Retail Food Group Ownership

Who are the major shareholders and have insiders been buying or selling?

Recent Insider Transactions

ASX:RFG Recent Insider Transactions by Companies or Individuals
Date	Value	Name	Entity	Shares	Max Price
25 Nov 25	BuyAU$943,174	Chance Voight Investment Corporation Limited	Company	627,266	AU$1.50
31 Oct 25	BuyAU$871,432	Chance Voight Investment Corporation Limited	Company	638,216	AU$1.37
17 Sep 25	BuyAU$955,966	Chance Voight Investment Corporation Limited	Company	655,434	AU$1.46
26 Aug 25	SellAU$523,025	Peter George	Individual	335,000	AU$1.62
22 Aug 25	BuyAU$4,132,145	Chance Voight Investment Corporation Limited	Company	2,243,689	AU$1.84
20 Aug 25	BuyAU$1,327,113	Riguad Pty Ltd	Company	673,765	AU$1.97
25 Jun 25	BuyAU$1,402,351	Riguad Pty Ltd	Company	772,908	AU$1.81
21 Feb 25	BuyAU$12,316	Jacinta Caithness	Individual	5,500	AU$2.24
20 Feb 25	BuyAU$13,009	David Grant	Individual	6,000	AU$2.17

Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.

Ownership Breakdown

What is the ownership structure of RFG?
Owner Type	Number of Shares	Ownership Percentage
Individual Insiders	1,886,889	3%
Hedge Funds	5,085,003	8.08%
Public Companies	5,899,551	9.37%
Institutions	12,905,136	20.5%
Private Companies	17,141,346	27.2%
General Public	20,012,864	31.8%

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.

Top Shareholders

Top 25 shareholders own 68.12% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
22%	Riguad Pty Ltd	13,844,774	AU$22.0m	5.12%	no data
9.37%	WHSP Holdings Limited	5,899,551	AU$9.4m	0%	0.19%
8.08%	Chance Voight Investment Corporation Limited	5,085,003	AU$8.1m	33.1%	no data
5%	Thorney Management Services Pty Ltd	3,149,365	AU$5.0m	59.3%	5.48%
4.76%	Regal Partners Limited	2,998,204	AU$4.8m	0%	0.12%
3.79%	Castle Point Funds Management Ltd.	2,386,236	AU$3.8m	0%	40.92%
2.07%	Hishenk Pty Ltd.	1,300,000	AU$2.1m	30%	25.44%
1.86%	TIGA Trading Pty Ltd	1,171,703	AU$1.9m	0%	0.6%
1.79%	Molvest Pty. Ltd.	1,125,000	AU$1.8m	-10%	no data
1.39%	Dimensional Fund Advisors LP	874,698	AU$1.4m	-2.27%	no data
1.32%	Mark Hobbs	833,334	AU$1.3m	0%	no data
1.08%	Real Pillars Pty Ltd	678,000	AU$1.1m	0%	no data
1.07%	Wilson Asset Management (International) Pty Ltd.	674,949	AU$1.1m	0%	0.02%
0.7%	Moorgate Investments Pty Ltd	443,572	AU$705.3k	-51.8%	no data
0.64%	Horrie Pty Ltd	400,000	AU$636.0k	0%	no data
0.64%	Stephen Abolakian	400,000	AU$636.0k	6.67%	no data
0.56%	Molver Pty Limited	350,000	AU$556.5k	0%	no data
0.56%	Dixson Trust Pty Ltd.	349,981	AU$556.5k	0%	0.12%
0.52%	Neil Goosen	324,770	AU$516.4k	6.74%	no data
0.48%	Archerfield Airport Corporation Pty Ltd	300,000	AU$477.0k	-25%	no data
0.13%	Peter George	79,125	AU$125.8k	-80.9%	no data
0.097%	David Grant	60,750	AU$96.6k	0%	no data
0.087%	Matthew Marshall	54,582	AU$86.8k	0%	no data
0.079%	Robert Shore	50,000	AU$79.5k	0%	no data
0.055%	Kerry Ryan	34,427	AU$54.7k	0%	no data

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/11/30 04:43
End of Day Share Price	2025/11/28 00:00
Earnings	2025/06/27
Annual Earnings	2025/06/27

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

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Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Retail Food Group Limited is covered by 6 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Chamithri Ratnapala	Bell Potter
Alva DeVoy	CGS International
Alexander Mees	J.P. Morgan