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REECE LIMITED — Major Shareholding Notification 2025
Oct 21, 2025
65683_rns_2025-10-21_69e4000a-323e-4dfa-8974-1e7d5330b208.pdf
Major Shareholding Notification
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Level 24 Chifley Tower 2 Chifley Square Sydney NSW 2000 Eora Country www.abl.com.au
22 October 2025
Your Ref File No. 011840917
By E-mail
Company Secretary Reece Limited 118 Burwood Highway Burwood Victoria 3125
Contact Scott Phillips Direct 61 2 9226 7253 [email protected]
Dear Sir/Madam
Notice of Changes of Interests of Substantial Holders
On behalf of the various Wilson family entities, please find enclosed a Form 604 Notice of Changes of Interests of Substantial Holder in accordance with section 671B of the Corporations Act 2001 (Cth) for each of:
-
(a) John Gay Wilson and the other entities listed in the form;
-
(b) Leslie Alan Wilson and the other entities listed in the form;
-
(c) Bruce Walter Campbell Wilson and the other entities listed in the form; and
-
(d) Wilaust Holdings Pty Ltd ACN 004 796 927 and the other entities listed in the form.
Partners
Mark M Leibler AC Henry D Lanzer AM Joseph Borensztajn AM Leon Zwier Philip Chester Ross A Paterson Stephen L Sharp Kevin F Frawley Zaven Mardirossian Jonathan M Wenig Paul Sokolowski Paul Rubenstein Peter M Seidel John Mitchell Ben Mahoney Jonathan Milner John Mengolian Matthew Lees Genevieve Sexton Jeremy Leibler Nathan Briner Justin Vaatstra Clint Harding Susanna Ford Tyrone McCarthy Teresa Ward Christine Fleer Jeremy Lanzer Bridget Little Gia Cari Jason van Grieken Elyse Hilton Jonathan Ortner Stephen Lloyd Scott Phillips Gavin Hammerschlag Shaun Cartoon Damien Cuddihy Dorian Henneron Rebecca Zwier Ben Friis-O’Toole Raphael Leibler Gabriel Sakkal Matthew Davies Rachel Soh Luke Jedynak
Consultants Kenneth A Gray
Yours sincerely
==> picture [49 x 40] intentionally omitted <==
Scott Phillips Partner
Special Counsel Sam Dollard Laila De Melo Emily Simmons Bridgid Cowling Are Watne Brianna Youngson Briely Trollope Laura Cochrane Greg Judd Paul Chadwick Senior Associates Elly Bishop Lisa Garson Vidushee Deora Emily Korda Michael Repse Anna Sapountsis Alexandra Harrison-Ichlov Claire Southwell Luise Squire Ari Bendet Grace Cho Lucy Eastoe Michelle Ainsworth Micaela Bernfield Crosby Radburn Jessica Wills George Bassil Harriet Craig Ellie Mason Jessica Ortner Cameron Sivwright Freeman Zhong Ben Chahoud Sophia Charles Christopher Davies Madeleine Durrant Jason Rudaizky Emma Ffrench-Mullen Natalie Thomas Megan Hosiosky Prianca Maharaj Ryan Taylor Camilla Miles Zavara Farquhar Michael Greatrex Max Griffin Matthew Harris Molly Scott Johnny Sorras Tamsen Kempster Eileen Liu Julia Heyward Jasmine Romanin
ABL/47454252v1
Docusign Envelope ID: E6EEF155-D7FB-4FE5-B79F-F13A461368FE
Form 604
Corporations Act 2001 (Cth) (Act) Section 671B
Notice of change of interests of substantial holder
To Company Name/Scheme
Reece Ltd
ACN ~~/ARSN~~ 004 313 133
1. Details of substantial holder (1)
Name John Gay Wilson and the other entities listed in Annexure A (together the Substantial Holders).
ACN/ARSN (if applicable) N/A
There was a change in the interests of the substantial holder on See Section 3 The previous notice was given to the company on 04/05/2020 The previous notice was dated 04/05/2020
2. Previous and present voting power
The total number of votes attached to all the voting shares in the company or voting interests in the scheme that the substantial holder or an associate (2) had a relevant interest (3) in when last required, and when now required, to give a substantial holding notice to the company or scheme, are as follows:
| Class of securities (4) | Previous notice | Present notice | ||
|---|---|---|---|---|
| Person’s votes | Voting power (5) | Person’s votes |
Voting power (5) | |
| Ordinary Shares (Shares) | 362,013,785 | 56.04% (based on 645,984,181 shares on issue on 4 May 2020) |
361,013,785 | 58.43% (based on 617,886,428 shares on issue on 20 October 2025) |
3. Changes in relevant interests
Particulars of each change in, or change in the nature of, a relevant interest of the substantial holder or an associate in voting securities of the company or scheme, since the substantial holder was last required to give a substantial holding notice to the company or scheme are as follows
Docusign Envelope ID: E6EEF155-D7FB-4FE5-B79F-F13A461368FE
| Date of change |
Person whose relevant interest changed |
Nature of change (6) | Consideration given in relation to change (A$) (7) |
Class and number of securities affected |
Person’s votes affected |
|---|---|---|---|---|---|
| 24/12/2024 | John Gay Wilson | Capital distribution pursuant to the trust deed for the LT Wilson Family Trust. |
N/A | 2,000,000 Shares |
2,000,000 |
| 15/03/2025 | John Gay Willson | Acquisition of Shares pursuant to a share sale agreement between Cub Custodians Pty Ltd as trustee of the Cub Custodian Unit Trust and Glentemp Custodian Pty Ltd as trustee of the Glentemp Custodian Trust dated 15 March 2025. |
$18,831,000 | 1,000,000 Shares |
1,000,000 |
| 20/10/2025 | John Gay Wilson | Increase in voting power as a result of cancellation of Shares pursuant to an off-market buy back |
N/A | 361,013,785 Shares |
361,013,785 |
| 20/10/2025 | J.G.W. Investments Pty Ltd |
Increase in voting power as a result of cancellation of Shares pursuant to an off-market buy back |
N/A | 269,656,600 Shares |
269,656,600 |
| 20/10/2025 | Abtourk (Vic No. 11) Pty Ltd as trustee for the John Gay Wilson Property Trust ACN 007 161 631 |
Increase in voting power as a result of cancellation of Shares pursuant to an off-market buy back |
N/A | 2,670,000 Shares |
2,670,000 |
4. Present relevant interests
Particulars of each relevant interest of the substantial holder in voting securities after the change are as follows:
| Holder of relevant interest |
Registered holder of securities |
Person entitled to be registered as holder (8) |
Nature of relevant interest (6) |
Class and number of securities |
Person’s votes |
|---|---|---|---|---|---|
| See Annexure B |
5. Changes in association
The persons who have become associates (2) of, ceased to be associates of, or have changed the nature of their association (9) with, the substantial holder in relation to voting interests in the company or scheme are as follows:
| Name and ACN/ARSN (if applicable) | Nature of association |
|---|---|
| N/A | N/A |
6. Addresses
The addresses of persons named in this form are as follows:
| Name | Address |
|---|---|
| John Gay Wilson | C/- Pitcher Partners, Level 13, 664 Collins Street, Docklands, Victoria 3008 |
| The Other Substantial Holders named in Annexure A |
C/- Pitcher Partners, Level 13, 664 Collins Street, Docklands, Victoria 3008 |
Docusign Envelope ID: E6EEF155-D7FB-4FE5-B79F-F13A461368FE
Signature
| print name sign here |
Capacity John Gay Wilson Director |
Capacity John Gay Wilson Director |
|---|---|---|
| Date 22/10/2025 |
11:00 AM AEDT | |
Docusign Envelope ID: E6EEF155-D7FB-4FE5-B79F-F13A461368FE
Annexure “A” to Form 604
This is Annexure “A” referred to in Form 604 – Notice of change of interests of substantial holder signed by me and dated 22 October 2025.
