Perpetual Limited reduces stake in Stanmore Resources

Perpetual Limited and its related bodies corporate have notified a change in their substantial holding in Stanmore Resources Limited. The change occurred on August 26, 2025.

Perpetual Limited’s total voting power in Stanmore Resources Limited has decreased from 7.11% (representing 64,096,492 votes) to 5.81% (representing 52,399,908 votes). This reduction of over 11.6 million votes indicates a notable divestment.

The transactions involved a series of sales across various dates in May, June, July, and August 2025 by entities including Citicorp Nominees Pty Ltd, HSBC Custody Nominees (Australia) Limited, JPMorgan Nominees Australia Limited, National Nominees Pty Ltd, State Street Bank and Trust, and UBS Nominees Pty Ltd. The sales amounted to significant cash considerations, reflecting a strategic reduction in Perpetual Limited’s investment.