Perpetual slashes stake in Select Harvests

Perpetual Limited has notified a change in its substantial holding in Select Harvests Limited. As of November 20, 2025, Perpetual’s present voting power in Select Harvests is 8.516%, a decrease from the previous notice's 13.092% reported on April 24, 2025. This change means Perpetual now holds 12,102,379 ordinary votes, down from 18,604,249 votes previously.

The adjustments in Perpetual Limited's interest primarily occurred through numerous sale transactions of ordinary shares on various dates in 2025, from April to November. These sales involved several custodians, including HSBC Custody Nominees (Australia) Limited, JPMorgan Nominees Australia Limited, Citicorp Nominees Pty Ltd, National Nominees Pty Ltd, and UBS Nominees Pty Ltd.

Notable transactions include large sales such as -2,256,215 ordinary shares for AUD 8,336,714.43 on November 20, 2025, and -662,087 ordinary shares for AUD 2,446,411.47 on the same day. While most transactions were sales, some smaller purchase transactions were also recorded, indicating a strategic rebalancing of their investment portfolio.