Perpetual lowers stake in Myer Holdings

Perpetual Limited and its related bodies corporate have reported a change in their substantial holding in Myer Holdings Limited. As of November 21, 2025, their voting power decreased from 10.11% to 8.95%, reflecting a total of 154,895,735 votes, down from 175,003,325 votes.

The reduction in stake primarily involved numerous sales of ordinary securities by Perpetual Investment Management Limited (PIML), acting through various custodians such as HSBC Custody Nominees (Australia) Limited, Citicorp Nominees Pty Ltd, and JPMorgan Nominees Australia Limited. Significant sales occurred on October 29, 2025, including a transaction of 3,959,493 ordinary shares for AUD -1,595,675.68 and another of 1,794,769 shares for AUD -723,291.91. A substantial sale on October 31, 2025, saw 4,700,000 ordinary shares sold for AUD -1,927,000.00.

Despite the overall reduction, there were minor purchases, such as 54,157 ordinary shares on November 7, 2025, for AUD 21,527.41 and 17,017 ordinary shares on November 12, 2025, for AUD 6,891.89, both by PIML through National Nominees Pty Ltd and Citicorp Nominees Pty Ltd, respectively. The largest single sale on November 21, 2025, involved 2,913,835 shares for AUD -1,187,387.76.