The following information is being disclosed for the purposes of Rule 26 of the AIM Rules.
In accordance with AIM Rule 26 and Market Abuse Regulation, the Company’s announcements will be available for a period of at least 5 years.
The Company is not resident in the UK, Channel Islands or the Isle of Man and is therefore not subject to the UK Takeover Code. As an Australian publicly listed company, a takeover of the Company is governed by Chapter 6 of the Australian Corporations Act.
Updated on 21 March 2025.
Wellnex Life Limited (the “Company” and together with its subsidiaries the “Group”) is an Australian incorporated company based in Melbourne, Victoria, Australia, and is in the business of developing, licensing, marketing and distributing consumer healthcare and pharmaceutical products, available in leading retailers and wholesalers across Australia, including Coles, Woolworths, Chemist Warehouse, Sigma and Symbion. One of the Company’s brands (‘Mr Bright’) is also available in the UK through retailers Superdrug and TK Maxx.
Read more about us here.
The Company is incorporated in Australia and its main country of operation is Australia.
As the Company is incorporated in Australia, it is not subject to the UK City Code on Takeovers and Mergers, however it is subject to the Australian Corporations Act and therefore any potential takeover of the Company would be subject to the relevant provisions on takeovers and mergers as set out in Chapter 6 of the Australian Corporations Act 2001.
Click here to read the Constitution.
Wellnex’s shares are listed on the Australian Stock Exchange (ASX:WNX) and on the AIM Market of the London Stock Exchange (AIM:WNX).
Wellnex has in issue 66,233,933 ordinary shares of no par value.
Updated on 21 March 2025.
Top Shareholders:
| Shareholder | Number of Ordinary Shares | % of issued share capital |
|---|---|---|
| Jeffrey Chien-Hong Yeh1 | 7,063,195 | 10.66% |
| Premier Miton Group | 3,149,606 | 4.76% |
| Pentwater Capital Management | 3,149,606 | 4.76% |
| Citicorp Nominees Pty Limited | 2,137,589 | 3.23% |
1 – Jeffrey Yeh and connected persons are the beneficial owners of Homart Group Pty Ltd (3,427,010 shares), JYSF Management Pty Ltd (2,629,181 shares), Kirby Superannuation Pty Ltd (903,296 shares), and MYLY Management Pty Ltd (103,708 shares)
As at 21 March 2025, insofar as the Company is aware, the percentage of its ordinary share capital not in public hands is 12.10%
There are no restrictions on the transfer of securities.
For the Company’s latest financial information, please visit the Financial Information page.
Visit the ASX Announcements page and the AIM Announcements page to access notifications made by the Company.
AIM-quoted companies are required to adopt a recognised corporate governance code: however there is no prescribed corporate governance regime in the UK for AIM companies. The Directors recognise the importance of sound corporate governance commensurate with the size and nature of the Group and the interests of its Shareholders. The ASX Corporate Council has published the ASX Corporate Governance Principles and Recommendations, which set out recommended corporate governance practices for entities listed on ASX that, in the Council’s view, are likely to achieve good governance outcomes and meet the reasonable expectations of most investors in most situations. The ASX Corporate Governance Principles and Recommendations are a recognised corporate governance code for the purposes of the AIM Rules.
The Board has chosen to continue to apply the ASX Corporate Governance Principles and Recommendations (which it has been applying since its admission to ASX) following its admission to the AIM Market – click here for details.
Click here to visit the Corporate Governance Board & Committees Responsibility page.
Click here to visit the Corporate Governance Documents page.
The Company is incorporated in Australia and its main country of operation is Australia.
As the Company is incorporated in Australia, it is not subject to the UK City Code on Takeovers and Mergers, however it is subject to the Australian Corporations Act and therefore any potential takeover of the Company would be subject to the relevant provisions on takeovers and mergers as set out in Chapter 6 of the Australian Corporations Act 2001.
Updated on 21 March 2025
As the Company is incorporated in Australia, shareholders’ rights may be different to rights of shareholders in a UK incorporated company.