Bannerman Energy Says State Street Acquires 5.04% Stake, Shares Fall Over 3%

MT Newswires Live

2025/12/29

Bannerman Energy (ASX:BMN) said State Street and its subsidiaries acquired around 10.5 million of its securities, representing a 5.04% stake in the firm, according to a Monday Australian bourse filing.

The units included State Street Bank and Trust, SSGA Funds Management, and State Street Global Advisors, Australia.

Its shares fell over 3% in recent trading on Monday.

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