Aerometrex Limited (ASX:AMX) has received a notice of initial substantial holding from Landchecker Holdings Pty Ltd and associated entities, disclosing a combined relevant interest of 17,649,883 ordinary shares representing 18.58% voting power, effective 9 November 2026.

Key Points

  • Landchecker Holdings Pty Ltd became a substantial holder in Aerometrex on 9 November 2026 with 18.58% voting power across 17,649,883 ordinary shares.
  • Landchecker acquired 9,499,064 ordinary shares on-market on 9 November 2026 for a total purchase price of $3,229,681.76 at $0.34 per share.
  • A further 8,150,819 ordinary shares (ROFR Shares) are subject to a Right of First Refusal Deed dated 9 November 2026 with Perennial Value Management Limited, with no consideration yet paid for those shares.
  • The Landchecker Shareholder Entities and Tanarra Entities each hold relevant interests in the 9,499,064 shares and the ROFR Shares by virtue of voting power above 20% in Landchecker and control of Tanarra LC Holdings Pty Ltd.

Substantial Holder Acquisition Details

According to the filing lodged with the ASX, Landchecker Holdings Pty Ltd (ACN 657 144 575) became a substantial holder in Aerometrex Limited on 9 November 2026. The entity acquired 9,499,064 ordinary shares on-market on that date for a total cash consideration of $3,229,681.76, equating to $0.34 per share. The filing identifies Landchecker as the legal and beneficial owner of those shares, with its registered address listed as Level 5, 67–69 Palmerston Crescent, South Melbourne VIC 3205.

Right of First Refusal Deed and ROFR Shares

In addition to the directly held shares, Landchecker Holdings disclosed a relevant interest in 8,150,819 ordinary shares held by Perennial Value Management Limited ACN 090 879 904. This interest arises under sections 608(1)(c) and 608(8) of the Corporations Act 2001 pursuant to a Right of First Refusal Deed dated 9 November 2026. The filing states that no consideration has been paid in respect of these ROFR Shares, and that consideration is only payable in the future if required by and subject to the terms of the ROFR Deed.

Associated Entities and Voting Power Structure

The filing identifies both the Landchecker Shareholder Entities and the Tanarra Entities as holding relevant interests in both the 9,499,064 directly held shares and the 8,150,819 ROFR Shares. The Landchecker Shareholder Entities hold their relevant interest under section 608(3)(a) of the Corporations Act by reason of having voting power above 20% in Landchecker. The Tanarra Entities hold their relevant interest under section 608(3)(b) by reason of and to the extent of their control of Tanarra LC Holdings Pty Ltd, described as a Landchecker Shareholder Entity. Each Tanarra Entity is associated with Tanarra LC by reason of being related bodies corporate.