Pinnacle Investment Management exits as substantial holder in Nine Entertainment

Pinnacle Investment Management Group Limited and its subsidiaries, including Pinnacle Fund Services Limited, ceased to be a substantial holder in Nine Entertainment Co Holdings Limited as of September 12, 2025. The previous notice of substantial holding was given on June 10, 2025.

Between June 5, 2025, and September 12, 2025, Pinnacle Group Entities and PFSL engaged in numerous acquisition and disposal transactions involving ordinary fully paid securities. Notable acquisitions include 2,140,490 securities for $3,581,927.17 on July 25, 2025, and 300,000 securities for $515,190.00 on September 2, 2025. Significant disposals included 2,685,159 securities for -$2,966,064.74 on September 11, 2025, and 1,914,038 securities for -$2,140,890.49 on September 12, 2025.

Calvin Kwok, company secretary, signed the notice on September 17, 2025. The announcement includes detailed annexures listing the affiliated investment managers with over 20% voting power within Pinnacle. There were no changes in association reported since the last substantial holding notice.