Yarra Capital Management becomes substantial Nine Entertainment shareholder

Yarra Capital Management Limited (YCML) and its associated entities, including Yarra Funds Management Limited (YFM) and Tyndall Equities Australia Limited (TEAL), became a substantial holder in Nine Entertainment Co. Holdings Limited on October 16, 2025. The collective group now holds a relevant interest in 86,041,174 ordinary fully paid shares, representing a voting power of 5.43% in the media company.

The relevant interest is held through various controlled entities, with YCML exercising control over several related bodies corporate, including YFM, YCMH, FINCO, and TOPCO. YFM alone holds a relevant interest in 79,770,514 shares, while TEAL holds a direct relevant interest in 6,270,660 shares as an investment manager.

The acquisition of these relevant interests occurred between June 16, 2025, and October 16, 2025, with a total cash consideration of $64,508,426 for 42,482,812 shares. Registered holders of these securities include Citigroup Pty Limited and various other institutions such as JP Morgan Nominees Australia Ltd and State Street Australia Limited.