SPC Global Holdings Receives Form 603 as Jeremy Raper and Rangeley Capital LLC Disclose 15.01% Stake

Anjali Anand

04 November 2026 10:15 AM AEDT

SPC Global Holdings Receives Form 603 as Jeremy Raper and Rangeley Capital LLC Disclose 15.01% Stake

Image Source: Krish Capital Pty Ltd

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SPC Global Holdings Limited (ASX:SPG) has received a Form 603 Notice of Initial Substantial Holder, disclosing that Jeremy Michael Kersten Raper and Rangeley Capital LLC together held a relevant interest of 15.01% in the company's fully paid ordinary shares as of 3 November 2026.

Key Points

Jeremy Michael Kersten Raper and Rangeley Capital LLC became substantial holders on 3 November 2026, holding a combined 179,079,926 fully paid ordinary shares representing 15.01% voting power.
Raper holds 23,060,015 shares directly as registered and beneficial owner, acquired via on-market purchases on ASX between 3 October 2026 and 3 November 2026 at an average price of A$0.071, for a cash consideration of A$1,637,261.
Rangeley Capital LLC holds a relevant interest in 156,019,911 shares registered in the name of Citicorp Nominees Pty Limited, acquired via on-market purchases on 2–3 November 2026 at an average price of A$0.066, for a cash consideration of A$10,297,314.
Raper and Rangeley Capital LLC are deemed associates under section 12(2)(c) of the Corporations Act 2001, with Raper acting as portfolio manager directing Rangeley Capital LLC's investment in the company.

Substantial Holder Identification and Voting Power

According to the Form 603 filed with the company on 4 November 2026, Jeremy Michael Kersten Raper and Rangeley Capital LLC are jointly identified as the substantial holders. Their combined relevant interest of 179,079,926 fully paid ordinary shares carries 179,079,926 votes, representing 15.01% of voting power in SPC Global Holdings Limited. The notice was signed by Jeremy Raper in his capacity as owner and as portfolio manager and authorised signatory of Rangeley Capital LLC, with the form dated 3 November 2026.

Nature of Relevant Interests and Registered Holdings

The filing sets out the nature of each party's relevant interest. Raper is recorded as the registered and beneficial owner of 23,060,015 fully paid ordinary shares held directly in his name. Rangeley Capital LLC holds investment management power to control the voting rights and disposal of 156,019,911 shares, which are registered in the name of Citicorp Nominees Pty Limited as custodian. Raper, as portfolio manager of Rangeley Capital LLC, is also taken to have a relevant interest in those 156,019,911 shares, and Rangeley Capital LLC is correspondingly taken to have a relevant interest in Raper's 23,060,015 shares.

Consideration Paid for Shares Acquired in the Prior Four Months

The Form 603 details consideration paid for shares acquired in the four months prior to the substantial holder date. Raper acquired 23,060,015 shares through on-market purchases on ASX between 3 October 2026 and 3 November 2026, at an average price of A$0.071 per share for total cash consideration of A$1,637,261 with no non-cash component. Rangeley Capital LLC acquired 156,019,911 shares through on-market purchases on 2–3 November 2026 at an average price of A$0.066 per share for total cash consideration of A$10,297,314 with no non-cash component.

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