L1 Capital ceases to be substantial holder in Worley

L1 Capital Pty Ltd and L1 Capital Strategic Equity Management Pty Ltd have filed a Form 605, announcing they are no longer substantial holders in Worley Limited. The previous substantial holding notice was issued on June 10, 2025.

The change in relevant interests involved numerous on-market transactions between June 11, 2025, and September 9, 2025. Notable sales by L1 Strategic Equity Management Pty Ltd included 186,000 FPO shares for AUD 2,505,595.86 on June 13, 2025, 103,552 FPO shares for AUD 1,351,353.60 on June 26, 2025, and 103,614 FPO shares for AUD 1,355,271.12 on June 27, 2025.

L1 Capital Pty Ltd executed an on-market purchase of 55,907 FPO shares for AUD 747,320.05 on July 31, 2025, and an on-market sale of 1,732,514 FPO shares for AUD 24,748,474.92 on September 9, 2025, marking their final reported transaction.