Scorpio Nominees cuts stake in Peet Limited, exits 20%+ holding

Scorpio Nominees Pty Ltd and its associates have reported a significant reduction in their substantial holding in Peet Limited. As of October 9, 2025, their voting power decreased from 20.50% to 14.84%, representing a change from 99,156,523 to 69,496,523 fully paid ordinary shares.

The most substantial transaction contributing to this change was a share sale on October 9, 2025, where Scorpio Nominees Pty Ltd ATF the Gwenton Trust sold 30,000,000 ordinary shares for A$56,250,000. Other recent sales included Gwenyth Lennon selling 20,000 ordinary shares for A$27,200.00 and 10,000 ordinary shares for A$13,600.00 on November 14, 2024.

The notice, dated October 10, 2025, indicates a material shift in the ownership structure of Peet Limited, with the Scorpio Nominees group no longer holding a 20%+ stake. Anthony Wayne Lennon, director of Scorpio Nominees Pty Ltd, signed the updated notice.