Aerometrex Ltd Sees Perennial Value Management Slash Stake to 8.58% After $3.2M On-Market Sale

Mukul

10 November 2026 03:44 PM AEDT

Aerometrex Ltd Sees Perennial Value Management Slash Stake to 8.58% After $3.2M On-Market Sale

Image Source: Krish Capital Pty Ltd

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Aerometrex Ltd (ASX:AMX) has received a notice of change of interests of substantial holder from Perennial Value Management Limited (PVM), disclosing that PVM's voting power in the company has fallen from 18.58% to 8.58% following a series of on-market transactions between 3 and 9 November 2026.

Key Points

Perennial Value Management Limited's voting power in Aerometrex fell from 18.58% (17,644,814 votes) to 8.58% (8,150,859 votes)
A major on-market sale of 9,499,064 ordinary shares was executed on 9 November 2026 for consideration of $3,222,576.46
Three smaller on-market purchases were made between 3 and 5 November 2026, totalling 5,109 shares for $1,513.73
Securities are registered through HSBC, with HSBC also named as the person entitled to be registered as holder
The notice was filed on 10 November 2026 and signed by Bill Anastasopoulos as Company Secretary

On-Market Transactions Between 3 and 9 November 2026

According to the filing, the changes in PVM's relevant interest occurred across four separate on-market transactions. On 3 November 2026, 3,819 ordinary shares were purchased for $1,126.85. On 4 November 2026, a further 1,250 shares were acquired for $375.08, followed by 40 shares on 5 November 2026 for $11.80. The largest transaction occurred on 9 November 2026, when 9,499,064 ordinary shares were sold on-market for total consideration of $3,222,576.46. All transactions were carried out through HSBC as the registered holder of the securities.

Present Relevant Interest After Changes

Following the transactions, PVM's present relevant interest stands at 8,150,859 ordinary shares, representing 8.58% voting power in Aerometrex. The filing identifies HSBC as both the registered holder of the securities and the person entitled to be registered as holder. PVM's relevant interest in those securities arises through HSBC. The previous notice, in which PVM held 17,644,814 votes equating to 18.58% voting power, was given to the company on 3 November 2026 and was dated the same day, according to the filing.

Substantial Holder Notice Details

The notice was submitted as a Form 604 under Section 671B of the Corporations Act 2001, disclosing a change in the interests of a substantial holder. Perennial Value Management Limited, with ACN 090 879 904, is listed as the substantial holder, and is located at Level 27, 88 Phillip St, Sydney NSW 2000. Aerometrex Ltd, with ACN 153 103 925, is registered at 51–53 Glynburn Road, Glynde, SA 5070. The filing states no changes in association are applicable. The notice was signed on 10 November 2026 by Bill Anastasopoulos in his capacity as Company Secretary.

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