Wilson Asset Management ceases substantial holding in Paragon Care

Wilson Asset Management Group, including its various entities such as WAM Capital Limited and WAM Research Limited, ceased to be a substantial holder in Paragon Care Limited as of December 19, 2025. This follows a previous notice given on June 12, 2025.

The divestment involved numerous on-market sell transactions across multiple Wilson Asset Management Group entities. On December 19, 2025, WAM Capital Limited sold 80,922,158 ordinary shares for AUD 14,541,954.56, WAM Microcap Limited sold 25,527,316 ordinary shares for AUD 4,587,335.26, and WAM Research Limited sold 19,838,114 ordinary shares for AUD 3,564,968.60. Botanical Nominees Pty Limited ATF Wilson Asset Management Equity Fund also sold 2,504,931 ordinary shares for AUD 450,143.62, and Wilson Asset Management Founders Fund sold 3,126,729 ordinary shares for AUD 561,882.58 on the same day.

The group had previously engaged in extensive on-market purchase activities between June 13, 2025, and December 1, 2025, acquiring millions of ordinary shares across its various entities. For instance, on June 25, 2025, WAM Capital Limited purchased 2,162,714 ordinary shares for AUD 769,980.50, and WAM Research Limited bought 554,708 ordinary shares for AUD 197,489.98. These purchases preceded the group's decision to cease being a substantial holder.