Australian Ethical Investment Increases Stake in Eroad Limited

Tip Ranks
2025.11.03 02:19
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Australian Ethical Investment Limited has increased its stake in Eroad Limited from 12.90% to 15.02% through multiple on-market transactions. This change in substantial holding may affect Eroad Limited's market dynamics and strategic decisions.

An announcement from EROAD ( (ERDLF) ) is now available.

Australian Ethical Investment Limited has disclosed a change in its substantial holding in Eroad Limited, a company involved in providing technology solutions for fleet management and road user charging. The disclosure indicates a significant increase in the percentage of shares held by Australian Ethical Investment, rising from 12.90% to 15.02% due to multiple on-market transactions. This change in shareholding could impact Eroad Limited’s market dynamics and influence the company’s strategic decisions.

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