AustralianSuper boosts stake in Bluescope Steel to 12.50%

AustralianSuper Pty Ltd has become a more significant holder in Bluescope Steel Limited, increasing its voting power from 11.44% to 12.50%. This change, effective November 5, 2025, reflects an acquisition of 4,623,407 additional ordinary shares, bringing AustralianSuper's total votes to 54,810,663.

The bulk of the acquisitions occurred through numerous "BUY" transactions between September 25, 2025, and November 5, 2025. JPMorgan Nominees Australia Ltd acted as the registered holder for these transactions, with AustralianSuper Pty Ltd listed as the holder of the relevant interest.

Notable purchases include 636,000 ordinary shares on September 25, 2025, at AUD22.45, 435,972 shares on October 13, 2025, at AUD20.61, and 346,870 shares on November 3, 2025, at AUD22.75. The latest major transactions on November 5, 2025, involved buying 274,399 shares at AUD21.35 and 44,268 shares at AUD21.58.