Perpetual reduces stakes in Myer Holdings, Nick Scali

Perpetual Limited and its related bodies corporate have reported a notable reduction in their substantial holdings in Myer Holdings Limited and Nick Scali Ltd. In Myer Holdings, their voting power decreased from 11.604% on September 25, 2025, to 10.11% by October 27, 2025. This reduction was primarily driven by multiple sale transactions involving various custodians.

Similarly, Perpetual Limited's voting power in Nick Scali Ltd fell from 7.448% on July 29, 2025, to 6.425% as of October 27, 2025. The changes in Nick Scali holdings also involved numerous sale transactions across Perpetual Investment Management Limited (PIML), Pendal Institutional Limited (PIL), Pendal Fund Services Limited (PFSL), and Perpetual Trustee Company Limited (PTCO).

The transactions in Myer Holdings included significant sales such as -AUD 652,246.91 and -AUD 2,159,225.78 on October 14, 2025. For Nick Scali, notable transactions involved sales like -AUD 1,389,934.62 on August 4, 2025, and -AUD 1,107,710.13 on August 29, 2025, reflecting a broad divestment strategy.