AFIC directors boost holdings through dividend reinvestment plan

On September 1, 2025, Australian Foundation Investment Company Limited (ASX:AFI) announced that six of its directors increased their security holdings through the Dividend Reinvestment Plan, with the changes effective as of August 28, 2025. Each acquisition was made at a value of A$7.35 per share.

Craig Milton Drummond acquired 1,815 ordinary shares, bringing his total direct holding to 70,226 shares. Robert Mark Freeman increased his total holdings across various accounts, acquiring 211 ordinary shares directly, 226 ordinary shares indirectly through Mr Mark Freeman, 2,428 ordinary shares indirectly via Mr Robert Mark Freeman <Greville Investment A/C>, and 2,438 ordinary shares through Freeman Superannuation Pty Ltd <The Freeman Super Fund A/C>.

David Andrew Peever acquired 988 ordinary shares indirectly through Super Storm Pty Ltd <Peever Super Fund A/C>, raising his total to 38,257 shares. Julie Fahey added 150 ordinary shares indirectly through Honle's Pty Ltd (Honle's Retirement Fund A/C), bringing her total to 5,772 shares. Katie Hudson acquired 212 ordinary shares indirectly via Del Bosco Pty Ltd <HUDSON JACK FAMILY A/C>, resulting in a total of 8,212 shares for that account. Richard Murray increased his holdings across several indirect accounts, acquiring 2 ordinary shares for Thomas O'Brien, and 150 ordinary shares for Honle's Pty Ltd (Honle's Retirement Fund A/C). All transactions were non-cash, being part of the company's dividend reinvestment plan.