AustralianSuper pares stake in Cedar Woods Properties

AustralianSuper Pty Ltd has announced a change in its substantial holding in Cedar Woods Properties Limited. The superannuation fund's voting power decreased from 11.41% to 10.27%. This change in interests occurred on August 26, 2025.

The reduction in voting power primarily stems from a series of "SELL" transactions executed by JPMorgan Nominees Australia Ltd on behalf of AustralianSuper. Notable sales include a transaction on July 30, 2025, involving 178,397 ordinary shares, and another on August 21, 2025, for 303,803 ordinary shares. Many of these sales were carried out at prices ranging from AUD 7.23 to AUD 7.73 per share in late July and August 2025.

As of the present notice, AustralianSuper Pty Ltd's relevant interest is held through JPMorgan Nominees Australia Ltd, with 8,470,511 ordinary shares. Amar Rashid, senior manager of portfolio compliance & fund services, signed the notice on August 28, 2025.