Wilson asset management boosts stake in Salter Brothers Emerging Companies

Wilson Asset Management Group, through its various entities including WAM Strategic Value Limited, has become a more prominent substantial holder in Salter Brothers Emerging Companies Limited. The change in interests occurred on August 22, 2025, following previous notices on May 14, 2025. This move elevates Wilson Asset Management's total voting power from 12.73% to 14.29%.

The increase in holding translates to a rise in total votes from 10,851,433 to 12,141,937 ordinary shares. WAM Strategic Value Limited was the primary entity executing on-market purchases, acquiring additional ordinary shares on multiple dates between August 19, 2025, and August 25, 2025. These purchases collectively amounted to a consideration of $907,837.03 and added 1,290,504 ordinary shares to their holdings.

WAM Strategic Value Limited is identified as the holder of the relevant interest, with Citigroup Pty Limited as the registered holder of the securities. Kim Heng, chief operating officer, signed off on the notice for Wilson Asset Management Group on August 26, 2025.