Metcash Limited (ASX:MTS) has received a notice of change of interests of substantial holder from Australian Retirement Trust Pty Ltd ATF Australian Retirement Trust, disclosing that its voting power in the company increased from 5.031% to 6.031%, representing 66,327,355 ordinary fully paid shares, following a series of on-market transactions.

Key Points

  • Australian Retirement Trust's relevant interest changed on 5 November 2025, with the previous notice dated 27 October 2025.
  • Voting power increased from 5.031% (55,290,433 votes) to 6.031% (66,327,355 votes) in ordinary fully paid shares.
  • The present interest is held via HSBC Custody Nominees (Australia) Ltd, with the nature of interest described as power to exercise voting rights pursuant to position held as trustee of a superannuation fund.
  • The notice was signed by Kristy Huxtable in the capacity of Company Secretary on 9 November 2026.

Change in Substantial Holding Triggered by 5 November 2025 Transaction

The filing states that the change in the substantial holder's interests occurred on 5 November 2025, with the previous notice having been given to and dated 27 October 2025. Australian Retirement Trust Pty Ltd ATF Australian Retirement Trust, holding ACN 010 720 840 and headquartered at 266 George Street, Brisbane QLD 4000, disclosed total present voting securities of 66,327,355 ordinary fully paid shares, up from 55,290,433 shares recorded at the time of the previous notice. No changes in association were reported, with the filing noting "Not Applicable" under that section.

Series of Buy and Sell Transactions Detailed in Annexure A

Annexure A of the filing sets out the individual transactions underpinning the change. On 28 October 2025, Australian Retirement Trust sold 7,141 ordinary fully paid shares for consideration of $27,174.77. On 29 October 2025, two separate purchases were made: 1,317 shares for $5,026.05 and 342,312 shares for $1,311,223.69. On 3 November 2025, a further 260,472 shares were acquired for $1,007,071.73. On 5 November 2025, 207,315 shares were purchased for $794,888.00. Subsequently, on 12 November 2025, 191,600 shares were bought for $751,763.16, and on 19 November 2025, 51,148 shares were sold for $195,392.99.

Securities Registered Through HSBC Custody Nominees

According to the filing, the registered holder of the securities is HSBC Custody Nominees (Australia) Ltd, while the holder of the relevant interest is Australian Retirement Trust Pty Ltd ATF Australian Retirement Trust. The nature of the relevant interest is described as the power to exercise voting rights pursuant to the position held as trustee of a superannuation fund. The total present relevant interest amounts to 66,327,355 ordinary fully paid shares, carrying 66,327,355 person's votes, as disclosed in the present interests table of the Form 604 filing.