Samuel Terry Asset Management trims stake in Bisalloy Steel Group

Samuel Terry Asset Management Pty Ltd, acting as trustee for Samuel Terry Absolute Return Fund, has notified a change in its substantial holding in Bisalloy Steel Group Limited. The investment firm's voting power decreased from 8.1% (3,912,026 ordinary shares) to 6.8% (3,268,502 ordinary shares). The change was reported on November 26, 2025, with the previous notice given and dated October 9, 2025.

The reduction in voting power stemmed from a series of on-market sales of ordinary shares executed between November 7, 2025, and November 28, 2025. Over this period, Samuel Terry Asset Management sold a total of 496,069 ordinary shares. Notable transactions included the sale of 91,781 shares for $503,616.28 on November 28, 2025, and 68,680 shares for $387,961.86 on November 27, 2025.

Following these transactions, Samuel Terry Asset Management Pty Ltd holds 2,801,185 ordinary shares. Additionally, Nigel and Yukari Burgess atf Nenkin Super Fund hold 447,317 ordinary shares, and Nigel Burgess holds a direct interest of 20,000 ordinary shares, collectively contributing to the total relevant interests after the change.