Magellan Financial Group boosts stake in Amotiv Limited

Magellan Financial Group Ltd, through entities including Magellan Asset Management Limited, has become a more prominent substantial holder in Amotiv Limited. The group's voting power in Amotiv Limited has risen from 5.45% to 6.50%. This change represents an increase of 1,117,527 votes, with the total votes held now at 8,804,617 Ordinary Fully Paid Shares.

The change in relevant interests occurred on September 9, 2025, and follows a series of transactions, including "Buy" and "In-specie transfer" events between July 2024 and September 2025. The total consideration for acquisitions in this period amounted to AUD 11,575,649.19 for 1,290,651 securities, while sales totaled AUD 1,551,261.19 for 173,124 securities.

Magellan's present relevant interests are held primarily through JP Morgan (8,772,894 securities) and Northern Trust (31,723 securities), all in the form of Ordinary Fully Paid Shares. The previous notice of change in interests was given on July 18, 2024.