Australian Ethical boosts stake in Eroad

Australian Ethical Investment Limited, acting on behalf of State Street Australia Ltd ACF Australian Ethical Investment, has reported a notable increase in its substantial holding in Eroad Limited. The disclosure, dated November 3, 2025, indicates its percentage held rose from 12.90% as of August 21, 2025, to 15.02% as of the relevant event date, October 30, 2025. This represents a movement of 2.12%.

The total number of Eroad ordinary shares held by Australian Ethical Investment Limited for this disclosure is 28,177,888, compared to 24,189,498 at the time of the last disclosure. The total shares in class also saw a slight increase from 187,469,855 to 187,587,526.

This change resulted from multiple on-market transactions, including both sales and purchases. Notable transactions include a significant purchase of 1,616,738 shares for $2,752,989.55 and 1,100,000 shares for $1,873,085.50, both on October 30, 2025. Other transactions included sales on August 19, 2025, for $5,365,940.00 (5,000,000 shares) and a corresponding purchase for $4,970,255.00 (5,000,000 shares).