Prodigy Gold NL Becomes Substantial Holder With 19.90% Voting Power Via Voluntary Escrow Deed

Mukul

11 November 2026 07:46 PM AEDT

Prodigy Gold NL Becomes Substantial Holder With 19.90% Voting Power Via Voluntary Escrow Deed

Image Source: Krish Capital Pty Ltd

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Prodigy Gold NL (ASX:PRX) has lodged a notice of initial substantial holder, disclosing that it holds a relevant interest in 67,081,534 fully paid ordinary shares, representing 19.90% voting power, with the relevant interest arising through a voluntary escrow deed entered into with Plutus Prospecting Pty Ltd.

Key Points

Prodigy Gold NL became a substantial holder on 9 November 2026, with 19.90% voting power in its own securities.
The relevant interest covers 67,081,534 fully paid ordinary shares registered in the name of Plutus Prospecting Pty Ltd.
The relevant interest arises from restrictions on disposal of shares under a voluntary escrow deed, pursuant to section 608(1)(c) of the Corporations Act 2001.
Prodigy Gold NL has no right to acquire these shares or to control the voting rights attached to them.
The voluntary escrow deed was entered into at the request of Plutus Prospecting Pty Ltd in connection with a third-party lending arrangement under which Plutus Prospecting Pty Ltd is the borrower.

Nature of Relevant Interest Under Voluntary Escrow Deed

According to the filing, Prodigy Gold NL's relevant interest in the 67,081,534 ordinary shares is derived solely from restrictions on the disposal of those shares under a voluntary escrow deed between Prodigy Gold NL and Plutus Prospecting Pty Ltd. The filing states that this arrangement gives Prodigy Gold NL a relevant interest in its own shares under section 608(1)(c) of the Corporations Act 2001 (Cth). The company disclosed that it has no right to acquire the escrowed shares and no right to control the voting rights attached to those shares.

Registered Holder and Third-Party Lending Arrangement

The filing discloses that the 67,081,534 fully paid ordinary shares subject to the voluntary escrow deed are registered in the name of Plutus Prospecting Pty Ltd, which is also identified as the person entitled to be registered as holder. The voluntary escrow deed was entered into at the request of Plutus Prospecting Pty Ltd in connection with a third-party lending arrangement in which Plutus Prospecting Pty Ltd is the borrower. No cash or non-cash consideration was paid by Prodigy Gold NL in connection with the acquisition of the relevant interest, according to the filing.

Filing Details and Signatories

The Form 603 notice was signed by Jutta Zimmermann in the capacity of Secretary, and dated 11 November 2026. The filing identifies Prodigy Gold NL's registered address as Level 1, 67 Smith Street, Darwin NT 0800, Australia. The voluntary escrow deed, prepared by Norton Rose Fulbright Australia, is annexed to the filing as Annexure A and identifies both Plutus Prospecting Pty Ltd (ACN 682 005 769) and Prodigy Gold NL (ACN 009 127 020) as the parties to the deed.

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