FilingReader Intelligence

Pitt and Gallagher boost stake in 360 Capital Group to nearly 70%

October 15, 2025 at 10:11 AM UTCBy FilingReader AI

Tony Pitt and Teresa Gallagher, through their associated entities, have increased their substantial holding in 360 Capital Group. As of October 15, 2025, their collective voting power rose from 67.17% to 69.39%, based on 196,870,874 total securities. This represents an increase from 132,242,411 to 136,613,359 votes.

The change in their relevant interest primarily occurred through on-market trades and the acceptance of a takeover bid. On October 14, 2025, TT Investments Pty Limited acquired 488,983 ordinary units via an on-market trade at AUD 0.3100 per unit. Further, on October 15, 2025, an additional 202,204 ordinary units were acquired through an on-market trade at the same price.

The most significant portion of the increased holding resulted from the acquisition of relevant interests pursuant to acceptances of offers from a takeover bid initiated by TT Investments Pty Limited. This includes 115,754 units on October 13, 2025, and a substantial 3,564,007 units on October 14, 2025, acquired under the terms of the Bidder’s Statement dated September 15, 2025.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

ASX:TGPAustralian Securities Exchange

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