Signed
John Gay Wilson Name
Director
Capacity
Substantial Holders
-
John Gay Wilson
-
J.G.W. Investments Pty Ltd
-
Abtourk (Vic No. 11) Pty Ltd as trustee for the John Gay Wilson Property Trust ACN 007 161 631
Docusign Envelope ID: E6EEF155-D7FB-4FE5-B79F-F13A461368FE
Annexure “B” to Form 604
This is Annexure “B” referred to in Form 604 – Notice of change of interests of substantial holder signed by me and dated 22 October 2025.
Signed
John Gay Wilson
Name
Director
Capacity
| Holder of relevant interest |
Registered Holder of Securities |
Person entitled to be registered as holder |
Nature of relevant interest(7) | Class and number of securities |
|---|---|---|---|---|
| John Gay Wilson | John Gay Wilson |
John Gay Wilson | Relevant interest under 608(1)(a) of the Act as theregisteredholder. |
4,671,819 ordinary shares |
| J.G.W. Investments Pty Ltd |
J.G.W. Investments Pty Ltd |
Relevant interest under 608(3)(b) of the Act as a result of John Gay Wilson's control of J.G.W. Investments Pty Ltd (as Governing Director). |
16,801,600 ordinary shares |
|
| Wilaust Holdings Pty Ltd |
Wilaust Holdings Pty Ltd |
Relevant interest under 608(3)(b) of the Act as a result of John Gay Wilson's control of J.G.W. Investments Pty Ltd (as Governing Director). |
8,730,000 ordinary shares |
|
| Austral Hardware Pty Ltd |
Austral Hardware Pty Ltd |
Relevant interest under 608(3)(b) of the Act as a result of John Gay Wilson's control of J.G.W. Investments Pty Ltd (as Governing Director). |
14,925,000 ordinary shares |
|
| Austral Hardware (Healesville) Pty Ltd |
Austral Hardware (Healesville) Pty Ltd |
Relevant interest under 608(3)(b) of the Act as a result of John Gay Wilson's control of J.G.W. Investments Pty Ltd (as Governing Director). |
12,000,000 ordinary shares |
|
| L.T. Wilson Pty Ltd |
L.T. Wilson Pty Ltd | Relevant interest under 608(3)(b) of the Act as a result of John Gay Wilson's control of J.G.W. Investments Pty Ltd (as Governing Director). |
157,200,000 ordinary shares |
|
| Addawarra Nominees Pty Ltd as trustee for the LT Wilson Family Trust |
Addawarra Nominees Pty Ltd as trustee for the LT Wilson Family Trust |
Relevant interest under 608(3)(b) of the Act as a result of John Gay Wilson's control of J.G.W. Investments Pty Ltd (as Governing Director). |
9,550,000 ordinary shares |
|
| L.T.W Holdings Pty Ltd |
L.T.W Holdings Pty Ltd |
Relevant interest under 608(3)(b) of the Act as a result of John Gay Wilson's control of J.G.W. Investments Pty Ltd (as Governing Director). |
60,000,000 ordinary shares |
|
| Warramunda Investments Pty Ltd |
Warramunda Investments Pty Ltd |
Relevant interest under 608(3)(b) of the Act as a result of John Gay Wilson's control of J.G.W. Investments Pty Ltd (as Governing Director). |
48,645,000 ordinary shares |
|
| Glentemp Custodian Pty Ltd as trustee for the Glentemp Custodian Trust |
Glentemp Custodian Pty Ltd as trustee for the Glentemp Custodian Trust |
Relevant interest under section 608(1)(c) of the Corporations Act 2001 (Cth) as Glentemp Custodian Pty Ltd as trustee for the Glentemp Custodian Trust has the power to restrict the disposal of the Pre-Emptive Shares by the registered holders of such shares, under the Pre-Emptive Rights Agreement between the Two Hills Parties and others a copy of which was attached to thenotice dated24 April 2017. |
25,820,366 ordinary shares |
|
| Abtourk (Vic No. 11) Pty Ltd as trustee for the John Gay Wilson Property trust |
Abtourk (Vic No. 11) Pty Ltd as trustee for the John Gay Wilson Property trust |
Relevant interest under 608(3)(b) of the Act as a result of John Gay Wilson having control of Abtourk (Vic No. 11) Pty Ltd as trustee for the John Gay Wilson Property trust. |
2,670,000 ordinary shares |
Docusign Envelope ID: E6EEF155-D7FB-4FE5-B79F-F13A461368FE
| J.G.W. Investments Pty Ltd |
J.G.W. Investments Pty Ltd |
J.G.W. Investments Pty Ltd |
Relevant interest under 608(1)(a) of the Act as the registered holder. |
16,801,600 ordinary shares |
|---|---|---|---|---|
| Wilaust Holdings Pty Ltd |
Wilaust Holdings Pty Ltd |
Relevant interest under 608(3)(a) of the Act as a result of J.G.W. Investments Pty Ltd having voting power of more than 20% in WilaustHoldingsPtyLtd. |
8,730,000 ordinary shares |
|
| Austral Hardware Pty Ltd |
Austral Hardware Pty Ltd |
Relevant interest under 608(3)(a) of the Act as a result of J.G.W. Investments Pty Ltd having voting power of more than 20% in Wilaust Holdings Pty Ltd. |
14,925,000 ordinary shares |
|
| Austral Hardware (Healesville) Pty Ltd |
Austral Hardware (Healesville) Pty Ltd |
Relevant interest under 608(3)(a) of the Act as a result of J.G.W. Investments Pty Ltd having voting power of more than 20% in WilaustHoldingsPtyLtd. |
12,000,000 ordinary shares |
|
| L.T. Wilson Pty Ltd |
L.T. Wilson Pty Ltd | Relevant interest under 608(3)(a) of the Act as a result of J.G.W. Investments Pty Ltd having voting power of more than 20% in Wilaust Holdings Pty Ltd. |
157,200,000 ordinary shares |
|
| L.T.W Holdings Pty Ltd |
