Perpetual Limited reduces stake in Iluka Resources

Perpetual Limited and its related bodies corporate, including Perpetual Investment Management Limited and Pendal Institutional Limited, reported a change in their substantial holding in Iluka Resources Limited on December 12, 2025. This follows previous notices issued on October 16, 2025, and dated October 14, 2025.

The voting power held by Perpetual Limited decreased from 8.375% (35,988,571 votes) to 6.957% (29,893,246 votes). This reduction reflects a series of sales transactions 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. The sales involved numerous transactions between October 17, 2025, and December 12, 2025, with corresponding cash considerations. For instance, a significant sale on December 10, 2025, by JPMorgan Nominees Australia Limited, reduced its holding by 495,442 shares for -A$2,913,793.49. Purchases also occurred, such as 363,770 shares by JPMorgan Nominees Australia Limited on October 23, 2025, for A$2,843,444.58.