Fund managers adjust Aspen Group holdings, shifting voting power

Cooper Investors Pty Limited decreased its substantial holding in Aspen Group Limited from 11.3510% to 9.9875%, a reduction of 3,104,316 shares. This sale, valued at approximately AUD 16,980,608.52, occurred on December 17, 2025. The company's total holdings now stand at 22,738,012 votes.

Conversely, Perpetual Limited and its related bodies corporate increased their substantial holding in Aspen Group Limited from 11.198% (25,196,529 votes) to 12.638% (28,773,885 votes) on December 17, 2025. This increase involved numerous transactions, predominantly purchases, indicating a strategic accumulation of shares by Perpetual Limited.

These changes highlight divergent strategies among significant investors in Aspen Group, with one firm reducing its exposure while the other expands its stake, impacting the overall ownership structure of the company.