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.
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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