L.T.W Holdings Pty Ltd |
Relevant interest under 608(3)(a) of the Act as a result of J.G.W. Investments Pty Ltd having voting power of more than 20% in Wilaust Holdings Pty Ltd. |
60,000,000 ordinary shares |
|
| Abtourk (Vic No. 11) Pty Ltd as trustee for the John Gay Wilson Property trust |
Abtourk (Vic No. 11) Pty Ltd as trustee for the John Gay Wilson Property trust |
Abtourk (Vic No. 11) Pty Ltd as trustee for the John Gay Wilson Property trust |
Relevant interest under 608(1) of the Act as the registered holder. |
2,670,000 ordinary shares |
Docusign Envelope ID: 56233D16-98D2-4D33-9EC7-7F2001CCF38C
Form 604
Corporations Act 2001 (Cth) (Act) Section 671B
Notice of change of interests of substantial holder
To Company Name/Scheme
Reece Ltd
ACN ~~/ARSN~~
004 313 133
1. Details of substantial holder (1)
Name Leslie Alan Wilson and the other entities listed in Annexure A (together the Substantial Holders)
ACN/ARSN (if applicable) N/A
There was a change in the interests of the substantial holder on See Section 3 The previous notice was given to the company on 04/05/2020 The previous notice was dated 04/05/2020
2. Previous and present voting power
The total number of votes attached to all the voting shares in the company or voting interests in the scheme that the substantial holder or an associate (2) had a relevant interest (3) in when last required, and when now required, to give a substantial holding notice to the company or scheme, are as follows:
| Class of securities (4) | Previous notice | Present notice | ||
|---|---|---|---|---|
| Person’s votes | Voting power (5) | Person’s votes |
Voting power (5) | |
| Ordinary Shares (Shares) | 358,709,180 | 55.53% (based on 645,984,181 shares on issue on 4 May 2020) |
357,709,180 | 57.89% (based on 617,886,428 shares on issue on 20 October 2025) |
3. Changes in relevant interests
Particulars of each change in, or change in the nature of, a relevant interest of the substantial holder or an associate in voting securities of the company or scheme, since the substantial holder was last required to give a substantial holding notice to the company or scheme are as follows:
Docusign Envelope ID: 56233D16-98D2-4D33-9EC7-7F2001CCF38C
| Date of change |
Person whose relevant interest changed |
Nature of change (6) | Consideration given in relation to change (A$) (7) |
Class and number of securities affected |
Person’s votes affected |
|---|---|---|---|---|---|
| 24/12/2024 | Leslie Alan Wilson | Capital distribution pursuant to the trust deed for the LT Wilson Family Trust. |
N/A | 2,000,000 Shares |
2,000,000 |
| 15/03/2025 | Leslie Alan Wilson | Acquisition of Shares pursuant to a share sale agreement between Cub Custodians Pty Ltd as trustee of the Cub Custodian Unit Trust and Geronimo Custodian Pty Ltd as trustee of the Geronimo Custodian Trust dated 15 March 2025. |
$18,831,000 | 1,000,000 Shares |
1,000,000 |
| 20/10/2025 | Leslie Alan Wilson | Increase in voting power as a result of cancellation of Shares pursuant to an off-market buy back |
N/A | 357,709,180 Shares |
357,709,180 |
| 20/10/2025 | WAL Investments Pty Ltd ACN 004 941 780 |
Increase In voting power as a result of cancellation of Shares pursuant to an off-market buy back |
N/A | 269,656,600 Shares |
269,656,600 |
| 20/10/2025 | WAL Assets Pty Ltd as trustee for the Leslie Alan Wilson Property Trust ACN 051 951 663 |
Increase in voting power as a result of cancellation of Shares pursuant to an off-market buy back |
N/A | 2,670,000 Shares |
2,670,000 |
4. Present relevant interests
Particulars of each relevant interest of the substantial holder in voting securities after the change are as follows:
| Holder of relevant interest |
Registered holder of securities |
Person entitled to be registered as holder (8) |
Nature of relevant interest (6) |
Class and number of securities |
Person’s votes |
|---|---|---|---|---|---|
| See Annexure B |
5. Changes in association
The persons who have become associates (2) of, ceased to be associates of, or have changed the nature of their association (9) with, the substantial holder in relation to voting interests in the company or scheme are as follows:
| Name and ACN/ARSN (if applicable) | Nature of association |
|---|---|
| N/A | N/A |
6. Addresses
The addresses of persons named in this form are as follows:
| Name | Address |
|---|---|
| Leslie Alan Wilson | C/- Pitcher Partners, Level 13, 664 Collins Street, Docklands, Victoria 3008 |
Docusign Envelope ID: 56233D16-98D2-4D33-9EC7-7F2001CCF38C
The Other Substantial Holders named in Annexure C/- Pitcher Partners, Level 13, 664 Collins Street, Docklands, Victoria 3008 A
Signature
| print name sign here |
Leslie Alan Wilson Capacity Director |
Leslie Alan Wilson Capacity Director |
|---|---|---|
| Date 22/10/2025 |
12:21 PM AEDT | |
Docusign Envelope ID: 56233D16-98D2-4D33-9EC7-7F2001CCF38C
Annexure “A” to Form 604
This is Annexure “A” referred to in Form 604 – Notice of change of interests of substantial holder signed by me and dated 22 October 2025.
