LIC director acquires additional shares in compulsory process

Benjamin John Dickie, a director at Livestock Improvement Corporation (LIC), disclosed the acquisition of 800 ordinary shares in LIC, bringing his total holding to 72,516 ordinary shares. This transaction occurred on October 22, 2025, as part of LIC's compulsory acquisition process, as stated in the disclosure notice dated November 12, 2025. The shares were acquired at a price of $0.97 per ordinary share.

The acquisition was carried out by Kokako Road Ltd, the registered holder, and was exempt from the usual written clearance requirement for closed periods. This exemption is granted under the Financial Markets Conduct (Insider Trading – Livestock Improvement Corporation Limited) Exemption Notice 2021, which allows LIC, on behalf of relevant persons, to acquire shares under its constitutional compulsory acquisition powers to meet shareholding requirements.

Prior to this transaction, Dickie held 71,716 ordinary shares. The nature of his relevant interest grants him the power to exercise or control the voting rights associated with these shares. No nil paid ordinary shares were held before or after the acquisition.