Iron Road Ltd Shareholding Update

On May 21, 2025, Iron Road Ltd (ASX: IRD), an Australian mineral resources company specializing in iron ore projects, announced a significant change in its shareholder structure. Sentient Executive GP II, Limited (Sentient Fund II), a long-term investor since Iron Road’s 2008 IPO, has ceased to be a shareholder. This decision was communicated through a Form 604 Notice of Change of Interests of Substantial Holder, indicating a reduction in Sentient Fund II’s aggregate holding from 69.4% to 66.2%.

Sentient Fund II, which had been a cornerstone investor, informed Iron Road that it had transferred its shareholding to underlying Sentient Fund II Partners. This move was part of a strategy to close Fund II, as Iron Road was its last remaining portfolio investment. Despite this change, Sentient Executive GP III, Limited (Sentient Fund III) and Sentient Executive GP IV, Limited (Sentient Fund IV) maintain their holdings at 6.2% and 60.0%, respectively.

Company Overview

Iron Road Ltd operates in the Metals & Mining sector, focusing on advanced iron ore projects in South Australia. The company’s flagship Central Eyre Iron Project and the Gawler Iron Project are located in the Gawler Craton region. As of May 19, 2025, Iron Road’s close price was AUD 0.037, with a market capitalization of AUD 29,000,000. The company’s 52-week high was AUD 0.125, and its low was AUD 0.03. The price-to-earnings ratio stands at 5.46.

Director’s Interest Update

In related news, Iron Road Ltd also reported a change in the director’s interest. Jeremy Ellis, a director of the company, has disclosed changes in his relevant interests in securities. Specifically, Mr. Ellis holds an indirect interest through Annie Oceana Pty Ltd, which is associated with his superannuation account.

These updates reflect ongoing changes within Iron Road Ltd’s corporate structure and shareholder dynamics. The company remains focused on its core operations in the iron ore sector, with significant projects in South Australia continuing to drive its strategic objectives.