==> picture [109 x 37] intentionally omitted <==
Signed
Leslie Alan Wilson
Name
Director
Capacity
Substantial Holders
-
Leslie Alan Wilson
-
WAL Investments Pty Ltd
-
WAL Assets Pty Ltd as trustee for the Leslie Alan Wilson Property Trust ACN 051 951 663
Docusign Envelope ID: 56233D16-98D2-4D33-9EC7-7F2001CCF38C
Annexure “B” to Form 604
This is Annexure “B” referred to in Form 604 – Notice of change of interests of substantial holder signed by me and dated 22 October 2025.
Signed
Leslie Alan Wilson
Name
Director
Capacity
| Holder of relevant interest |
Registered Holder of Securities |
Person entitled to be registered as holder |
Nature of relevant interest | Class and number of securities |
|---|---|---|---|---|
| Leslie Alan Wilson |
Leslie Alan Wilson |
Leslie Alan Wilson | Relevant interest under 608(1)(a) of the Act as the registered holder. |
607,500 ordinary shares |
| WAL Investments Pty Ltd |
WAL Investments Pty Ltd |
Relevant interest under 608(3)(b) of the Act as a result of Leslie Alan Wilson's control of WAL Investments Pty Ltd (as Governing Director). |
16,801,600 ordinary shares |
|
| Wilaust Holdings Pty Ltd |
Wilaust Holdings Pty Ltd |
Relevant interest under 608(3)(b) of the Act as a result of Leslie Alan Wilson's control of WAL Investments Pty Ltd (as Governing Director). |
8,730,000 ordinary shares |
|
| Austral Hardware Pty Ltd |
Austral Hardware Pty Ltd |
Relevant interest under 608(3)(b) of the Act as a result of Leslie Alan Wilson's control of WAL Investments Pty Ltd (as Governing Director). |
14,925,000 ordinary shares |
|
| Austral Hardware (Healesville) Pty Ltd |
Austral Hardware (Healesville) Pty Ltd |
Relevant interest under 608(3)(b) of the Act as a result of Leslie Alan Wilson's control of WAL Investments Pty Ltd (as Governing Director). |
12,000,000 ordinary shares |
|
| L.T. Wilson Pty Ltd |
L.T. Wilson Pty Ltd | Relevant interest under 608(3)(b) of the Act as a result of Leslie Alan Wilson's control of WAL Investments Pty Ltd (as Governing Director). |
157,200,000 ordinary shares |
|
| Addawarra Nominees Pty Ltd as trustee for the LT Wilson Family Trust |
Addawarra Nominees Pty Ltd as trustee for the LT Wilson Family Trust |
Relevant interest under 608(3)(b) of the Act as a result of Leslie Alan Wilson's control of WAL Investments Pty Ltd (as Governing Director). |
9,550,000 ordinary shares |
|
| L.T.W Holdings Pty Ltd |
L.T.W Holdings Pty Ltd |
Relevant interest under 608(3)(b) of the Act as a result of Leslie Alan Wilson's control of WAL Investments Pty Ltd (as Governing Director). |
60,000,000 ordinary shares |
|
| Warramunda Investments Pty Ltd |
Warramunda Investments Pty Ltd |
Relevant interest under 608(3)(b) of the Act as a result of Leslie Alan Wilson's control of WAL Investments Pty Ltd (as Governing Director). |
48,645,000 ordinary shares |
|
| Geronimo Custodian Pty Ltd as trustee for the Geronimo Custodian Trust |
Geronimo Custodian Pty Ltd as trustee for the Geronimo Custodian Trust |
Relevant interest under section 608(1)(c) of the Corporations Act 2001 (Cth) as Geronimo Custodian Pty Ltd as trustee for the Geronimo Custodian Trust has the power to restrict the disposal of the Pre- Emptive Shares by the registered holders of such shares, under the Pre-Emptive Rights Agreement between the Two Hills Parties and others a copy of which was attached to the notice dated 24 April 2017. |
26,580,080 ordinary shares |
|
| WAL Assets Pty Ltd as trustee for the Leslie Alan Wilson Property Trust |
WAL Assets Pty Ltd as trustee for the Leslie Alan Wilson Property Trust |
Relevant interest under 608(3)(b) of the Act as a result of Leslie Alan Wilson having control of WAL Assets Pty Ltd as trustee for the Leslie Alan Wilson Property Trust. |
2,670,000 ordinary shares |
Docusign Envelope ID: 56233D16-98D2-4D33-9EC7-7F2001CCF38C
| WAL Investments Pty Ltd |
WAL Investments Pty Ltd |
WAL Investments Pty Ltd |
Relevant interest under 608(1)(a) of the Act as the registered holder. |
16,801,600 ordinary shares |
|---|---|---|---|---|
| Wilaust Holdings Pty Ltd |
Wilaust Holdings Pty Ltd |
Relevant interest under 608(3)(a) of the Act as a result of WAL Investments Pty Ltd having voting power of more than 20% in WilaustHoldingsPtyLtd. |
8,730,000 ordinary shares |
|
| Austral Hardware Pty Ltd |
Austral Hardware Pty Ltd |
Relevant interest under 608(3)(a) of the Act as a result of WAL Investments Pty Ltd having voting power of more than 20% in Wilaust Holdings Pty Ltd. |
14,925,000 ordinary shares |
|
| Austral Hardware (Healesville) Pty Ltd |
Austral Hardware (Healesville) Pty Ltd |
Relevant interest under 608(3)(a) of the Act as a result of WAL Investments Pty Ltd having voting power of more than 20% in WilaustHoldingsPtyLtd. |
12,000,000 ordinary shares |
|
| L.T. Wilson Pty Ltd |
L.T. Wilson Pty Ltd | Relevant interest under 608(3)(a) of the Act as a result of WAL Investments Pty Ltd having voting power of more than 20% in Wilaust Holdings Pty Ltd. |
157,200,000 ordinary shares |
|
| L.T.W Holdings Pty Ltd |
L.T.W Holdings Pty Ltd |
Relevant interest under 608(3)(a) of the Act as a result of WAL Investments Pty Ltd having voting power of more than 20% in Wilaust Holdings Pty Ltd. |
60,000,000 ordinary shares |
|
| WAL Assets Pty Ltd as trustee for the Leslie Alan Wilson Property Trust |
WAL Assets Pty Ltd as trustee for the Leslie Alan Wilson Property Trust |
WAL Assets Pty Ltd as trustee for the Leslie Alan Wilson Property Trust |
Relevant interest under 608(1) of the Act as the registered holder. |
2,670,000 ordinary shares |
Docusign Envelope ID: 9FBE47D6-EE39-49A7-B343-9160D3231F50
Form 604
Corporations Act 2001 (Cth) (Act) Section 671B
Notice of change of interests of substantial holder
To Company Name/Scheme
Reece Ltd
ACN ~~/ARSN~~ 004 313 133
1. Details of substantial holder (1)
Name Bruce Walter Campbell Wilson and the other entities listed in Annexure A (together the Substantial Holders).
