Paradice Investment Management trims stake in Ora Banda Mining

Paradice Investment Management Pty Ltd, an investment manager, has reported a change in its substantial holding in Ora Banda Mining Ltd. The company's voting power decreased from 9.456% to 8.4106%, reflecting a notable reduction in its stake. The last notice was given on April 5, 2023, with the current change occurring on November 28, 2025.

The total number of votes held by Paradice Investment Management Pty Ltd in Ora Banda Mining Ltd is now 161,197,960, down from 152,321,300 in the previous notice. This change is attributed to a series of share sales and purchases between May 2023 and November 2025, with total purchases amounting to $8,233,447.41 and total sales of $24,667,219.84.

The reduction in voting power includes a dilution effect from the issue of additional shares by Ora Banda Mining Ltd. Peter Manley, acting as company director, signed the notification on December 2, 2025.