Director/PDMR Shareholding
Wellnex Life Limited has lodged a late Appendix 3Y due to an administrative oversight during the holiday period, detailing off-market share transfers effective December 22, 2025, where Homart Group transferred 1,285,409 shares valued at $732,795.85 to JYSF Management Pty Ltd and MYLY Management Pty Ltd. These entities will now operate independently from Mr. Jeffrey Yeh and his associates, with Homart Group's shareholding in Wellnex Life reducing to 2,141,601 shares.
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Wellnex Life Limited (ASX/AIM:WNX) ("Wellnex Life" or the "Company") refers to the attached Appendix 3Y which is lodged later than the 5 business day period as required pursuant to ASX Listing Rule 3.19A.2.
The late lodgement is due to administrative oversight during the Christmas and New Year holiday period. The Company is aware of its obligations under ASX Listing Rule 3.19A, and under the relevant regulations in the United Kingdom, and has appropriate process in place to ensure timely lodgement of the forms.
Off-Market Share Transfer and Dissociation of Homart Group Pty Ltd (Homart Group)
The Appendix 3Y attached refers to recent internal share transfers within associates of the Homart Group via off market transfers, effective 22 December 2025 as outlined in the table below.
The Company was advised by Mr. Jeffery Yeh (director of Wellnex Life and Homart Group Pty Ltd) of these changes in the table below as a result of internal changes made within the Homart Group. It is important to note that no shares were sold by Homart Group on market:
| From | To | Number of Shares |
|---|---|---|
| Homart Group | JYSF Management Pty Ltd (ATF JYSF Trust) | 890,609 |
| Homart Group | MYLY Management Pty Ltd (ATF MYLY Trust) | 394,800 |
| Total | 1,285,409 |
The Company was also advised by Mr. Jeffrey Yeh that Homart Group Pty Ltd and MYLY Management Pty Ltd now have their own independent boards and these entities will independently decide and act on their own rights for their Wellnex Life, separately from Mr. Jeffrey Yeh and his associates' holdings. Therefore, these two entities are no longer associated with Mr. Jeffrey Yeh. Accordingly, the relevant ASIC forms (604 and 605) will be lodged shortly to reflect these changes.
Mr Jeffrey Yeh is a director and a substantial shareholder in Homart Group and is the ultimate beneficial owner of JYSF Management Pty Ltd (ATF JYSF Trust) and Kirby Superannuation Pty Ltd (ATF Kirby Superannuation Fund).
This ASX/AIM announcement has been authorised by the Board of Wellnex Life Limited (ASX/AIM:WNX).
Introduced 30/09/01 Amended 01/01/11
Name of entity: Wellnex Life Limited
ABN: 77 150 759 363
| Name of Director | Jeffrey Yeh |
| Date of last notice | 25 July 2025 |
Part 1 - Change of director's relevant interests in securities
| Direct or indirect interest | Indirect |
| Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest. | Beneficial owner of: · Kirby Superannuation Pty Ltd (ATF Kirby Superannuation Fund) · JYSF Management Pty Ltd (ATF JYSF Trust) · Homart Group Pty Ltd |
| Date of change | 22 December 2025 |
| No. of securities held prior to change | Total shares = 6,959,487 These are made up of: · Kirby Superannuation Pty Ltd (ATF Kirby Superannuation Fund) 903,296 Shares · JYSF Management Pty Ltd (ATF JYSF Trust) 2,629,181 Shares · Homart Group Pty Ltd 3,427,010 Shares |
| Class | Fully Paid Ordinary Shares |
| Number acquired | · 890,609 (off-market transfer from Homart Group Pty Ltd to JYSF Management Pty Ltd (ATF JYSF Trust) |
| Number disposed | · 1,285,409 (off-market transfer from Homart Group Pty Ltd to JYSF Management Pty Ltd (ATF JYSF Trust) and another entity) - see ASX cover announcement for more explanation. |
| Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation | $ 732,795.85 |
| No. of securities held after change | Total shares = 6,564,687 These are made up of: · Kirby Superannuation Pty Ltd (ATF Kirby Superannuation Fund) 903,296 Shares · JYSF Management Pty Ltd (ATF JYSF Trust) 3,519,790 Shares · Homart Group Pty Ltd 2,141,601 Shares |
| Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back | Off-market transfer - see ASX cover announcement for more explanation |
| Part 2 - Change of director's interests in contracts | |
| Detail of contract | n/a |
| Nature of interest | n/a |
| Name of registered holder (if issued securities) | n/a |
| Date of change | n/a |
| No. and class of securities to which interest related prior to change Note: Details are only required for a contract in relation to which the interest has changed | n/a |
| Interest acquired | n/a |
| Interest disposed | n/a |
| Value/Consideration Note: If consideration is non-cash, provide details and an estimated valuation | n/a |
| Interest after change | n/a |
| Part 3 - +Closed period | |
| If so, was prior written clearance provided to allow the trade to proceed during this period? | n/a |
| If prior written clearance was provided, on what date was this provided? | n/a |
+ See chapter 19 for defined terms.
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.