FilingReader Intelligence

Gleneagle, Bixbite cease as Terracom substantial holders after share transfer

December 22, 2025 at 10:07 AM UTCBy FilingReader AI

Gleneagle Securities Nominees Pty Limited and Bixbite Enterprises Corporation have ceased to be substantial holders in Terracom Limited as of December 17, 2025. This follows an initial notification on December 17, 2025, when Gleneagle Securities Nominees Pty Limited and Orbit Marketing Pte Ltd became substantial holders, acquiring 160,000,000 ordinary shares for a cash consideration of $12,800,000.00.

The change in relevant interest, occurring on December 17, 2025, involved the transfer of beneficial ownership of 160,000,000 ordinary shares from Bixbite Enterprises Corporation, with the same consideration of $12,800,000.00. The registered holders included Gleneagle Securities Nominees Pty Limited and Orbit Marketing Pte Ltd.

Lance Rosenberg, a director, signed both the initial substantial holder notice on December 22, 2025, and the ceasing to be a substantial holder notice on December 22, 2025, on behalf of Gleneagle Securities Nominees Pty Limited.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

ASX:TERAustralian Securities Exchange

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