FilingReader Intelligence

Jarden acquires substantial Qualitas stake as lead manager

October 24, 2025 at 10:11 AM UTCBy FilingReader AI

Jarden Australia Pty Limited (Jarden) has become a substantial holder in Qualitas Limited, acquiring a relevant interest in approximately 9.99% of its ordinary shares. This stake, amounting to 30,000,000 ordinary shares, resulted from a block trade agreement entered into on October 22, 2025. The transaction was facilitated by Jarden, acting as lead manager, through the underwriting and sale of these shares at a price of A$3.62 per sale security.

The agreement specifies that Jarden will manage the sale of the securities and underwrite any unsold shares, purchasing them at the agreed sale price. Settlement for these shares is scheduled for Monday, October 27, 2025. The notice confirms Jarden Group Limited and its related bodies corporate as associates in this holding.

Jarden's role as lead manager involved procuring purchasers for the sale securities, which could include its own related bodies corporate and affiliates. This strategic move highlights Jarden's increasing involvement in the Australian market, impacting Qualitas Limited's shareholder structure.

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

ASX:QALAustralian Securities Exchange

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