Challenger boosts stake in Beacon Lighting Group

Challenger Limited, along with its associated entities, has announced a substantial increase in its relevant interest in Beacon Lighting Group Limited (BLX). The financial services group's voting power in BLX has risen from 7.76% to 9.04%, as detailed in a notice dated November 6, 2025. This change reflects an accumulation of 3,128,552 additional securities since the previous notice on June 19, 2024.

The acquisition of these securities involved various on-market and off-market transactions, including purchases, sales, and dividend reinvestment plan participation. Notable transactions include multiple "buy" actions in September and November 2025, contributing to the increased holding. For example, on November 4, 2025, Challenger entities bought 980,946, 757,851, 335,247, and 203,907 securities.

The present relevant interests are held through Citicorp Nominees Pty Limited, J.P. Morgan Nominees Australia Pty Limited, and HSBC Custody Nominees (Australia) Limited, with Challenger Limited and its associated entities being the ultimate holders. These changes solidify Challenger's position as a significant shareholder in Beacon Lighting Group Limited.