Soul Patts exits substantial stake in Bailador Technology Investments

Washington H. Soul Pattinson and Company Limited (Soul Patts) and its subsidiaries ceased to be a substantial holder in Bailador Technology Investments Limited as of December 4, 2025. This follows a series of sales transactions that reduced their voting power to 4.79%.

Between October 31, 2025, and December 8, 2025, Soul Patts executed multiple sales of Bailador Technology Investments shares. These transactions involved selling a total of 1,814,246 ordinary fully paid shares. The sales occurred at various prices, ranging from A$1.1678 to A$1.2400 per share, resulting in total proceeds from these specific sales exceeding A$2.1 million.

Prior to these disposals, Soul Patts held 8,989,246 shares as at the last substantial notice on October 29, 2025. Following the sales, their total holding was reduced to 7,175,000 ordinary fully paid shares, representing 4.79% of the 149,842,529 ordinary shares on issue. Pamela Longstaff, company secretary, signed the notice on December 8, 2025.