REA Group director's share holdings restructured after administrative oversight

REA Group Ltd has filed an Appendix 3Y notice, reporting a change in director Owen Wilson's interests. The notice, dated September 10, 2025, indicates a restructure of Mr. Wilson's share holdings from direct to indirect, an off-market transfer that did not alter his economic exposure to the company. The lodgement was made five business days after REA Group became aware of the need to file, attributing the delay to an administrative oversight.

The change on August 29, 2025, involved the off-market transfer of 17,837 ordinary shares. Prior to the change, Mr. Wilson held 17,837 ordinary shares directly. Following the transfer, these shares moved to an indirect holding through the Owen & Liesl Wilson ATF Blue Chip Investment Trust, of which Mr. Wilson is a beneficiary. The value of the transferred shares was stated as $4,298,717.

After the restructure, Mr. Wilson's direct holdings no longer include ordinary shares but still comprise various performance and restricted share rights totaling 35,509 units with vesting periods extending to FY27. His indirect interest now totals 25,961 ordinary shares. REA Group confirmed that this was an isolated incident and that robust processes are in place to ensure timely disclosures for all directors moving forward.