Anteris (AVR) 10% Holder L1 Capital Sells Shares

What Happened L1 Capital Pty Ltd, reported as a 10% owner (through several funds it manages), sold a total of 524,404 CHESS Depository Interests (each representing one underlying share) of Anteris Technologies Global Corp. The filing shows two primary dispositions: 48,711 shares on 2026-07-31 at $8.15 each ($396,995) and 475,693 shares on 2026-08-03 at $8.10 each ($3,853,113). Aggregate proceeds across the reported sales were approximately $4.25 million. These were sales (dispositions), not purchases.

Key Details

• Transaction dates and reported prices: 2026-07-31 — 48,711 shares @ $8.15; 2026-08-03 — 475,693 shares @ $8.10. The filing notes multiple executions at prices ranging $8.09–$8.14.
• Total shares sold: 524,404; total proceeds: ≈ $4,250,108.
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Footnotes of note:
  • F1: L1 says it does not admit that it must file under the Securities Exchange Act, citing an exemption under Rule 16a-2.
  • F2: The sold shares are held across several funds managed/controlled by L1 Capital Pty Ltd.
  • F3: Sales occurred in multiple transactions; full per-trade price/quantity breakdown available on request.
  • F4: CHESS Depository Interests equal one underlying common share and are exchangeable for shares within 60 days.
  • F5: Not applicable.
• Filing/timeliness: Form filed 2026-08-04 and reports transactions on 2026-07-31 and 2026-08-03. The provided excerpt does not state that the filing was late.

Context

• This sale was by an institutional 10% holder (multiple funds managed by L1 Capital), not an individual officer or director. Institutional disposals can reflect portfolio rebalancing or fund flows and do not necessarily indicate management’s view of company fundamentals.