Develop Global Ownership

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

Recent Insider Transactions

DB:IHB1 Recent Insider Transactions by Companies or Individuals
Date	Value	Name	Entity	Shares	Max Price
26 Jun 25	Buy€357,329	Morgan Stanley, Investment Banking and Brokerage Investments	Company	135,788	€2.63
16 Jun 25	Sell€6,064,069	Copia Investment Partners Ltd	Company	2,395,000	€2.53
19 May 25	Sell€17,441,744	Copia Investment Partners Ltd	Company	9,821,393	€1.96
15 May 25	Buy€527,951	BlackRock, Inc.	Company	257,875	€2.11
01 May 25	Sell€0	BlackRock, Inc.	Company	127,393	€1.84
30 Apr 25	Buy€9,657,453	Copia Investment Partners Ltd	Company	6,961,424	€1.62
28 Apr 25	Buy€9,830	BlackRock, Inc.	Company	146,723	€1.75
20 Mar 25	Buy€50,817	BlackRock, Inc.	Company	913,149	€1.79
25 Feb 25	Sell€61,830	Michael Blakiston	Individual	36,000	€1.72
19 Nov 24	Buy€5,813,506	Copia Investment Partners Ltd	Company	4,179,115	€1.48
31 Oct 24	Sell€636,056	Copia Investment Partners Ltd	Company	404,115	€1.57
02 Oct 24	Buy€6,319,095	Copia Investment Partners Ltd	Company	4,763,539	€1.50
27 Sep 24	Buy€66,271	BlackRock, Inc.	Company	261,871	€1.49
16 Sep 24	Sell€95,252	BlackRock, Inc.	Company	92,517	€1.31
02 Sep 24	Buy€556,500	BlackRock, Inc.	Company	436,697	€1.37

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 IHB1?
Owner Type	Number of Shares	Ownership Percentage
Private Companies	5,302,738	1.84%
Institutions	62,730,962	21.8%
Individual Insiders	70,755,617	24.5%
General Public	149,601,485	51.9%

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

Top Shareholders

Top 25 shareholders own 48.04% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
22.4%	William Beament	64,472,866	€178.4m	27.7%	no data
4.72%	BlackRock, Inc.	13,609,666	€37.7m	0.14%	no data
3.31%	Morgan Stanley, Investment Banking and Brokerage Investments	9,544,556	€26.4m	0%	no data
3.07%	Copia Investment Partners Ltd	8,855,000	€24.5m	-45.4%	11.96%
2.31%	Wyllie Group Pty Ltd	6,673,184	€18.5m	0%	53.85%
1.71%	Mirae Asset Global Investments Co., Ltd.	4,926,688	€13.6m	-28%	0.01%
1.66%	UniSuper Limited	4,800,000	€13.3m	-7.69%	0.17%
1.24%	The Vanguard Group, Inc.	3,575,446	€9.9m	7.15%	no data
0.89%	Henghou Industries (Hong Kong) Limited	2,556,303	€7.1m	0%	no data
0.78%	Wilson Asset Management (International) Pty Ltd.	2,248,988	€6.2m	0%	0.22%
0.78%	Dimensional Fund Advisors LP	2,247,830	€6.2m	-3.05%	no data
0.71%	Mitsubishi UFJ Trust and Banking Corporation, Asset Management Arm	2,033,912	€5.6m	0%	0.01%
0.7%	Paul Allison	2,008,263	€5.6m	0%	no data
0.58%	Milford Asset Management, LTD	1,681,722	€4.7m	0%	0.08%
0.52%	Precision Funds Management Pty Ltd	1,500,000	€4.2m	0%	7.48%
0.49%	Michael Blakiston	1,414,000	€3.9m	0%	no data
0.4%	Michael James McMullen	1,150,496	€3.2m	0%	no data
0.35%	AVR Team Pty Ltd	1,010,523	€2.8m	0%	no data
0.35%	Jjna No 2 Pty Ltd	1,000,000	€2.8m	0%	no data
0.26%	Geoffrey Muir	762,713	€2.1m	0%	no data
0.26%	Jacqui Muir	762,712	€2.1m	0%	no data
0.24%	MSC Trustees	700,000	€1.9m	0%	no data
0.16%	CapSolutions GmbH	450,000	€1.2m	0%	3.6%
0.14%	ETFS Management (AUS) Limited	404,271	€1.1m	9.59%	0.05%
0.052%	Shirley In’t Veld	150,000	€415.0k	0%	no data

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/07/08 23:29
End of Day Share Price	2025/07/08 00:00
Earnings	2024/12/31
Annual Earnings	2024/06/30

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

Develop Global Limited is covered by 4 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
Joseph House	Bell Potter
Tim McCormack	Canaccord Genuity
Andrew Knuckey	Commonwealth Bank of Australia