Wilson Asset Management becomes substantial holder in Stealth Group

Wilson Asset Management Group, encompassing entities including WAM Microcap Limited and WAM Capital Limited, has become a substantial holder in Stealth Group Holdings Limited (ASX: SGI) as of December 2, 2025. The group's total voting power in Stealth Group now stands at 9.71%, representing 14,527,210 ordinary shares.

WAM Microcap Limited holds a significant portion of this interest, with 6,000,000 ordinary shares. Other notable holdings include WAM Capital Limited with 3,591,580 ordinary shares and WAM Active Limited with 2,343,665 ordinary shares. The total consideration paid for these relevant interests, acquired within the four months prior to the announcement, involved significant cash outlays.

Key acquisitions on December 2, 2025, included AUD 1,597,990 for 1,597,990 ordinary shares by WAM Active Limited, AUD 1,992,764.61 for 1,884,983 ordinary shares by WAM Capital Limited, and AUD 4,793,970 for 4,793,970 ordinary shares by WAM Microcap Limited. The largest single acquisition by WAM Microcap Limited occurred on December 2, 2025, underscoring the group's strategic investment.