Wyloo Consolidated Investments boosts stake in Greatland Resources

Published 26/06/2025, 08:40
Wyloo Consolidated Investments boosts stake in Greatland Resources

PERTH - Wyloo Consolidated Investments Pty Ltd has increased its total position in Greatland Resources Limited to 20.75% through a combination of voting rights and financial instruments, according to a regulatory filing published Thursday.

The Australian investment firm now holds 8.24% of voting rights attached to shares, representing 55,256,805 ordinary shares. Additionally, the company holds financial instruments equivalent to 12.51% of voting rights, which include options over issued shares expiring on December 4, 2028, and warrants with the same expiration date.

The threshold crossing occurred on June 20, with the issuer notified on June 24, according to the TR-1 standard form notification submitted to the London Stock Exchange (LON:LSEG).

Prior to this change, Wyloo held 8.45% of voting rights in Greatland Resources, with no reported financial instruments. The current position includes options over 66,729,557 shares (9.95%) and warrants representing 17,631,000 shares (2.56%).

Wyloo Consolidated Investments is part of a corporate structure ultimately controlled by John Andrew Henry Forrest and Nicola Margaret Forrest, through various trusts and holding companies including Tattarang Pty Ltd and Wyloo Holdings Pty Ltd.

The notification was completed in Perth, Australia on June 25, as required under UK financial regulations for major shareholding disclosures.

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