FBR Ltd. quotes new shares, substantial holder's stake diluted

FBR Ltd. (ASX:FBR) has applied for the quotation of 134,999,648 fully paid ordinary shares, issued on November 3, 2025. These securities are part of a transaction previously announced to the market in an Appendix 3B filing on October 3, 2025, which indicated a placement or other type of issue. The issue price for these new shares is AUD 0.00390600 per security.

Following this quotation, FBR Ltd.'s total number of quoted ordinary fully paid shares on the ASX will increase to 6,686,972,514. The company also has unquoted securities, including performance rights and options, which remain unchanged.

In a related development, Mark Joseph Pivac ceased to be a substantial holder in FBR Ltd. on November 3, 2025. This change resulted from a dilution due to the issue of the new shares. Pivac's relevant interest in 333,205,167 fully paid ordinary shares was affected.