Coast Entertainment Holdings (ASX:CEH) has received a notice of change of interests of substantial holder from Spheria Asset Management Pty Ltd, disclosing that its voting power in the company has moved from 16.46% to 14.97% in ordinary fully paid shares, following a series of transactions between April and August 2026.
Key Points
- Spheria Asset Management’s voting power in Coast Entertainment Holdings changed from 16.46% to 14.97% in ordinary fully paid shares.
- The number of shares held moved from 63,971,388 to 58,171,666 ordinary fully paid securities.
- The change in relevant interest was recorded on 12 August 2026, with the previous notice dated 8 April 2026.
- Spheria Asset Management holds its relevant interest in its capacity as investment manager, with power to control voting and/or disposal of the securities.
Change in Substantial Holding Details
According to the Form 604 filing lodged on 14 August 2026, Spheria Asset Management Pty Ltd (ACN 611 081 326) disclosed a change in its substantial holding in Coast Entertainment Holdings Ltd (ACN 628 881 603). The substantial holder’s relevant interest in ordinary fully paid shares moved from 63,971,388 shares, representing 16.46% of voting power, to 58,171,666 shares, representing 14.97% of voting power. The notice was signed by Matthew Booker in his capacity as Director of Spheria Asset Management, and the change in relevant interest was recorded as occurring on 12 August 2026.
Transaction Activity Between April and August 2026
Annexure B of the filing sets out a series of purchases and sales of ordinary fully paid shares by Spheria Asset Management between 23 April 2026 and 12 August 2026. Transactions included a purchase and corresponding sale of 3,352,416 shares on 23 April 2026 at $1,573,959.31 each way, multiple purchases across May, June, and July 2026, and a sale of 2,817,144 shares on 20 July 2026 for $1,476,865.74. The most recent transaction disclosed was a sale of 3,568,631 shares on 12 August 2026 for $1,873,525.03, which represents the date of the change of interests recorded in the notice.
Nature of Relevant Interest and Registered Holder
The filing states that Spheria Asset Management Pty Ltd holds its relevant interest in Coast Entertainment Holdings in its capacity as investment manager, with the power to control voting and/or disposal of the securities. According to Annexure C of the filing, the registered holder of the securities is BNP Paribas, with BNP Paribas also listed as the person entitled to be registered as holder. The filing records no changes in association, with no persons identified as having become or ceased to be associates of the substantial holder in relation to voting interests in the company.
