Def consulting sees major shareholder shift with EVO Fund emerging as largest

Def consulting (TSE:4833) reported a change in its major shareholders as of September 11, 2025, following the submission of a large shareholding report. EVO FUND, a tax-exempt limited liability company based in the Cayman Islands, has become the new largest shareholder.

EVO FUND now holds 223,352 shares, representing 36.86% of total voting rights, a substantial increase from its previous 0% holding as of June 20, 2025. Concurrently, The capital, previously the largest shareholder, has reclassified its position to a major shareholder, maintaining its holding of 157,524 shares. Its voting rights percentage decreased from 48.92% to 25.99% due to an increase in the total number of outstanding shares.

The total number of outstanding shares for Def consulting increased from 32,202,015 shares on June 20, 2025, to 60,602,015 shares on September 11, 2025. This change in share structure led to the reclassification of The capital despite no change in its absolute shareholding.