ACN/ARSN (if applicable) N/A
There was a change in the interests of the substantial holder on See Section 3 The previous notice was given to the company on 04/05/2020 The previous notice was dated 04/05/2020
2. Previous and present voting power
The total number of votes attached to all the voting shares in the company or voting interests in the scheme that the substantial holder or an associate (2) had a relevant interest (3) in when last required, and when now required, to give a substantial holding notice to the company or scheme, are as follows:
| Class of securities (4) | Previous notice | Present notice | ||
|---|---|---|---|---|
| Person’s votes | Voting power (5) | Person’s votes |
Voting power (5) | |
| Ordinary Shares (Shares) | 336,665,823 | 52.12% (based on 645,984,181 shares on issue on 4 May 2020) |
332,665,823 | 53.84% (based on 617,886,428 shares on issue on 20 October 2025) |
3. Changes in relevant interests
Particulars of each change in, or change in the nature of, a relevant interest of the substantial holder or an associate in voting securities of the company or scheme, since the substantial holder was last required to give a substantial holding notice to the company or scheme are as follows
Docusign Envelope ID: 9FBE47D6-EE39-49A7-B343-9160D3231F50
| Date of change |
Person whose relevant interest changed |
Nature of change (6) | Consideration given in relation to change (A$) (7) |
Class and number of securities affected |
Person’s votes affected |
|---|---|---|---|---|---|
| 24/12/2024 | Bruce Walter Campbell Wilson |
Capital distribution pursuant to the trust deed for the LT Wilson Family Trust. |
N/A | 2,000,000 Shares |
2,000,000 |
| 15/03/2025 | Bruce Walter Campbell Wilson |
Disposal of Shares pursuant to a share sale agreement between Cub Custodians Pty Ltd as trustee of the Cub Custodian Unit Trust and Glentemp Custodian Pty Ltd as trustee of the Glentemp Custodian Trust dated 15 March 2025. |
$18,831,000 | 1,000,000 Shares |
1,000,000 |
| 15/03/2025 | Bruce Walter Campbell Wilson |
Disposal of Shares pursuant to a share sale agreement between Cub Custodians Pty Ltd as trustee of the Cub Custodian Unit Trust and Geronimo Custodian Pty Ltd as trustee of the Geronimo Custodian Trust dated 15 March 2025. |
$18,831,000 | 1,000,000 Shares |
1,000,000 |
| 20/10/2025 | Bruce Walter Campbell Wilson |
Increase in voting power as a result of cancellation of Shares pursuant to an off-market buy back |
N/A | 334,665,823 Shares |
334,665,823 |
| 20/10/2025 | Florizel Investments Pty Ltd ACN 004 937 026 |
Increase in voting power as a result of cancellation of Shares pursuant to an off-market buy back |
N/A | 269,656,600 Shares |
269,656,600 |
| 20/10/2025 | Tyara Pty Ltd as trustee for the Bruce WC Wilson Property Trust ACN 005 207 278 |
Increase in voting power as a result of cancellation of Shares pursuant to an off-market buy back |
N/A | 2,670,000 Shares |
2,670,000 |
4. Present relevant interests
Particulars of each relevant interest of the substantial holder in voting securities after the change are as follows:
| Holder of relevant interest |
Registered holder of securities |
Person entitled to be registered as holder (8) |
Nature of relevant interest (6) |
Class and number of securities |
Person’s votes |
|---|---|---|---|---|---|
| See Annexure B |
5. Changes in association
The persons who have become associates (2) of, ceased to be associates of, or have changed the nature of their association (9) with, the substantial holder in relation to voting interests in the company or scheme are as follows:
| Name and ACN/ARSN (if applicable) | Nature of association |
|---|---|
| N/A | N/A |
6. Addresses
Docusign Envelope ID: 9FBE47D6-EE39-49A7-B343-9160D3231F50
The addresses of persons named in this form are as follows:
| Name | Address |
|---|---|
| Bruce Walter Campbell Wilson | C/- Pitcher Partners, Level 13, 664 Collins Street, Docklands, Victoria 3008 |
| The Other Substantial Holders named in Annexure A |
C/- Pitcher Partners, Level 13, 664 Collins Street, Docklands, Victoria 3008 |
Signature
print name Bruce Walter Campbell Wilson Capacity Director sign here Date 22/10/2025 | 10:23 AM AEDT
Docusign Envelope ID: 9FBE47D6-EE39-49A7-B343-9160D3231F50
Annexure “A” to Form 604
This is Annexure “A” referred to in Form 604 – Notice of change of interests of substantial holder signed by me and dated 22 October 2025.
