NetLink NBN Trust Ownership

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

Recent Insider Transactions

DB:6NL Recent Insider Transactions by Companies or Individuals
Date	Value	Name	Entity	Shares	Max Price
03 Jun 26	Buy€5,561,178	M&G Investments (Singapore) Pte. Ltd.	Company	8,199,800	€0.68
29 May 26	Buy€2,293,435	M&G Investment Management Limited	Company	3,405,600	€0.67
08 Apr 26	Sell€2,672	Temasek Holdings (Private) Limited	Company	4,500	€0.59
30 Mar 26	Buy€326,174	Temasek Holdings (Private) Limited	Company	500,000	€0.65
23 Mar 26	Buy€325,919	Temasek Holdings (Private) Limited	Company	500,000	€0.65
09 Mar 26	Buy€859,060	Temasek Holdings (Private) Limited	Company	1,334,400	€0.64

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 6NL?
Owner Type	Number of Shares	Ownership Percentage
Private Companies	0	0%
Individual Insiders	2,615,000	0.0671%
Institutions	868,232,223	22.3%
Public Companies	965,999,999	24.8%
General Public	2,060,123,878	52.9%

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

Top Shareholders

Top 25 shareholders own 46.39% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
24.8%	Singapore Telecommunications Limited	965,999,999	€635.4m	0%	no data
5.14%	M&G Investments (Singapore) Pte. Ltd.	200,111,200	€131.6m	0%	15.29%
5.09%	M&G Investment Management Limited	198,170,700	€130.4m	3.47%	0.23%
2.32%	Vanguard Capital Management, LLC	90,373,389	€59.4m	3.26%	no data
1.63%	BlackRock, Inc.	63,549,000	€41.8m	-6.85%	no data
1.28%	Norges Bank Investment Management	50,021,628	€32.9m	0%	no data
1.21%	Temasek Holdings (Private) Limited	47,211,560	€31.1m	-0.86%	0.02%
0.89%	Dimensional Fund Advisors LP	34,541,761	€22.7m	5.3%	no data
0.64%	Vanguard Fiduciary Trust Company	24,900,124	€16.4m	1.04%	no data
0.6%	CBRE Investment Management Listed Real Assets LLC	23,360,884	€15.4m	0%	0.19%
0.54%	CI Global Asset Management	21,187,101	€13.9m	0.05%	0.03%
0.53%	Ifast Financial Pte. Ltd.	20,715,689	€13.6m	16.6%	0.83%
0.34%	Futu Holdings Limited	13,417,300	€8.8m	0%	2.67%
0.21%	Vanguard Asset Management, Limited	8,061,000	€5.3m	5.96%	no data
0.2%	Charles Schwab Investment Management, Inc.	7,773,512	€5.1m	1.83%	no data
0.18%	Amova Asset Management Co., Ltd.	7,026,500	€4.6m	0%	no data
0.14%	Value Partners Hong Kong Limited	5,543,700	€3.6m	0%	0.12%
0.12%	Boston Partners Global Investors, Inc.	4,488,900	€3.0m	0%	no data
0.1%	WisdomTree Asset Management, Inc.	3,921,900	€2.6m	-1.22%	0.01%
0.098%	Legal & General Investment Management Limited	3,810,161	€2.5m	0%	no data
0.08%	BNY Asset Management	3,110,300	€2.0m	6.7%	no data
0.071%	Northern Trust Global Investments	2,764,728	€1.8m	0%	no data
0.07%	Royal London Asset Management Ltd.	2,726,100	€1.8m	0%	no data
0.065%	Phillip Capital Management Singapore Ltd.	2,534,052	€1.7m	0%	0.29%
0.064%	Vanguard Investments Australia Limited	2,485,016	€1.6m	0%	no data

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2026/07/12 23:43
End of Day Share Price	2026/07/10 00:00
Earnings	2026/03/31
Annual Earnings	2026/03/31

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

NetLink NBN Trust is covered by 15 analysts. 7 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
Sachin Salgaonkar	BofA Global Research
Jialin Li	CGS International
Luis Hilado	Citigroup Inc