Yarric lifts Adneo stake to 13.63% with $500K placement
What's the deal? Yarric Holdings Pty LtdDealroom has a profile for this one. Try Dealroom → has raised its stake in ASX-listed Adneo LimitedDealroom has a profile for this one. Try Dealroom → from 9.62% to 13.63%, according to a Form 604 substantial holder notice filed on August 19, 2026. The increase came through a placement in which Yarric acquired 20,000,000 fully paid ordinary shares for $500,000.
The numbers: Yarric now holds 56,622,758 shares, up from 36,622,758. Both its shareholding and attributed voting rights stand at 56,622,758 following the placement.
Who's who? Yarric Holdings, registered at 510 Coomba Rd, Whoota, NSW, is both the registered holder and the holder of the relevant interest in the securities. Adneo company secretary Simon Gresham signed the notice.
Why now? The change was recorded on August 19, 2026, roughly a year after Yarric's previous substantial holder notice dated August 15, 2025.
The signal: A placement that lifts a single holder past 13% concentrates voting power and signals continued backing of Adneo by an existing substantial shareholder.
Read more: kalkinemedia.com
Image credit: Ken Lund
