Change in substantial holding
Released
Released
Announcement PDF
Form 604
Corporations Act 2001
Section 671B
Notice of change of interests of substantial holder
To Company Name/Scheme Starpharma Holdings Limited
ACN/ARSN 078532180
1.Details of substantial holder (1)
Name UIL Limited (and associates as listed in Annexure B)
ACN/ARSN (if applicable)
There was a change in the interests of the
substantial holder on 05 February 2026
The previous notice was given to the company on 02 June 2025
The previous notice was dated 04 June 2025
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 26,680,974 6.39% 22,246,105 5.32%
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:
Date of
change
Person whose
relevant interest
changed
Nature of change (6) Consideration
given in
relation to
change
(7)
Class and
number of
securities
affected
Person's
votes
affected
See Annexure A
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
6. Addresses
The addresses of persons named in this form are as follows:
Name Address
Ingot Capital Investments Pty Ltd,
Capel Court PTY Ltd
Level 9, 1 York Street, Sydney NSW 2000
UIL Limited, Somers Limited Claredon House, 2 Church Street, Hamilton HM11, Bermuda
ICM Limited and associates as listed
in Annexure B
34 Bermudiana Road, Hamilton HM11, Bermuda
Utilico Emerging Markets PLC, ICM
Investment Management The Cottage, Ridge Court, The Ridge, Epsom, Surrey, KT18 7EP
Signature
Print Name Sanita Nomgaude Capacity Notifications Administrator
Signature Date 09 February 2026
Annexure 'A'
This is Annexure A of 1 page referred to in Form 604 Notice of change of interests of substantial holder signed by me and dated 09 February 2026.
Print Name Sanita Nomgaude Capacity Notifications Administrator
Signature Date 09 February 2026
Change in relevant interests
Date of
change
Person whose
relevant interest
changed
Nature of change (6) Consideration
given in
relation to
change
(7)
Class
and
number
of
securitie
s
affected
Person's
votes
affected
09 July 2025 –
10 July 2025
Utilico Emerging
Markets Trust PLC
On Market sale $250,875 (2,614,292) (2,614,292)
05 February 2026 –
09 February 2026
Ingot Capital
Investments Pty Ltd
On Market sale $727,858 (1,820,577) (1,820,577)
09 July 2025 –
10 July 2025
ICM Investment
Management Limited
ICM Limited
Somers isles Private
Trust Company Limited
Duncan Saville
Change in relevant interest due to on-market
sales by Utilico Emerging Markets Trust PLC.
- (2,614,292) (2,614,292)
05 February 2026 –
09 February 2026
Capel Court Pty Ltd
ICM Investment
Management Limited
ICM Limited
UIL Limited
General Provincial
Life Pension Fund
Limited
Somers isles Private
Trust Company
Limited
Duncan Saville
Change in relevant interest due to on-market
sales by Ingot Capital Investments Pty Ltd
- (1,820,577) (1,820,577)
Annexure 'B'
This is Annexure B of 2 pages referred to in Form 604 Notice of change of interests of substantial holder signed by me and dated 09 February 2026.
Print Name Sanita Nomgaude Capacity Notifications Administrator
Signature Date 09 February 2026
Present relevant interests
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
Ingot Capital
Investments Pty Ltd
Ingot Capital
Investments
Pty Ltd
Ingot Capital
Investments Pty
Ltd
Beneficial Owner 9,884,423
ordinary shares
9,884,423
JP Morgan
Nominees
Australia Limited
UIL Limited
Relevant interest under section 608(3)(a) of the
Corporations Act which has voting power of
above 20% in UIL Limited.
12,361,682
ordinary shares
12,361,682
UIL Limited
JP Morgan
Nominees
Australia
Limited
UIL Limited Beneficial Owner
12,361,682
ordinary shares
12,361,682
Ingot Capital
Investments
Pty Ltd
Ingot Capital
Investments Pty
Ltd
Relevant interest under section 608(3)(a) of the
Corporations Act which has voting power of
above 20% in Ingot Capital Investments Pty Ltd.
9,884,423
ordinary shares
9,884,423
ICM Limited
JP Morgan
Nominees
Australia
Limited
UIL Limited
Relevant interest under sections 608(1)(b) and
(c) and section 608(3)(a) of the Corporations
Act as Co-Investment Manager of UIL Limited.
12,361,682
ordinary shares
12,361,682
Ingot Capital
Investments
Pty Ltd
Ingot Capital
Investments Pty
Ltd
Relevant interest under section 608(3)(a) of the
Corporations Act which has voting power of
above 20% in Ingot Capital Investments Pty Ltd.
9,884,423
ordinary shares
9,884,423
ICM Investment
Management Limited
JP Morgan
Nominees
Australia
Limited
UIL Limited
Relevant interest under sections 608(1)(b) and
(c) and section 608(3)(a) of the Corporations
Act as Co-Investment Manager of UIL Limited.
12,361,682
ordinary shares
12,361,682
Ingot Capital
Investments
Pty Ltd
Ingot Capital
Investments Pty
Ltd
Relevant interest under section 608(3)(a) of the
Corporations Act which has voting power of
above 20% in Ingot Capital Investments Pty Lt
9,884,423
ordinary shares
9,884,423
Capel Court
JP Morgan
Nominees
Australia
Limited
UIL Limited
Relevant interest under section 608(3)(a) of the
Corporations Act which has voting power of
above 20% in UIL Limited.
12,361,682
ordinary shares
12,361,682
Ingot Capital
Investments
Pty Ltd
Ingot Capital
Investments Pty
Ltd
Relevant interest under section 608(3)(b) of the
Corporations Act by having control over Ingot
Capital Investments Pty Ltd.
9,884,423
ordinary shares
9,884,423
General Provincial
Life Pension Fund
Limited
JP Morgan
Nominees
Australia
Limited
UIL Limited
Relevant interest under section 608(3)(b) of the
Corporations Act by having control over UIL
Limited.
12,361,682
ordinary shares
12,361,682
Ingot Capital
Investments Pty
Ltd
Ingot Capital
Investments Pty
Ltd
Relevant interest under section 608(3)(a) of the
Corporations Act which has voting power of
above 20% in Ingot Capital Investments Pty Ltd
9,884,423
ordinary shares
9,884,423
Somers Isles Private
Trust Company
Limited
JP Morgan
Nominees
Australia
Limited
UIL Limited
Relevant interest under section 608(3)(b) of the
Corporations Act by having control over ICM
Limited, ICM Investment Management Limited,
and General Provincial Life Pension Fund
Limited.
12,361,682
ordinary shares
12,361,682
Ingot Capital
Investments Pty
Ltd
Ingot Capital
Investments Pty
Ltd
Relevant interest under section 608(3)(a) of the
Corporations Act which has voting power of
above 20% in Ingot Capital Investments Pty Ltd
9,884,423
ordinary shares
9,884,423
Duncan Saville
JP Morgan
Nominees
Australia
Limited
UIL Limited Relevant interest under section 608(3)(b) of the
Corporations Act by having control over ICM
Limited, ICM Investment Management Limited
and having control over Somers Isles Private
Trust Limited and Capel Court Pty Ltd.
12,361,682
ordinary shares
12,361,682
Ingot Capital
Investments Pty
Ltd
Ingot Capital
Investments Pty
Ltd
9,884,423
ordinary shares
9,884,423
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