Terramin Australia : Yang Yong Ceases to Be Substantial Holder After On-Market Sales of 4,144,680 Shares

Anjali Anand

03 November 2026 08:45 PM AEDT

Terramin Australia : Yang Yong Ceases to Be Substantial Holder After On-Market Sales of 4,144,680 Shares

Image Source: Krish Capital Pty Ltd

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Terramin Australia Limited (ASX:TZN) has received a notice disclosing that Yang Yong ceased to be a substantial holder in the company on 26 October 2026, following a series of on-market sales that reduced the holder's position in the company's ordinary shares.

Key Points

Yang Yong ceased to be a substantial holder in Terramin Australia on 26 October 2026.
On-market sales of 4,144,680 ordinary shares occurred between 1 October and 25 October 2026, with total consideration of A$72,877.78.
A further change on 26 October 2026 was attributed to dilution due to a share issue, with no consideration received.
The previous substantial holding notice was given to the company on 30 September 2026 and was dated 29 September 2026.

Cessation of Substantial Holding by Yang Yong

According to the Form 605 filing lodged with the ASX, Yang Yong formally ceased to be a substantial holder in Terramin Australia Limited (ACN 062 576 238) on 26 October 2026. The filing was signed by Yang Yong on 29 October 2026. The previous notice disclosing Yang Yong's substantial holding was given to the company on 30 September 2026 and carried a date of 29 September 2026. No associates were listed as having changed their association with the substantial holder in relation to this notice.

On-Market Sales and Dilution Details

The filing discloses two changes in relevant interests since Yang Yong's last substantial holding notice. Between 1 October 2026 and 25 October 2026, Yang Yong conducted on-market sales of 4,144,680 ordinary shares, with total consideration of A$72,877.78. These sales reduced Yang Yong's votes affected by 4,144,680. A second change recorded on 26 October 2026 was attributed to dilution resulting from a share issue, with no consideration applicable and no additional securities or votes listed as affected under that entry.

Holder Address and Filing Details

The filing records Yang Yong's address as 12 Little Road, #03-01, Singapore 536986. The notice was submitted in accordance with section 671B of the Corporations Act 2001, using Form 605. No changes in association were disclosed in relation to the cessation of substantial holding. The filing confirms that the relevant securities class affected by the transactions described is ordinary shares of Terramin Australia Limited.

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