Perpetual adjusts holdings in LGI and Navigator Global Investments

Perpetual Limited and its related bodies corporate have reported changes in their substantial holdings in LGI Limited (ACN 138 085 551) and Navigator Global Investments Limited (ACN 101 585 737), with the changes occurring on December 10, 2025.

In LGI Limited, Perpetual’s voting power decreased from 7.550% (6,666,667 votes) to 6.404% (6,624,202 votes). This reduction resulted from a series of sales and purchases across various custodians, including Citicorp Nominees Pty Ltd, HSBC Custody Nominees (Australia) Limited, JPMorgan Nominees Australia Limited, National Nominees Pty Ltd, and UBS Nominees Pty Ltd. Noteworthy transactions included sales of A$-120,813.00 from Citicorp Nominees and A$-382,651.50 from HSBC Custody Nominees, alongside purchases such as A$2,499,997.50 through HSBC Custody Nominees.

Conversely, Perpetual Limited increased its voting power in Navigator Global Investments Limited, rising from 5.298% (25,965,921 votes) to 6.375% (31,243,584 votes). This increase was driven by significant purchases through multiple custodians. For instance, Perpetual acquired A$2,950,000.00 (1,000,000 shares) and A$1,238,026.79 (438,721 shares) via HSBC Custody Nominees (Australia) Limited. Other substantial acquisitions included A$1,439,628.40 (514,153 shares) through UBS Nominees Pty Ltd, and A$1,932,028.00 (690,010 shares) through HSBC Custody Nominees (Australia) Limited.