Doriemus Substantial Holder Richard Magides Discloses 31.22% Aggregate Relevant Interest

Aditi Sarkar

04 November 2026 05:29 PM AEDT

Doriemus Substantial Holder Richard Magides Discloses 31.22% Aggregate Relevant Interest

Image Source: Krish Capital Pty Ltd

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Doriemus (ASX:DBF) has received a Form 604 notice of change of substantial holder from Richard Magides, disclosing an aggregate relevant interest across multiple registered holders totalling securities equivalent to a combined voting interest, with individual holdings spanning several custodian arrangements including Citi Australia, BNP Paribas, and Zentree Investments Limited.

Key Points

Richard Magides holds a relevant interest in 10,001,018 DBF securities via RAMWINES Pty Ltd through Citi Australia, representing 9.33% of votes
BNP Paribas holds 6,993,306 DBF securities registered in Richard Magides' name, representing 6.53% of votes
Richard Magides is directly registered as holder of 9,630,612 DBF securities, representing 8.99% of votes
Zentree Investments Limited holds a combined 5,259,066 DBF securities across Citi Australia and BNP Paribas custody arrangements, representing 4.61% and 0.30% of votes respectively
An indirect relevant interest of 1,563,403 DBF securities (1.46% of votes) arises through units held in Duxton Diversified Agriculture Fund (DDAF), which holds DBF shares

Registered Holdings Across Custodian Arrangements

According to the filing, Richard Magides' relevant interests in DBF are held across a range of custodian and registered arrangements. RAMWINES Pty Ltd, with Citi Australia as registered holder, accounts for 10,001,018 securities and 9.33% of votes. BNP Paribas is the registered holder of 6,993,306 securities with Richard Magides as the person entitled to be registered, representing 6.53% of votes. Richard Magides is also directly registered as holder of 9,630,612 securities, equating to 8.99% of votes, according to the present relevant interests table disclosed in the filing.

Zentree Investments Limited Securities Disclosed

The filing discloses that Zentree Investments Limited is identified as the person entitled to be registered as holder across two separate custody lines. Citi Australia holds 4,940,538 DBF securities on behalf of Zentree Investments Limited, representing 4.61% of votes. A further 318,528 DBF securities are held by BNP Paribas with Zentree Investments Limited as the person entitled to be registered, accounting for 0.30% of votes. Both are classified as registered holder arrangements under the nature of relevant interest column of the filing's present relevant interests table.

Indirect Interest Through Duxton Diversified Agriculture Fund

The filing also discloses an indirect relevant interest of 1,563,403 DBF securities, representing 1.46% of votes, arising through units held in Duxton Diversified Agriculture Fund (DDAF). The nature of this relevant interest is described in the filing as an indirect relevant interest arising through units held in DDAF, which itself holds DBF shares. DDAF is listed as both the registered holder and the person entitled to be registered as holder for this parcel of securities in the present relevant interests table contained within Annexure A of the Form 604 notice.

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