Perpetual slashes stake in Iluka Resources

Perpetual Limited, as a substantial holder, reported a significant change in its relevant interest in Iluka Resources Limited on December 12, 2025. Their previous notice was given on October 16, 2025.

The total voting power held by Perpetual Limited has decreased from 8.375% (35,988,571 votes) to 6.957% (29,893,246 votes). This represents a reduction of approximately 1.418% in voting power. The reduction is primarily due to numerous sale transactions executed by various Perpetual entities, including Perpetual Investment Management Limited (PIML), Pendal Institutional Limited (PIL), and Pendal Fund Services Limited (PFSL), involving ordinary shares of Iluka Resources Limited.

Transaction details show a series of sales across different dates, with significant divestments from HSBC Custody Nominees (Australia) Limited and JPMorgan Nominees Australia Limited. For instance, PIML executed a sale of 113,959 shares for -AUD670,215.67 on December 10, 2025, and another sale of 161,481 shares for -AUD945,116.00 on December 12, 2025, through JPMorgan Nominees Australia Limited.