Perpetual boosts stake in Iluka Resources, crossing key ownership threshold

Perpetual Limited and its related bodies corporate have become a more significant shareholder in Iluka Resources Limited (ILU), with their voting power increasing from 6.256% to 7.366%. This change occurred on September 4, 2025, following a previous notice given on August 15, 2025. The total number of votes attached to their holdings rose from 26,881,800 to 31,649,069.

The increase in Perpetual's relevant interest involved numerous purchase transactions across various entities, including Perpetual Investment Management Limited (PIML) and Pendal Institutional Limited (PIL). These transactions involved custodians such as HSBC Custody Nominees (Australia) Limited, Citibank, N.A., and JPMorgan Nominees Australia Limited.

The purchases contributed to a substantial increase in Perpetual's overall voting power, solidifying its position as a significant investor in Iluka Resources. The changes highlight ongoing activity and confidence in Iluka Resources by Perpetual Limited.