ANZ director adjusts holdings, uncovers broker discrepancy

Richard Boyce Massey Gibb, a director of ANZ Group Holdings Limited, has adjusted his indirect interest in the company's securities through Milkstone Holdings Pty Ltd. On November 11, 2025, 1,836 ANZ ordinary shares were acquired on-market at an average price of $38.42 per share. Simultaneously, 340 AN3 Capital Notes 7 were disposed of at an average price of $103.36, and 341 AN3 Capital Notes 8 were disposed of at an average price of $103.85.

Following these transactions, Gibb's indirect interest in ANZ ordinary shares increased to 4,502. However, his indirect holdings in AN3 Capital Notes 7 and AN3 Capital Notes 8 were reduced to zero. The notice also clarified that the 2,666 shares initially reported included an additional 634 ANZ ordinary shares held in a discretionary trading account by his former broker, which Gibb was unaware of.

This discrepancy came to light during a change of brokers when the former broker's administered shares were transferred and reconciled. ANZ has stated that procedures are in place to meet ASX Listing Rule 3.19A obligations, and with the new broker, all holdings can now be monitored by the company.