AustralianSuper boosts stake in Pilbara Minerals to 13.16%

AustralianSuper Pty Ltd increased its substantial holding in Pilbara Minerals Limited, with its voting power rising from 11.54% to 13.16%. The change in interests occurred on August 26, 2025, with the previous notice given on June 18, 2025. This increase translates to a present holding of 423,621,499 ordinary shares, up from 371,552,103 shares.

The substantial holder executed numerous buy and sell transactions of ordinary shares on the ASX between June 12, 2025, and August 26, 2025. A significant acquisition of 21,289,164 ordinary shares was made on August 26, 2025, at A$2.15 per share.

Concurrently, Pilbara Minerals Limited issued a cleansing notice on August 28, 2025, confirming the issue of 456,696 fully paid ordinary shares on August 26, 2025. These securities were issued without disclosure under Part 6D.2 of the Corporations Act 2001 (Cth). The company stated it has complied with Chapter 2M and sections 674 and 674A of the Act.