AFIC directors boost holdings through dividend reinvestment plan

Australian Foundation Investment Company Limited (AFIC) announced that five of its directors increased their security holdings via the Dividend Reinvestment Plan (DRP), with shares valued at A$7.35 per share, effective 28 August 2025. Company secretary Matthew Rowe lodged six Appendix 3Y notices on 1 September 2025 detailing these changes.

Craig Milton Drummond acquired 1,815 ordinary shares, increasing his total direct holdings from 68,411 to 70,226 shares. Robert Mark Freeman acquired a total of 5,203 ordinary shares across his direct and indirect interests, including shares held by Mr Robert Mark Freeman, Mr Mark Freeman, Mr Robert Mark Freeman <Greville Investment A/C>, and Freeman Superannuation Pty Ltd <The Freeman Super Fund A/C>. 1,255 of these DRP shares are subject to a four-year holding term to satisfy employment commitments.

David Andrew Peever's indirect holding through Super Storm Pty Ltd <Peever Super Fund A/C> increased by 988 ordinary shares to 38,257. Julie Fahey's indirect interest through Honle's Pty Ltd (Honle's Retirement Fund A/C) saw an acquisition of 150 ordinary shares, bringing her total to 5,772. Katie Hudson, through Del Bosco Pty Ltd <HUDSON JACK FAMILY A/C>, added 212 ordinary shares, resulting in a new total of 8,212 shares. Mr Richard Murray also increased his holdings. No directors disposed of any shares in these transactions.