Samuel Terry reduces stake in Bisalloy Steel Group

Samuel Terry Asset Management Pty Ltd and its associated entities have ceased to be a substantial holder in Bisalloy Steel Group Limited, reducing their voting power from 11.1% to 8.1%. The change occurred on October 7, 2025. This reduction represents a decrease of 1,387,437 FPO shares, bringing their total votes to 3,912,026.

The changes in relevant interests, primarily through on-market sales of FPO shares, took place between September 9, 2025, and October 8, 2025. Notable sales include a transaction on October 7, 2025, involving 778,179 shares for a consideration of $4,229,153.14, and another on October 8, 2025, for 286,137 shares totaling $1,555,908.44. These transactions were primarily conducted by Samuel Terry.

The total consideration from the sales across these dates amounted to over $7.3 million. Following these changes, Samuel Terry's remaining direct relevant interest stands at 3,444,709 FPO shares. Nigel and Yukari Burgess, via Nenkin Super Fund, maintain a direct interest of 447,317 FPO shares, while Nigel Burgess holds an additional 20,000 FPO shares directly.