NAOS Asset Management reduces stake in COG Financial Services

NAOS Asset Management Limited and its associated parties, including NAOS Emerging Opportunities Company Limited (NCC), NAOS Small Cap Opportunities Company Limited (NSC), and NAOS Ex-50 Opportunities Company Limited (NAC), have reported a change in their substantial holding in COG Financial Services Limited. The change occurred on September 1, 2025, with an on-market transaction.

The NAOS Substantial Holders' voting power in COG Financial Services Limited decreased from 10.16% (representing 20,501,798 votes) to 9.09% (representing 18,351,798 votes). This reduction of 2,150,000 ordinary shares involved a consideration of $3,511,875.

Prior to this change, the NAOS Substantial Holders collectively held various relevant interests through JP Morgan Nominees Australia Limited. Post-change, their holdings include 4,809,877 ordinary shares for NAOS, NCC (2.38% voting power), 8,679,695 ordinary shares for NAOS, NSC (4.30% voting power), and 4,862,226 ordinary shares for NAOS, NAC (2.41% voting power).