Signed
Bruce Walter Campbell Wilson Name
Director
Capacity
Substantial Holders
-
Bruce Walter Campbell Wilson
-
Florizel Investments Pty Ltd ACN 004 937 026
-
Tyara Pty Ltd as trustee for the Bruce WC Wilson Property Trust ACN 005 207 278
Docusign Envelope ID: 9FBE47D6-EE39-49A7-B343-9160D3231F50
Annexure “B” to Form 604
This is Annexure “B” referred to in Form 604 – Notice of change of interests of substantial holder signed by me and dated 22 October 2025.
Signed
Bruce Walter Campbell Wilson
Name
Director
Capacity
| Holder of relevant interest |
Registered Holder of Securities |
Person entitled to be registered as holder |
Nature of relevant interest(7) | Class and number of securities |
|---|---|---|---|---|
| Bruce Walter Campbell Wilson |
Bruce Walter Campbell Wilson |
Bruce Walter Campbell Wilson |
Relevant interest under 608(1)(a) of the Act as the registered holder. |
20,000 ordinary shares |
| Florizel Investments Pty Ltd |
Florizel Investments Pty Ltd |
Relevant interest under 608(3)(b) of the Act as a result of Bruce Walter Campbell Wilson's control of Florizel Investments Pty Ltd (as Governing Director). |
16,801,600 ordinary shares |
|
| Wilaust Holdings Pty Ltd |
Wilaust Holdings Pty Ltd |
Relevant interest under 608(3)(b) of the Act as a result of Bruce Walter Campbell Wilson's control of Florizel Investments Pty Ltd (as GoverningDirector). |
8,730,000 ordinary shares |
|
| Austral Hardware Pty Ltd |
Austral Hardware Pty Ltd |
Relevant interest under 608(3)(b) of the Act as a result of Bruce Walter Campbell Wilson's control of Florizel Investments Pty Ltd (as Governing Director). |
14,925,000 ordinary shares |
|
| Austral Hardware (Healesville) Pty Ltd |
Austral Hardware (Healesville) Pty Ltd |
Relevant interest under 608(3)(b) of the Act as a result of Bruce Walter Campbell Wilson's control of Florizel Investments Pty Ltd (as Governing Director). |
12,000,000 ordinary shares |
|
| L.T. Wilson Pty Ltd |
L.T. Wilson Pty Ltd | Relevant interest under 608(3)(b) of the Act as a result of Bruce Walter Campbell Wilson's control of Florizel Investments Pty Ltd (as Governing Director). |
157,200,000 ordinary shares |
|
| Addawarra Nominees Pty Ltd as trustee for the LT Wilson Family Trust |
Addawarra Nominees Pty Ltd as trustee for the LT Wilson Family Trust |
Relevant interest under 608(3)(b) of the Act as a result of Bruce Walter Campbell Wilson's control of Florizel Investments Pty Ltd (as Governing Director). |
9,550,000 ordinary shares |
|
| L.T.W Holdings Pty Ltd |
L.T.W Holdings Pty Ltd |
Relevant interest under 608(3)(b) of the Act as a result of Bruce Walter Campbell Wilson's control of Florizel Investments Pty Ltd (as Governing Director). |
60,000,000 ordinary shares |
|
| Warramunda Investments Pty Ltd |
Warramunda Investments Pty Ltd |
Relevant interest under 608(3)(b) of the Act as a result of Bruce Walter Campbell Wilson's control of Florizel Investments Pty Ltd (as GoverningDirector). |
48,645,000 ordinary shares |
|
| Cub Custodian Pty Ltd as trustee for the Cub Custodian Unit Trust |
Cub Custodian Pty Ltd as trustee for the Cub Custodian Unit Trust |
Relevant interest under section 608(1)(c) of the Corporations Act 2001 (Cth) as Cub Custodian Pty Ltd as trustee for the Cub Custodian Unit Trust has the power to restrict the disposal of the Pre-Emptive Shares by the registered holders of such shares, under the Pre-Emptive Rights Agreement between the Two Hills Parties and others a copy of which was attached to the notice dated 24 April 2017. |
2,124,223 ordinary shares |
|
| Tyara Pty Ltd as trustee for the Bruce WC Wilson Property Trust |
Tyara Pty Ltd as trustee for the Bruce WC Wilson Property Trust |
Relevant interest under 608(3)(b) of the Act as a result of Bruce Walter Campbell Wilson's control of Tyara Pty Ltd as trustee for the Bruce WC Wilson Property Trust. |
2,670,000 ordinary shares |
Docusign Envelope ID: 9FBE47D6-EE39-49A7-B343-9160D3231F50
| Florizel Investments Pty Ltd |
Florizel Investments Pty Ltd |
Florizel Investments Pty Ltd |
Relevant interest under 608(1)(a) of the Act as the registered holder. |
16,801,600 ordinary shares |
|---|---|---|---|---|
| Wilaust Holdings Pty Ltd |
Wilaust Holdings Pty Ltd |
Relevant interest under 608(3)(a) of the Act as a result of Florizel Investments Pty Ltd having voting power of more than 20% in WilaustHoldingsPtyLtd. |
8,730,000 ordinary shares |
|
| Austral Hardware Pty Ltd |
Austral Hardware Pty Ltd |
Relevant interest under 608(3)(a) of the Act as a result of Florizel Investments Pty Ltd having voting power of more than 20% in Wilaust Holdings Pty Ltd. |
14,925,000 ordinary shares |
|
| Austral Hardware (Healesville) Pty Ltd |
Austral Hardware (Healesville) Pty Ltd |
Relevant interest under 608(3)(a) of the Act as a result of Florizel Investments Pty Ltd having voting power of more than 20% in WilaustHoldingsPtyLtd. |
12,000,000 ordinary shares |
|
| L.T. Wilson Pty Ltd |
L.T. Wilson Pty Ltd | Relevant interest under 608(3)(a) of the Act as a result of Florizel Investments Pty Ltd having voting power of more than 20% in Wilaust Holdings Pty Ltd. |
157,200,000 ordinary shares |
|
| L.T.W Holdings Pty Ltd |
L.T.W Holdings Pty Ltd |
Relevant interest under 608(3)(a) of the Act as a result of Florizel Investments Pty Ltd having voting power of more than 20% in Wilaust Holdings Pty Ltd. |
60,000,000 ordinary shares |
|
| Tyara Pty Ltd as trustee for the Bruce WC Wilson Property Trust |
Tyara Pty Ltd as trustee for the Bruce WC Wilson Property Trust |
Tyara Pty Ltd as trustee for the Bruce WC Wilson Property Trust |
Relevant interest under 608(1) of the Act as the registered holder. |
2,670,000 ordinary shares |
Docusign Envelope ID: 56233D16-98D2-4D33-9EC7-7F2001CCF38C
Form 604
Corporations Act 2001 (Cth) (Act) Section 671B
Notice of change of interests of substantial holder
To Company Name/Scheme
Reece Ltd
ACN ~~/ARSN~~ 004 313 133
1. Details of substantial holder (1)
Name Wilaust Holdings Pty Ltd ACN 004 796 927 and the other entities listed in Annexure A (together the Substantial Holders).
