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Lifestyle Communities Says JPMorgan Chase Ceases to be Substantial Shareholder

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Lifestyle Communities (ASX:LIC) received notice that JPMorgan Chase and its affiliates are no longer substantial holders of the company from May 27, according to a Monday filing with the Australian bourse.

JPMorgan Chase and its affiliates became a substantial holder of the company on May 22, with a total voting power of 5.16%, an earlier filing showed.

The company's shares fell 1% in recent Monday trade.

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