Reedy Lagoon Corporation Limited (ASX:RLC) has received a notice of change of interests of substantial holder from Mr Joshua Gordon, disclosing that his voting power in the company declined from 9.38% to 8.16% following the issue of 332,500,000 fully paid ordinary shares by the company on 30 October 2026.

Key Points

  • Mr Joshua Gordon's voting power in Reedy Lagoon Corporation decreased from 9.38% to 8.16% as of 30 October 2026.
  • The change resulted from the dilution of his interest following the company's issue of 332,500,000 fully paid ordinary shares.
  • Mr Gordon's total holding of 208,000,000 fully paid ordinary shares remained unchanged.
  • The previous substantial holder notice was given to the company on 27 October 2026 and was dated 27 October 2026.

Dilution of Voting Power Following Share Issue

According to the filing, the change in Mr Gordon's relevant interest occurred on 30 October 2026 and was attributed solely to dilution of voting power. The filing states that the company issued 332,500,000 fully paid ordinary shares, which resulted in his voting power falling from 9.38% to 8.16%. No consideration was given in relation to the change, and no securities held by Mr Gordon were affected. His direct relevant interest as a shareholder remained at 208,000,000 fully paid ordinary shares, carrying 208,000,000 person's votes.

Nature and Structure of Mr Gordon's Relevant Interest

The filing discloses that Mr Joshua Gordon holds a direct relevant interest as a shareholder in Reedy Lagoon Corporation Limited. He is both the holder of the relevant interest and the registered holder of the securities, as well as the person entitled to be registered as holder. His present holding comprises 208,000,000 fully paid ordinary shares, unchanged from the position reported in the previous substantial holder notice lodged on 27 October 2026. No associates are named in the filing, and no changes in association are disclosed.

Filing Details and Disclosure

The notice was submitted as a Form 604 under Section 671B of the Corporations Act 2001, relating to a change in the interests of a substantial holder. The form was filed in relation to Reedy Lagoon Corporation Limited, ACN 006 639 514. Mr Gordon is identified as an individual and is listed with an address in Caulfield South, Victoria. The filing records no relevant agreements, no changes to the nature of Mr Gordon's direct relevant interest, and no qualifications on his power to exercise voting rights attached to his securities.