State Street acquires 5% stake in Sims Limited through subsidiaries

The group held 9,668,706 ordinary shares in the ASX-listed company as of September 17. Several State Street entities across Australia, Singapore, Asia, Europe, the UK, and the US hold interests in Sims Limited.

State Street Bank and Trust Company also holds additional interests through securities lending arrangements involving borrowed, collateral, and lent securities.

The filing lists several State Street entities as having relevant interests in Sims Limited. These include State Street Global Advisors entities in Australia, Singapore, Asia, Europe, the UK, and the US.

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The entities hold these interests through their roles as investment managers or trustees, giving them control over voting rights or the disposal of securities.

About State Street

Founded in 1792, State Street is a global financial services company that provides investment platforms, data, expertise, and financial solutions. With more than 200 years of experience, the company supports institutional investors with a wide range of investment and financial services.

About Sims Metal

Founded in 1917, Sims Metal is a division of Sims Limited and a global metal recycling company. It buys, processes and sells ferrous and non-ferrous metals through operations across the United States, Australasia, and the United Kingdom.

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