CEN.ASX: SPH - Infratil - disclosure of movement of 1% or more

SPH - Infratil - disclosure of movement of 1% or more

Stock	Contact Energy Ltd (CEN.ASX)
Release Time	20 May 2026, 10:09 a.m.
Price Sensitive	Yes

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Infratil Investments Sells Shares in Contact Energy

Key Points

Infratil Investments selling 53.5 million shares in Contact Energy
Macquarie Securities (NZ) Limited underwriting the sale
Sale expected to settle on 25 May 2026
Infratil Investments to hold 14.081% after sale
Infratil to maintain control over voting rights

Full Summary

Infratil Investments Limited, a subsidiary of Infratil Limited, is selling 53.5 million ordinary shares in Contact Energy Limited through Macquarie Securities (NZ) Limited. The sale, expected to settle on 25 May 2026, will reduce Infratil Investments' stake from 14.299% to 14.081%. Infratil Limited will maintain control over voting rights attached to 20% or more of the voting products of Infratil Investments. The sale is conducted under an agreement between Infratil Investments and Macquarie Securities, with Macquarie agreeing to underwrite and guarantee the sale of any shortfall shares.

Guidance

Infratil Investments to hold 14.081% after sale, Infratil to maintain control over voting rights

Outlook

The sale is expected to settle on 25 May 2026, with Macquarie Securities underwriting the transaction.