{
  "schema_version": "1.0.0",
  "ticker": "MEU",
  "company_name": "Marmota Limited",
  "cutoff_date": "2026-10-09",
  "reviewed_at": "2026-10-09",
  "coverage_note": "Issuer-reported registered ordinary-shareholder top 20 dated 2025-10-20. Nominee/custody accounts do not reveal beneficial owners.",
  "register": {
    "as_of_date": "2025-10-20",
    "issued_shares": null,
    "source_ids": [
      "meu-annual-register-2025-10-20"
    ],
    "holders": [
      {
        "holder_id": "meu-register-01",
        "name": "Twenty largest shareholders equity securities on the Australian Stock Exchange Limited including the number and percentage held by those holders at 20 October 2025 are as follows: Name Number of fully paid held Dr Colin Rose",
        "classification": "unknown",
        "shares": 102044726,
        "percentage": 8.66,
        "percentage_basis": "issued_shares",
        "as_of_date": "2025-10-20",
        "investor_id": null,
        "identity_note": null,
        "source_ids": [
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        ],
        "notes": []
      },
      {
        "holder_id": "meu-register-02",
        "name": "Cosell Pty Limited",
        "classification": "unknown",
        "shares": 50000000,
        "percentage": 4.24,
        "percentage_basis": "issued_shares",
        "as_of_date": "2025-10-20",
        "investor_id": null,
        "identity_note": null,
        "source_ids": [
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        ],
        "notes": []
      },
      {
        "holder_id": "meu-register-03",
        "name": "Mr Maxwell Alfred Kippe",
        "classification": "unknown",
        "shares": 42587000,
        "percentage": 3.61,
        "percentage_basis": "issued_shares",
        "as_of_date": "2025-10-20",
        "investor_id": null,
        "identity_note": null,
        "source_ids": [
          "meu-annual-register-2025-10-20"
        ],
        "notes": []
      },
      {
        "holder_id": "meu-register-04",
        "name": "Ms Jacqueline Rose",
        "classification": "unknown",
        "shares": 41561888,
        "percentage": 3.53,
        "percentage_basis": "issued_shares",
        "as_of_date": "2025-10-20",
        "investor_id": null,
        "identity_note": null,
        "source_ids": [
          "meu-annual-register-2025-10-20"
        ],
        "notes": []
      },
      {
        "holder_id": "meu-register-05",
        "name": "Mrs Bete Rose",
        "classification": "unknown",
        "shares": 36547952,
        "percentage": 3.1,
        "percentage_basis": "issued_shares",
        "as_of_date": "2025-10-20",
        "investor_id": null,
        "identity_note": null,
        "source_ids": [
          "meu-annual-register-2025-10-20"
        ],
        "notes": []
      },
      {
        "holder_id": "meu-register-06",
        "name": "Citicorp Nominees Pty Limited",
        "classification": "nominee_custodian",
        "shares": 26708412,
        "percentage": 2.27,
        "percentage_basis": "issued_shares",
        "as_of_date": "2025-10-20",
        "investor_id": null,
        "identity_note": null,
        "source_ids": [
          "meu-annual-register-2025-10-20"
        ],
        "notes": []
      },
      {
        "holder_id": "meu-register-07",
        "name": "HSBC Custody Nominees (Australia) Limited",
        "classification": "nominee_custodian",
        "shares": 20484580,
        "percentage": 1.74,
        "percentage_basis": "issued_shares",
        "as_of_date": "2025-10-20",
        "investor_id": null,
        "identity_note": null,
        "source_ids": [
          "meu-annual-register-2025-10-20"
        ],
        "notes": []
      },
      {
        "holder_id": "meu-register-08",
        "name": "Proco Pty Ltd",
        "classification": "unknown",
        "shares": 19600000,
        "percentage": 1.66,
        "percentage_basis": "issued_shares",
        "as_of_date": "2025-10-20",
        "investor_id": null,
        "identity_note": null,
        "source_ids": [
          "meu-annual-register-2025-10-20"
        ],
        "notes": []
      },
      {
        "holder_id": "meu-register-09",
        "name": "BNP Paribas Nominees Pty Ltd",
        "classification": "nominee_custodian",
        "shares": 19226099,
        "percentage": 1.63,
        "percentage_basis": "issued_shares",
        "as_of_date": "2025-10-20",
        "investor_id": null,
        "identity_note": null,
        "source_ids": [
          "meu-annual-register-2025-10-20"
        ],
        "notes": []
      },
      {
        "holder_id": "meu-register-10",
        "name": "Astor Superannuation Pty Ltd",
        "classification": "unknown",
        "shares": 18284903,
        "percentage": 1.55,
        "percentage_basis": "issued_shares",
        "as_of_date": "2025-10-20",
        "investor_id": null,
        "identity_note": null,
        "source_ids": [
          "meu-annual-register-2025-10-20"
        ],
        "notes": []
      },
      {
        "holder_id": "meu-register-11",
        "name": "Peter Holley Superannuation Fund Pty Ltd",
        "classification": "unknown",
        "shares": 18247466,
        "percentage": 1.55,
        "percentage_basis": "issued_shares",
        "as_of_date": "2025-10-20",
        "investor_id": null,
        "identity_note": null,
        "source_ids": [
          "meu-annual-register-2025-10-20"
        ],
        "notes": []
      },
      {
        "holder_id": "meu-register-12",
