Soul Pattinson shareholders approve buy-back to eliminate cross shareholding

Washington H. Soul Pattinson and Company Limited (ASX:SOL) shareholders have approved a selective buy-back of 53,829,015 shares from WHSP Holdings Ltd to eliminate the cross shareholding between Soul Patts and Pre-merger Soul Patts. The approval, granted via a special resolution at a general meeting held on September 24, 2025, follows the registration of the Combination Booklet on August 4, 2025.

The buy-back, which involves nil consideration, will result in the immediate cancellation of the 53,829,015 shares, reducing the total number of ordinary fully paid securities on issue from 433,748,697 to 379,919,682. This action is part of the implementation of the Combination, which created the cross shareholding.

The company, an Australian public investment house, listed on the ASX on September 15, 2025, following the merger of Brickworks Limited and Pre-merger Soul Patts. The buy-back is anticipated to occur on September 24, 2025.