Allan Gray Australia reduces holding in Sims Limited

Allan Gray Australia Pty Ltd and its related bodies corporate have reported a change in their substantial holding in Sims Limited. The group's voting power in Sims Limited decreased from 13.32% (25,744,865 votes) to 12.31% (23,784,862 votes) as of December 1, 2025. This change occurred since their previous notification on September 5, 2025.

During this period, the group engaged in both buying and selling activities. They acquired 3,755 ordinary shares for AUD 50,079 and sold 1,963,758 ordinary shares for AUD 30,922,137. These transactions were executed on-market, via in-specie under a dividend reinvestment plan, or pursuant to a capital raising.

Post-change, the group's present relevant interests are held across various entities. Citibank N.A., Sydney Branch holds the largest portion with 12,527,878 shares, followed by JP Morgan Chase Bank with 6,259,019 shares, Northern Trust Corporation with 2,637,636 shares, BNP Paribas Fund Services Australasia Pty Ltd with 1,310,219 shares, and State Street Australia Ltd with 1,050,110 shares.