BlackRock – via BlackRock Inc and some subsidiaries – now holds 38.4 million ordinary shares in Aristocrat, representing 6.01 % of the gaming technology firm’s votable stock.
In December 2015, it was announced BlackRock had become a substantial shareholder in Aristocrat, with a stake of 5.01 %.
Aristocrat has a market capitalisation of approximately US$ 8.61 billion, according to Bloomberg data. BlackRock Group had assets worth US$ 5.1 trillion under its management as of end-2016, according to its corporate website.
Earlier this month, S&P Dow Jones Indices announced the inclusion of Aristocrat in its index of the 50 most valuable companies listed on the Australian Securities Exchange. The inclusion of the firm became effective on March 20.
Aristocrat has had a new chief executive with effect from March 1, when Trevor Croker succeeded Jamie Odell.
