Hub24 reduces substantial holding in Staude Capital Global Value Fund

Hub24 Limited has reported a change in its substantial holding in Staude Capital Global Value Fund Limited (GVF), with the previous notice given on May 16, 2023. The change in interests for the substantial holder occurred on September 15, 2025, with Hub24 becoming aware of this on September 17, 2025.

The total voting power held by Hub24 in GVF decreased from 7.49% to 6.48%. This represents a reduction in "Person's votes" from 13,090,150 ordinary shares to 13,056,761 ordinary shares. The change is primarily attributed to a decrease in Hub24's relevant interest in GVF shares.

The transactions detailing this change include various buy and sell activities conducted between June 2, 2025, and September 12, 2025. For example, significant sell transactions include 81,193 shares at $1.37 on June 2, 2025, and 246,522 shares at $1.42 on August 25, 2025. Noteworthy buy transactions include 455,219 shares at $1.34 on July 21, 2025, and 28,130 shares at $1.42 on August 14, 2025.