NEA 0.24% $2.08 nearmap ltd

NEA chart, page-520

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    It's common for high net worth individuals to make use of a custodial service. The reasons are many & varied. In this case it could be directly related to the fact some of his NEA shares are held in a trust. It would be common for the trust to require a custodian to hold the shares. Alternatively some of the shares are held in his superannuation fund & the custodian could be administering the fund.

    The notification reveals custody was shifted from Bond Street owned by Macquarie to Netwealth Investments.
 
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Currently unlisted public company.

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