SPC Global Holdings Substantial Holder Jeremy Raper and Rangeley Capital Lift Stake to 16.93%

Manish Choudhary

11 November 2026 12:32 PM AEDT

SPC Global Holdings Substantial Holder Jeremy Raper and Rangeley Capital Lift Stake to 16.93%

Image Source: Krish Capital Pty Ltd

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SPC Global Holdings Limited (ASX:SPG) has disclosed that substantial holders Jeremy Michael Kersten Raper and Rangeley Capital LLC increased their combined voting power in the company from 15.01% to 16.93%, following on-market share purchases conducted on 9 and 10 November 2026, according to a Form 604 filed with the company on 11 November 2026.

Key Points

Jeremy Michael Kersten Raper and Rangeley Capital LLC increased their combined voting power from 15.01% (179,079,926 votes) to 16.93% (202,044,926 votes) in fully paid ordinary shares.
A total of 22,965,000 fully paid ordinary shares were acquired on-market between 9 and 10 November 2026 across two separate transactions.
The first transaction involved 2,965,000 shares purchased at an average price of A$0.066, for total cash consideration of A$195,690.
The second transaction involved 20,000,000 shares purchased at an average price of A$0.061, for total cash consideration of A$1,220,000.

On-Market Purchase Transactions on 9–10 November 2026

According to the filing, two separate on-market purchases of fully paid ordinary shares in SPC Global Holdings were made between 9 and 10 November 2026. The first transaction, attributed to Jeremy Michael Kersten Raper (and Rangeley Capital LLC as his associate), involved 2,965,000 shares acquired at an average price of A$0.066, with total cash consideration of A$195,690. The second transaction, on 10 November 2026, was attributed to Rangeley Capital LLC (registered in the name of Citicorp Nominees Pty Limited) and involved 20,000,000 shares acquired at an average price of A$0.061, for total cash consideration of A$1,220,000.

Present Relevant Interests Following the Change

Following the transactions, Jeremy Michael Kersten Raper holds a direct beneficial interest in 26,025,015 fully paid ordinary shares. Rangeley Capital LLC holds a relevant interest in 176,019,911 fully paid ordinary shares, registered in the name of Citicorp Nominees Pty Limited as custodian, in its capacity as investment manager. Mr Raper, as portfolio manager of Rangeley Capital LLC, is also taken to have a relevant interest in the 176,019,911 shares held by Rangeley Capital LLC, and conversely, Rangeley Capital LLC is taken to have a relevant interest in Mr Raper's 26,025,015 shares, as disclosed in the filing.

Association Between Jeremy Raper and Rangeley Capital LLC

The filing states that Jeremy Michael Kersten Raper and Rangeley Capital LLC remain associates under section 12(2)(c) of the Corporations Act 2001. Mr Raper is identified as a portfolio manager of Rangeley Capital LLC, a limited liability company organised in Delaware, USA. In that capacity, he directs the investment in SPC Global Holdings made by Rangeley Capital LLC and has power to control the exercise of voting rights and the disposal of shares held by the entity, such that the two parties are described in the filing as acting in concert in relation to the affairs of the company. The previous notice was given to the company on 3 November 2026.

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