ACN/ARSN (if applicable) N/A
There was a change in the interests of the substantial holder on See Section 3 The previous notice was given to the company on 04/05/2020 The previous notice was dated 04/05/2020
2. Previous and present voting power
The total number of votes attached to all the voting shares in the company or voting interests in the scheme that the substantial holder or an associate (2) had a relevant interest (3) in when last required, and when now required, to give a substantial holding notice to the company or scheme, are as follows:
| Class of securities (4) | Previous notice | Present notice | ||
|---|---|---|---|---|
| Person’s votes | Voting power (5) | Person’s votes |
Voting power (5) | |
| Ordinary Shares (Shares) | 313,050,000 | 48.46% (based on 645,984,181 shares on issue on 4 May 2020) |
311,050,000 | 50.34% (based on 617,886,428 shares on issue on 20 October 2025) |
3. Changes in relevant interests
Particulars of each change in, or change in the nature of, a relevant interest of the substantial holder or an associate in voting securities of the company or scheme, since the substantial holder was last required to give a substantial holding notice to the company or scheme are as follows
Docusign Envelope ID: 56233D16-98D2-4D33-9EC7-7F2001CCF38C
| Date of change |
Person whose relevant interest changed |
Nature of change (6) | Consideration given in relation to change (A$) (7) |
Class and number of securities affected |
Person’s votes affected |
|---|---|---|---|---|---|
| 24/12/2024 | Wilaust Holdings Pty Ltd | Capital distribution pursuant to the trust deed for the LT Wilson Family Trust. |
N/A | 2,000,000 Shares |
2,000,000 |
| 24/12/2024 | Addawarra Nominees Pty Ltd as trustee for the LT Wilson Family Trust |
Capital distribution pursuant to the trust deed for the LT Wilson Family Trust. |
N/A | 2,000,000 Shares |
2,000,000 |
| 20/10/2025 | Wilaust Holdings Pty Ltd | Increase in voting power as a result of cancellation of Shares pursuant to an off-market buy back |
N/A | Shares | 311,050,000 |
| 20/10/2025 | Addawarra Nominees Pty Ltd as trustee for the LT Wilson Family Trust |
Increase in voting power as a result of cancellation of Shares pursuant to an off-market buy back |
N/A | Shares | 275,395,000 |
| 20/10/2025 | Warramunda Investments Pty Ltd |
Increase in voting power as a result of cancellation of Shares pursuant to an off-market buy back |
N/A | Shares | 265,845,000 |
| 20/10/2025 | L.T.W Holdings Pty Ltd | Increase in voting power as a result of cancellation of Shares pursuant to an off-market buy back |
N/A | Shares | 217,200,000 |
| 20/10/2025 | L.T. Wilson Pty Ltd | Increase in voting power as a result of cancellation of Shares pursuant to an off-market buy back |
N/A | Shares | 157,200,000 |
| 20/10/2025 | Austral Hardware Pty Ltd |
Increase in voting power as a result of cancellation of Shares pursuant to an off-market buy back |
N/A | Shares | 14,925,000 |
| 20/10/2025 | Austral Hardware (Healesville) Pty Ltd |
Increase in voting power as a result of cancellation of Shares pursuant to an off-market buy back |
N/A | Shares | 12,000,000 |
4. Present relevant interests
Particulars of each relevant interest of the substantial holder in voting securities after the change are as follows:
| Holder of relevant interest |
Registered holder of securities |
Person entitled to be registered as holder (8) |
Nature of relevant interest (6) |
Class and number of securities |
Person’s votes |
|---|---|---|---|---|---|
| See Annexure B |
5. Changes in association
The persons who have become associates (2) of, ceased to be associates of, or have changed the nature of their association (9) with, the substantial holder in relation to voting interests in the company or scheme are as follows:
Name and ACN/ARSN (if applicable)
Nature of association
Docusign Envelope ID: 56233D16-98D2-4D33-9EC7-7F2001CCF38C
N/A N/A
6. Addresses
The addresses of persons named in this form are as follows:
Name Address The Other Substantial Holders named in Annexure C/- Pitcher Partners, Level 13, 664 Collins Street, Docklands, Victoria 3008 A
Signature
| print name sign here |
Capacity Leslie Alan Wilson Director |
Capacity Leslie Alan Wilson Director |
|---|---|---|
| Date 22/10/2025 |
12:21 PM AEDT | |
Docusign Envelope ID: 56233D16-98D2-4D33-9EC7-7F2001CCF38C
Annexure “A” to Form 604
This is Annexure “A” referred to in Form 604 – Notice of change of interests of substantial holder signed by me and dated 22 October 2025.
==> picture [109 x 37] intentionally omitted <==
Signed
Leslie Alan Wilson
Name
Director
Capacity
Substantial Holders
-
1 Wilaust Holdings Pty Ltd ACN 004 796 927
-
2 Addawarra Nominees Pty Ltd as trustee for the LT Wilson Trust ACN 004 937 062
-
3 Warramunda Investments Pty Ltd ACN 004 937 053
-
4 L.T.W Holdings Pty Ltd ACN 004 913 106
-
5 L.T. Wilson Pty Ltd ACN 004 338 363
-
6 Austral Hardware Pty Ltd ACN 004 457 443
-
7 Austral Hardware (Healesville) Pty Ltd ACN 004 687 263
Docusign Envelope ID: 56233D16-98D2-4D33-9EC7-7F2001CCF38C
Annexure “B” to Form 604
This is Annexure “B” referred to in Form 604 – Notice of change of interests of substantial holder signed by me and dated 22 October 2025.
