11th May 2009, 12:26 PM
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Senior Member
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Join Date: Mar 2008
Posts: 1,394
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Foreign ownership of Qantas rise to at least 47.2%
For anyone insterested.
Quote:
Foreign ownership of Qantas rise to at least 47.2%
From: The Business Spectator (more at: www.businessspectator.com.au) Posted May 8, 2009
Qantas says foreign investors have increased their stake in the airline to 47.2 per cent through recent share purchases. "Based on the
most recent reconciliation which commenced on 21 April 2009 and just completed by the Qantas Share Registry, Link Market Services,
Qantas advises the market that due to recent purchases, foreign persons had a potential relevant interest in 47.2 per cent of Qantas
shares," the airline said in a statement to the ASX. Under Qantas' constitution, the maximum aggregate level foreign investors are allowed
to hold is 49 per cent. The 47.2 per cent stake has increased by 5.9 per cent since March 5, 2009, when it stood at 41.3 per cent.
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