Aroa Biosurgery Ownership

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

Recent Insider Transactions

ASX:ARX Recent Insider Transactions by Companies or Individuals
Date	Value	Name	Entity	Shares	Max Price
06 Jun 25	SellAU$77,475	John Diddams	Individual	160,000	AU$0.48
29 Apr 25	BuyAU$10,893,221	Australian Ethical Investment Limited	Company	19,275,252	AU$0.57
02 Jan 25	SellAU$1,506,785	Australian Ethical Investment Limited	Company	2,000,000	AU$0.75

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 ARX?
Owner Type	Number of Shares	Ownership Percentage
Individual Insiders	86,396,534	25%
Institutions	108,311,993	31.4%
General Public	150,324,708	43.6%

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

Top Shareholders

Top 25 shareholders own 56.43% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
9.6%	Brian Ward	33,125,800	AU$22.2m	0%	no data
7.55%	Harbour Asset Management Limited	26,050,504	AU$17.5m	0%	0.84%
6.52%	Acorn Capital Limited	22,491,106	AU$15.1m	0%	23.55%
5.82%	Philip McCaw	20,077,154	AU$13.5m	0%	no data
5.01%	Australian Ethical Investment Limited	17,288,432	AU$11.6m	0%	0.87%
3.78%	Richard Abbott	13,043,020	AU$8.7m	0%	no data
3.31%	Mirrabooka Investments Limited	11,426,177	AU$7.7m	0%	2.09%
3.02%	New Zealand Growth Capital Partners	10,421,614	AU$7.0m	0%	100.0%
2.59%	K1W1	8,923,776	AU$6.0m	0%	88.7%
1.55%	Norges Bank Investment Management	5,331,025	AU$3.6m	54.7%	no data
1.27%	Sharon Bryant	4,372,267	AU$2.9m	0%	no data
1.26%	John Dell	4,348,864	AU$2.9m	23.9%	no data
1.24%	Bank of New Zealand	4,287,695	AU$2.9m	0%	0.4%
0.95%	Barnaby May	3,272,775	AU$2.2m	0%	no data
0.94%	Chris Milne	3,248,022	AU$2.2m	1.09%	no data
0.82%	James McLean	2,827,108	AU$1.9m	0%	no data
0.5%	Dimensional Fund Advisors LP	1,721,765	AU$1.2m	0%	no data
0.3%	John Diddams	1,032,550	AU$691.8k	-13.4%	no data
0.14%	John Pinion	472,500	AU$316.6k	0%	no data
0.13%	Catherine Mohr	436,364	AU$292.4k	0%	no data
0.042%	FCA Corp	145,000	AU$97.1k	0%	0.02%
0.041%	Darla Hutton	140,110	AU$93.9k	0%	no data
0.024%	Jarden Partners Limited	83,000	AU$55.6k	0%	0.01%
0.024%	JBWere (NZ) Limited	83,000	AU$55.6k	0%	no data
0.01%	Fidelity International Ltd	35,980	AU$24.1k	0%	no data

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/10/05 14:50
End of Day Share Price	2025/10/03 00:00
Earnings	2025/03/31
Annual Earnings	2025/03/31

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

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

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

Aroa Biosurgery Limited is covered by 9 analysts. 3 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
John Hester	Bell Potter
Elyse Shapiro	Canaccord Genuity
Sebastian Clemens	Jarden Limited