HRL 4.17% 12.5¢ hrl holdings ltd

Ann: Change in substantial holding, page-4

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    Summary of Significant Shareholders.

    Viburnum Funds - 16.80%
    Tulla Property - 12.43%
    Analytica Vendors - 7.41%
    Adam Smith Asset Mgmt - 5.25%

    Representing 41.89% of shares on issue.

    By my rough estimates, the T20 would be holding close to 75% of the 500m SOI.
 
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Currently unlisted public company.

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