• Major shareholder D2A Holdings HK Ltd sells entire 19.62% stake
• Shares acquired by an unlisted company controlled by Ms Fiona Brown
• Sale price of 87 cents per share

Shriro Holdings Limited (ASX:SHM) has announced that its major shareholder D2A Holdings HK Ltd (D2A) has sold its entire shareholding in Shriro, which was approximately 19.62% of the company's shares. The shares have been acquired by an unlisted company controlled by Ms Fiona Brown (the Purchaser). Shriro has confirmed that D2A has sold its stake for a price of 87 cents per share. Further details of the sale are expected to be contained in the respective substantial holder notices that D2A and the Purchaser are required to publish within 2 business days. Shriro is a leading consumer products marketing and distribution group operating in Australia, New Zealand, USA, China and exporting globally. The company markets and distributes an extensive range of Company-owned brands as well as third party owned brands across various product categories.