News

Transfield Holdings Sells its Shareholding in Transfield Services

Transfield Holdings today sold all of its 11.3% holding in Transfield Services (ASX: TSE). At the same time, 0.4% of TSE which was owned by the Belgiorno-Nettis family and associated holdings was also sold. These sales were transacted by way of an underwritten sale to a range of institutional investors.

This decision was taken following a strategic review of Transfield Holdings’ current investment portfolio and is in line with objectives to increase diversification and liquidity.

Transfield Holdings has been a shareholder of TSE since listing on the ASX in 2001 and remains very supportive of the company and its future prospects. Transfield Holdings wishes Chairman Diane Smith-Gander, CEO Graeme Hunt and the rest of the Board and Management team at TSE every success with the business going forward.

Media Enquiries:
Stephen Bradley
+61 403 493 027

Transfield Holdings Corporate Affairs is the contact point for all press and media enquiries.
All enquiries should be directed to:

Stephen Bradley
Manager, Corporate Affairs and Art
Tel: +61 403 493 027
Email: This email address is being protected from spambots. You need JavaScript enabled to view it.

Contact

Transfield Pty Ltd
ABN 80 000 305 813

PO Box R1795 
Royal Exchange NSW 1225

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