FirstCape Group no longer substantial shareholder in Channel Infrastructure

FirstCape Group Limited reported on December 17, 2025, that it has ceased to be a substantial product holder in Channel Infrastructure NZ Limited (CHI). The disclosure indicates that FirstCape Group Limited's holding of ordinary shares in CHI dropped from 5.000% to 4.989%. This change occurred on December 16, 2025, after a series of on-market trades executed between December 15 and December 16, 2025.

The transactions involved the sale of 56,626 shares with a gross consideration of $152,765.62. Concurrently, there were on-market purchases of 7,407 shares, totaling $19,924.83. This activity resulted in FirstCape Group Limited's total number of shares held in Channel Infrastructure NZ Limited decreasing from 20,611,967 to 20,562,748.

The disclosure was made by Madeleine Pumphrey on behalf of FirstCape Group Limited, based in Wellington.