Coronation clients boost stake in Aspen Pharmacare

Aspen Pharmacare Holdings Limited (JSE:APN) announced that clients of Coronation Asset Management (Pty) Ltd have acquired a substantial interest in the company's ordinary shares. As of 6 May 2025, Coronation's clients collectively held 10.04% of the total issued ordinary shares. The company noted that the late submission of this notification was due to an administrative oversight.

Further reinforcing their position, the total interest held by Coronation's clients increased to 11.88% of the total issued ordinary shares as of 29 August 2025. Aspen Pharmacare has filed the required notice with the Takeover Regulation Panel in accordance with section 122(3)(a) of the Companies Act.

The board of directors of Aspen Pharmacare confirmed its responsibility for the information provided in the announcement, stating that the information is true and does not omit anything likely to affect its importance. The notification was issued from Durban on 12 September 2025, with Investec Bank Limited serving as the sponsor.