holding For DOW And IFL

  • Jan 16, 2019 AEDT
  • Team Kalkine
Substantial Holding For DOW And IFL

For Downer EDI limited there is a change in the substantial holding of Dimensional Entities and the change of interests of the holder was on January 14, 2019. The previous notice had the following details for the ordinary fully paid shares. The number of person’s votes are at 30,507,546 with 7.05% voting power. After the interest, the number of person’s votes are at 35,958,473 with 6.046% voting power.

The change which took place on January 14, 2019, was the Asia Pacific small company series of the DFA investment trust company sale of 14,404 class and number of securities with consideration given about change of $ (100,554.76) and the person’s votes affected were 14,404. While the second change was in the separate account advised by DFA Australia Limited sale with consideration given about change of $ (221,558.83) and company sale of 31,829 and the person’s votes affected were 31,829.

Downer EDI Limited (ASX: DOW) traded at a market price of $7.080 which is up by 0.426% or $0.030. The stock for the past 12 months period has had a performance change of 1.44%. The market cap at the current price is $4.19 billion. The P/E of the stock is 58.310x.

For IOOF Holdings Limited, on behalf of itself and its subsidiaries, the notice is given by IOOF Holdings Limited, and there was a change in the interest of the substantial holder on January 11, 2019.

The voting interests in the scheme that the substantial holder or an associate had a relevant interest in when last required or the total number of votes attached to all the voting shares in the company and when now required to give a substantial holding notice to the company or scheme are as follows for the ordinary shares. The number of person’s votes are at 11,830,736 with 7.923% voting power. After the interest, the number of person’s votes are at 13,390,158 with 8.949% voting power.

The addition was in Perennial Value Management Limited, purchased on the market for a consideration of $106,771.56. The class and number of ordinary shares are 280,361 and person’s votes of 280,361.

For IOOF Holdings Limited (ASX: IFL) traded at a market price of $5.600 which is up by 0.719% or $0.040. The stock for the past 12 months period has had a performance change of -50.31%. The market cap at the current price is $1.95 billion. The P/E of the stock is 21.060x.


Disclaimer

This website is a service of Kalkine Media Pty. Ltd. A.C.N. 629 651 672. The website has been prepared for informational purposes only and is not intended to be used as a complete source of information on any particular company. Kalkine Media does not in any way endorse or recommend individuals, products or services that may be discussed on this site. Our publications are NOT a solicitation or recommendation to buy, sell or hold. We are neither licensed nor qualified to provide investment advice.

 

All pictures are copyright to their respective owner(s).Kalkinemedia.com does not claim ownership of any of the pictures displayed on this website unless stated otherwise. Some of the images used on this website are taken from the web and are believed to be in public domain. We have used reasonable efforts to accredit the source (public domain/CC0 status) to where it was found and indicated it below the image.

 

There is no investor left unperturbed with the ongoing trade conflicts between US-China and the devastating bushfire in Australia.

Are you wondering if the year 2020 might not have taken the right start? Dividend stocks could be the answer to that question.

As interest rates in Australia are already at record low levels, find out which dividend stocks are viewed as the most attractive investment opportunity in the current scenario in our report.

CLICK HERE FOR YOUR FREE REPORT!
   
x
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it. OK