Signed
Leslie Alan Wilson
Name
Director
Capacity
| Holder of relevant interest |
Registered Holder of Securities |
Person entitled to be registered as holder |
Nature of relevant interest | Class and number of securities |
|---|---|---|---|---|
| Wilaust Holdings Pty Ltd |
Wilaust HoldingsPtyLtd |
Wilaust Holdings Pty Ltd |
Relevant interest under 608(1)(a) of the Act as theregisteredholder. |
8,730,000 ordinary shares |
| Austral Hardware Pty Ltd |
Austral Hardware Pty Ltd |
Relevant interest under 608(3)(a) of the Act as a result of Wilaust Holdings Pty Ltd having voting power of more than 20% in Austral Hardware Pty Ltd. |
14,925,000 ordinary shares |
|
| Austral Hardware (Healesville) Pty Ltd |
Austral Hardware (Healesville) Pty Ltd |
Relevant interest under 608(3)(a) of the Act as a result of Wilaust Holdings Pty Ltd having voting power of more than 20% in Austral Hardware (Healesville) Pty Ltd. |
12,000,000 ordinary shares |
|
| L.T. Wilson Pty Ltd |
L.T. Wilson Pty Ltd | Relevant interest under 608(3)(a) of the Act as a result of Wilaust Holdings Pty Ltd having voting power of more than 20% in L.T. Wilson PtyLtd. |
157,200,000 ordinary shares |
|
| Addawarra Nominees Pty Ltd as trustee for the LT Wilson Family Trust |
Addawarra Nominees Pty Ltd as trustee for the LT Wilson Family Trust |
Relevant interest under 608(3)(b) of the Act as a result of Wilaust Holdings Pty Ltd’s control of Addawarra Nominees Pty Ltd as trustee for the LT Wilson Family Trust. |
9,550,000 ordinary shares |
|
| Warramunda Investments Pty Ltd |
Warramunda Investments Pty Ltd |
Relevant interest under 608(3)(b) of the Act as a result of Wilaust Holdings Pty Ltd’s control of Addawarra Nominees Pty Ltd as trustee for the LT Wilson Family Trust. |
48,645,000 ordinary shares |
|
| L.T.W Holdings Pty Ltd |
L.T.W Holdings Pty Ltd |
Relevant interest under 608(3)(b) of the Act as a result of Wilaust Holdings Pty Ltd’s control of Addawarra Nominees Pty Ltd as trusteefortheLT Wilson FamilyTrust. |
60,000,000 ordinary shares |
|
| Addawarra Nominees Pty Ltd as trustee for the LT Wilson Family Trust |
Addawarra Nominees Pty Ltd as trustee for the LT Wilson Family Trust |
Addawarra Nominees Pty Ltd as trustee for the LT Wilson Family Trust |
Relevant interest under 608(1)(a) of the Act as the registered holder. |
9,550,000 ordinary shares |
| Warramunda Investments Pty Ltd |
Warramunda Investments Pty Ltd |
Relevant interest under 608(3)(a) of the Act as a result of Addawarra Nominees Pty Ltd as trustee for the LT Wilson Family Trust having voting power of more than 20% in Warramunda Investments Pty Ltd. |
48,645,000 ordinary shares |
|
| L.T.W Holdings Pty Ltd |
L.T.W Holdings Pty Ltd |
Relevant interest under 608(3)(a) of the Act as a result of Addawarra Nominees Pty Ltd as trustee for the LT Wilson Family Trust having voting power of more than 20% in L.T.W Holdings Pty Ltd. |
60,000,000 ordinary shares |
|
| L.T. Wilson Pty Ltd |
L.T. Wilson Pty Ltd | Relevant interest under 608(3)(a) of the Act as a result of Addawarra Nominees Pty Ltd as trustee for the LT Wilson Family Trust having voting power of more than 20% in L.T. Wilson Pty Ltd. |
157,200,000 ordinary shares |
Docusign Envelope ID: 56233D16-98D2-4D33-9EC7-7F2001CCF38C
| Warramunda Investments Pty Ltd |
Warramunda Investments Pty Ltd |
Warramunda Investments Pty Ltd |
Relevant interest under 608(1)(a) of the Act as the registered holder. |
48,645,000 ordinary shares |
|---|---|---|---|---|
| L.T.W Holdings Pty Ltd |
L.T.W Holdings Pty Ltd |
Relevant interest under 608(3)(a) of the Act as a result of Warramunda Investments Pty Ltd having voting power of more than 20% in L.T.W Holdings Pty Ltd. |
60,000,000 ordinary shares |
|
| L.T. Wilson Pty Ltd |
L.T. Wilson Pty Ltd | Relevant interest under 608(3)(a) of the Act as a result of Warramunda Investments Pty Ltd having voting power of more than 20% in L.T. Wilson PtyLtd. |
157,200,000 ordinary shares |
|
| L.T.W Holdings Pty Ltd |
L.T.W Holdings Pty Ltd |
L.T.W Holdings Pty Ltd |
Relevant interest under 608(1)(a) of the Act as the registered holder. |
60,000,000 ordinary shares |
| L.T. Wilson Pty Ltd |
L.T. Wilson Pty Ltd | Relevant interest under 608(3)(a) of the Act as a result of L.T.W Holdings Pty Ltd having voting power of more than 20% in L.T. Wilson PtyLtd. |
157,200,000 ordinary shares |
|
| L.T. Wilson Pty Ltd |
L.T. Wilson Pty Ltd |
L.T. Wilson Pty Ltd | Relevant interest under 608(1)(a) of the Act as the registered holder. |
157,200,000 ordinary shares |
| Austral Hardware Pty Ltd |
Austral Hardware Pty Ltd |
Austral Hardware Pty Ltd |
Relevant interest under 608(1)(a) of the Act as the registered holder. |
14,925,000 ordinary shares |
| Austral Hardware (Healesville) Pty Ltd |
Austral Hardware (Healesville) Pty Ltd |
Austral Hardware (Healesville) Pty Ltd |
Relevant interest under 608(1)(a) of the Act as the registered holder. |
12,000,000 ordinary shares |