Pinnacle Investment Management ceases to be substantial holder in Michael Hill

Pinnacle Investment Management Group Limited and its subsidiaries have ceased to be a substantial holder in Michael Hill International, according to a formal notice released on June 27, 2025. The event occurred on June 24, 2025. The previous notice indicating Pinnacle's substantial holding was issued on July 1, 2024, and dated June 26, 2024. The change involves the disposal of 4,732,729 ordinary fully paid shares. The consideration received for the disposal was -AUD 1,862,437.71. This change affects the voting power held by Pinnacle Group Entities and Pinnacle Fund Services Limited (PFSL). Calvin Kwok, Company Secretary, signed the notice.