AustralianSuper boosts NEXTDC stake to 8.49%

AustralianSuper Pty Ltd has become a more significant investor in NEXTDC LTD, with its voting power rising from 7.48% to 8.49%. This change reflects an increase in their holdings from 47,957,117 ordinary shares to 54,446,234 ordinary shares. The notice of change was dated November 24, 2025.

The increase in holding is primarily attributed to a series of buy and sell transactions by JPMorgan Nominees Australia Ltd, acting on behalf of AustralianSuper Pty Ltd, between April 7, 2025, and November 24, 2025. Notable purchases include 400,238 shares for AUD10.04 on April 7, 2025, 204,868 shares for AUD14.38 on July 24, 2025, 361,895 shares for AUD14.35 on August 1, 2025, and a substantial 2,715,507 shares for AUD13.51 on November 24, 2025.

Amar Rashid, principal, portfolio compliance fund services, signed the notice on November 26, 2025, confirming the updated substantial holding for AustralianSuper Pty Ltd. The registered holder of securities remains JPMorgan Nominees Australia Ltd.