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Steadfast Group Limited (ASX:SDF)

ALERT: Price-sensitive ASX Announcement for SDF
Current share price for SDF : $5.820 0.06 (1.04%)+
Announcement
Release
2 Oct 2026 9:51AM
Price at Release
$5.760
Full Release
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Summary
Steadfast Group Limited announced that it had received and released a notice from Pentwater Capital Management LP under the Australian Takeovers Panel Guidance Note 20 – Equity Derivatives, disclosing Pentwater’s long equity derivative position in Steadfast. The attached notice states that, as at 30 September 2026, Pentwater’s equity derivatives related to 79,134,093 ordinary shares in Steadfast, up from 60,634,093 ordinary shares previously disclosed on 9 September 2026, and that the derivative exposure was through cash-settled equity swaps. The notice says no price terms were applicable, Pentwater had no other associates with long equity derivative positions or relevant interests in the company, and there were no short equity derivative positions offsetting the long exposure. Steadfast also noted the announcement was authorised by its Disclosure Committee and included a general description of its insurance broking, agency network, underwriting agency and Lloyd’s broking operations across Australia, New Zealand, Singapore and the USA.
Key Points
  • Steadfast Group Limited released a market announcement on 2 October 2026 ???? disclosure under Takeovers Panel Guidance Note 20 – Equity Derivatives.
  • The announcement states Steadfast received an attached notice from Pentwater Capital Management LP pursuant to GN 20.
  • Pentwater disclosed a long equity derivative position relating to Steadfast ordinary shares.
  • As at 30 September 2026, the equity derivatives related to 79,134,093 ordinary shares in Steadfast.
  • The derivative exposure was described as cash-settled equity swaps.
  • This represented a change from 60,634,093 ordinary shares previously disclosed on 9 September 2026.
  • The notice states no price, reference price, strike price or option price was applicable.
  • Pentwater said it had no other associates with a long equity derivative position or relevant interest in Steadfast.
  • Pentwater disclosed that there were no short equity derivative positions offsetting the long position.
  • Steadfast said the announcement was authorised by the Steadfast Disclosure Committee.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.