Kapstream Investment Trust (ASX:KIT) has received a Form 605 notice disclosing that Tribeca Investment Partners Pty Ltd ceased to be a substantial holder in the trust on 10 November 2026, following a series of on-market sell transactions conducted between 2 November and 10 November 2026.

Key Points

  • Tribeca Investment Partners Pty Ltd ceased to be a substantial holder in Kapstream Investment Trust (ASX:KIT) on 10 November 2026.
  • The previous substantial holder notice was given to the company on 2 November 2026 and was dated 2 November 2026.
  • All changes in relevant interests were conducted via on-market sell transactions between 2 November and 10 November 2026.
  • The Form 605 notice was signed by Ken Liu, Compliance Manager at Tribeca Investment Partners, and dated 12 November 2026.

Cessation of Substantial Holding

Tribeca Investment Partners Pty Ltd, acting as Investment Manager, filed a Form 605 notice under Section 671B of the Corporations Act 2001, disclosing that it ceased to be a substantial holder in Kapstream Investment Trust (ARSN 691 029 124) on 10 November 2026. The filing was submitted to the ASX on 12 November 2026. The previous substantial holding notice had been provided to the company on 2 November 2026. No changes in association were reported, with the filing recording no associates relevant to this disclosure.

On-Market Sell Transactions from 2 to 10 November 2026

Annexure A of the filing details a series of on-market sell transactions carried out by Tribeca Investment Partners Pty Ltd as Investment Manager across multiple trading days. Transactions occurred on 2, 3, 4, 5, 6, 9, and 10 November 2026, all involving ordinary securities. Notable transactions on 10 November 2026 included sales of 231,468 ordinary securities for AUD 391,250, 21,690 ordinary securities for AUD 36,663, 14,238 ordinary securities for AUD 24,066, 13,692 ordinary securities for AUD 23,144, and 5,926 ordinary securities for AUD 10,017.

Earlier Transaction Activity Between 2 and 9 November 2026

Prior to the final sell-down on 10 November 2026, Tribeca Investment Partners conducted multiple on-market sell transactions across the preceding trading days. On 2 November 2026, transactions included a sale of 63,136 ordinary securities for AUD 103,821. On 3 November 2026, a sale of 156,459 ordinary securities for AUD 255,216 was recorded. On 6 November 2026, 99,547 ordinary securities were sold for AUD 164,352. Additional smaller transactions were recorded across 4, 5, and 9 November 2026, all classified as on-market sells in ordinary securities of Kapstream Investment Trust.