"We are pleased that the Global X holding has been placed with high quality institutional investors"
Ltd () said in a stock market statement tha Global X, formerly a major shareholder, had ‘completed the rebalancing’ of its stake in the company.
Berkeley confirmed that a "ceasing to be a substantial shareholder notice" had been filed with the Australian Securities Exchange (ASX).
The shareholder sold 17mln Berkeley shares via a private placement, the company said.
"We are pleased that the Global X holding has been placed with high quality institutional investors following their renewed interest in the uranium sector," said Paul Atherley, Berkeley chief executive.
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