Ann: Ceasing to be a substantial holder by DB Gro, page-13

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  1. 2,224 Posts.
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    re: Ann: Ceasing to be a substantial holder b...
    Did anyone notice the point 3 of the ann

    3. Changes in association

    On 6 August 2010, Deutsche New Zealand Limited, a wholly owned subsidiary of Deutsche Bank, acouired a 49.9% interest in Craigs Investment Partners Limited in New Zealand.

    I believe the reason for mentioning this in SDL ann is DB will indirectly have SDL shares via Craigs, yeah!!

    I personally think changing substantial ownership by BUY'ing / SELL'ing could be due to AUD conversion rate + transferring shares between their business for financial benefit.
 
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