Pinnacle becomes substantial shareholder in Bapcor with 5.03% stake

Pinnacle Investment Management Group Limited, alongside its subsidiaries, became a substantial holder in Bapcor Ltd on September 8, 2025. The group now holds 17,066,737 ordinary fully paid shares, representing 5.03% of Bapcor's voting power. This relevant interest is held through various entities, including Pinnacle Investment Management Limited and Pinnacle Fund Services Limited, which in turn hold interests via affiliated investment managers.

The registered holders of these securities include Citicorp Nominees Pty Ltd (1,048,226 shares), National Nominees Ltd (5,067,251 shares), and State Street - AUS (10,951,260 shares). The total consideration paid for these acquisitions over the four months prior to the notification date involved multiple transactions, with significant purchases on September 8, 2025, totaling A$2,483,371.89 for 707,922 shares.

Other notable acquisitions include A$1,390,658.76 for 398,577 shares on September 3, 2025, and A$1,101,044.24 for 289,585 shares on August 1, 2025.