        "name": "SEP Investments Pty Limited",
        "classification": "unknown",
        "shares": 12500000,
        "percentage": 1.06,
        "percentage_basis": "issued_shares",
        "as_of_date": "2025-10-20",
        "investor_id": null,
        "identity_note": null,
        "source_ids": [
          "meu-annual-register-2025-10-20"
        ],
        "notes": []
      },
      {
        "holder_id": "meu-register-13",
        "name": "Tattersfield Securities Limited",
        "classification": "unknown",
        "shares": 11719314,
        "percentage": 0.99,
        "percentage_basis": "issued_shares",
        "as_of_date": "2025-10-20",
        "investor_id": null,
        "identity_note": null,
        "source_ids": [
          "meu-annual-register-2025-10-20"
        ],
        "notes": []
      },
      {
        "holder_id": "meu-register-14",
        "name": "Take Us On Pty Ltd",
        "classification": "unknown",
        "shares": 11000000,
        "percentage": 0.93,
        "percentage_basis": "issued_shares",
        "as_of_date": "2025-10-20",
        "investor_id": null,
        "identity_note": null,
        "source_ids": [
          "meu-annual-register-2025-10-20"
        ],
        "notes": []
      },
      {
        "holder_id": "meu-register-15",
        "name": "Bargold Holdings Pty Ltd",
        "classification": "unknown",
        "shares": 10319302,
        "percentage": 0.88,
        "percentage_basis": "issued_shares",
        "as_of_date": "2025-10-20",
        "investor_id": null,
        "identity_note": null,
        "source_ids": [
          "meu-annual-register-2025-10-20"
        ],
        "notes": []
      },
      {
        "holder_id": "meu-register-16",
        "name": "Pitt Superannuation Fund Pty Ltd",
        "classification": "unknown",
        "shares": 10000000,
        "percentage": 0.85,
        "percentage_basis": "issued_shares",
        "as_of_date": "2025-10-20",
        "investor_id": null,
        "identity_note": null,
        "source_ids": [
          "meu-annual-register-2025-10-20"
        ],
        "notes": []
      },
      {
        "holder_id": "meu-register-17",
        "name": "Mabeth Pty Ltd",
        "classification": "unknown",
        "shares": 9500181,
        "percentage": 0.81,
        "percentage_basis": "issued_shares",
        "as_of_date": "2025-10-20",
        "investor_id": null,
        "identity_note": null,
        "source_ids": [
          "meu-annual-register-2025-10-20"
        ],
        "notes": []
      },
      {
        "holder_id": "meu-register-18",
        "name": "Mr Peter James Holley",
        "classification": "unknown",
        "shares": 7757836,
        "percentage": 0.66,
        "percentage_basis": "issued_shares",
        "as_of_date": "2025-10-20",
        "investor_id": null,
        "identity_note": null,
        "source_ids": [
          "meu-annual-register-2025-10-20"
        ],
        "notes": []
      },
      {
        "holder_id": "meu-register-19",
        "name": "Emerald Plumbing Services Investments Pty Ltd",
        "classification": "unknown",
        "shares": 6876766,
        "percentage": 0.58,
        "percentage_basis": "issued_shares",
        "as_of_date": "2025-10-20",
        "investor_id": null,
        "identity_note": null,
        "source_ids": [
          "meu-annual-register-2025-10-20"
        ],
        "notes": []
      },
      {
        "holder_id": "meu-register-20",
        "name": "Mrs Susan Kippe",
        "classification": "unknown",
        "shares": 6700000,
        "percentage": 0.57,
        "percentage_basis": "issued_shares",
        "as_of_date": "2025-10-20",
        "investor_id": null,
        "identity_note": null,
        "source_ids": [
          "meu-annual-register-2025-10-20"
        ],
        "notes": []
      }
    ]
  },
  "substantial_holders": [],
  "sources": [
    {
      "source_id": "meu-annual-register-2025-10-20",
      "title": "Annual Report 2025",
      "publisher": "ASX / Marmota Limited",
      "url": "https://asx.api.markitdigital.com/asx-research/1.0/file/2924-03017299-2A1633061",
      "publication_date": "2025-10-31",
      "accessed_date": "2026-10-09",
      "locator": "2025/2025-10-31_Annual Report 2025.pdf, PDF page 80; ordinary shareholder information",
      "detail": "Issuer top-20 ordinary-shareholder table as at 2025-10-20."
    },
    {
      "source_id": "meu-colin-rose-form-604-2026-02-19",
      "title": "Change in substantial holding",
      "publisher": "ASX / Marmota Limited",
      "url": "https://asx.api.markitdigital.com/asx-research/1.0/file/2924-03058580-2A1654583",
      "publication_date": "2026-02-19",
      "accessed_date": "2026-10-09",
      "locator": "2026/2026-02-19_Change in substantial holding_c096446c567200cd.pdf, Form 604 pages 1–3",
      "detail": "The notice documents Dr Colin Rose’s changes but the cached PDF text omits the first two pages and does not expose the present total holding; the incremental acquisition figure is not treated as the current position."
    }
  ],
  "limitations": [
    "Dated registered-holder list is not a complete beneficial-ownership register. Later substantial-holder notices were not fully reconciled for this candidate.",
    "The 19 February 2026 Form 604 for Dr Colin Rose is incomplete in the local PDF text cache; its present holding could not be reconciled, so the dated 20 October 2025 annual-report register remains the last supported quantity."
  ]
}