Perpetual ceases to be substantial holder in Stanmore Resources

Perpetual Limited and its related bodies corporate ceased to be a substantial holder in Stanmore Resources Limited (SMR) on September 5, 2025. This follows a previous notice given to the company on August 28, 2025.

The cessation involved numerous sale transactions between August 27, 2025, and September 5, 2025, through Perpetual Investment Management Limited (PIML). These sales were executed across various custodians including Citicorp Nominees Pty Ltd, HSBC Custody Nominees (Australia) Limited, JPMorgan Nominees Australia Limited, National Nominees Pty Ltd, and UBS Nominees Pty Ltd. The transactions collectively impacted millions of ordinary securities.

The aggregate consideration from these sales was substantial, reflecting a divestment of Perpetual's stake. For instance, a single transaction on September 5, 2025, through JPMorgan Nominees Australia Limited, involved a consideration of $2,910,729.74 affecting 1,626,106 securities.