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| Holder | Type | Held (Actual) | % of Outstanding | Market Value | Date Reported |
|---|---|---|---|---|---|
| Microequities Asset Management Pty Limited | Institution | 13,310,000 | 8.66% | AUD 918.39k | 2025-11-19 |
| TIGA Trading Pty Ltd | Institution | 9,261,222 | 6.03% | AUD 639.02k | 2025-11-19 |
| Thorney Technologies Ltd | Institution | 8,755,308 | 5.70% | AUD 604.12k | 2025-11-19 |
| Mr. Darren Hunter | Insider | 7,501,112 | 4.88% | AUD 517.58k | 2025-11-20 |
| Mr. Lars Lindstrom | Insider | 7,405,668 | 4.82% | AUD 510.99k | 2025-11-20 |
| Brindle Holdings Pty. Ltd. | Institution | 6,912,000 | 4.50% | AUD 476.93k | 2025-11-05 |
| Mr. Jonathan Isaacs | Insider | 6,412,430 | 4.17% | AUD 442.46k | 2025-11-20 |
| Equitable Investors Pty Ltd. - Equitable Investors Dragonfly Fund | Institution | 6,177,397 | 4.02% | AUD 426.24k | 2025-11-05 |
| Equitable Investors Pty Ltd | Institution | 6,177,397 | 4.02% | AUD 426.24k | 2025-11-05 |
| Cyan Investment Management Pty Ltd | Institution | 6,120,000 | 3.98% | AUD 422.28k | 2025-11-19 |
| DMX Asset Management Limited | Institution | 5,077,986 | 3.31% | AUD 350.38k | 2025-11-05 |
| Dmx Capital Partners Limited | Institution | 5,077,986 | 3.31% | AUD 350.38k | 2025-11-05 |
| Mr. Alistair Strong | Insider | 4,500,000 | 2.93% | AUD 310.50k | 2025-11-05 |
| Mr. Paul Collins | Insider | 3,949,260 | 2.57% | AUD 272.50k | 2025-11-20 |
| Ms. Natanya Fisher | Insider | 3,004,689 | 1.96% | AUD 207.32k | 2025-11-05 |
| Mr. Cristiano Nicolli | Insider | 2,878,585 | 1.87% | AUD 198.62k | 2026-02-24 |
| Mr. Nicholas Mardling | Insider | 2,800,001 | 1.82% | AUD 193.20k | 2025-11-05 |
| Kimberly Marshall | Insider | 2,510,920 | 1.63% | AUD 173.25k | 2025-11-05 |
| Mr. Andrew Skelton | Insider | 2,448,979 | 1.59% | AUD 168.98k | 2025-11-05 |
| Mr. Edmund Rose | Insider | 2,126,166 | 1.38% | AUD 146.71k | 2025-11-05 |
| Dr. Scott Donnellan | Insider | 2,000,000 | 1.30% | AUD 138.00k | 2025-11-05 |
| Australasian Learning Academy Pty Ltd | Institution | 1,875,000 | 1.22% | AUD 129.38k | 2025-11-05 |
| Mr. Joshua Fisher | Insider | 977,734 | 0.64% | AUD 67.46k | 2025-11-05 |
| Mr. Luke Murphy | Insider | 426,610 | 0.28% | AUD 29.44k | 2025-09-30 |
| Coastal Estates Pty Ltd | Institution | 388,889 | 0.25% | AUD 26.83k | 2025-11-19 |
| Mr. Alexander Waislitz | Insider | 325,000 | 0.21% | AUD 22.43k | 2025-11-19 |
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