Magellan director Andrew Formica boosts holdings in two active ETFs

Andrew Formica, a director of Magellan Financial Group Ltd, increased his indirect holdings in two investment funds through on-market purchases and applications. The change, dated September 30, 2025, involved the acquisition of 97,513.040 units in the Airlie Australian Share Fund - Active ETF (ASX: AASF) and 36,333.678 units in the Airlie Small Companies Fund.

The units in the Airlie Australian Share Fund were acquired at a price of A$3.969 per unit, while the Airlie Small Companies Fund units were acquired at A$4.734 per unit. These acquisitions were made under the AJF Family Trust, of which Mr. Formica is a beneficiary.

Following these transactions, Formica's total holdings include 51,780 Ordinary Fully Paid Shares in Magellan Financial Group Ltd (ASX: MFG), 168,539 units in Magellan Global Opportunities Fund - Active ETF (ASX: OPPT), 97,513.040 units in Airlie Australian Share Fund - Active ETF (ASX: AASF), and 36,333.678 units in Airlie Small Companies Fund, along with 1,030 Matching Awards.