PERTH, Australia, Oct. 10, 2025 (GLOBE NEWSWIRE) -- On 9 October 2025, Wyloo Consolidated Investments Pty Ltd sold, through a block trade over the facilities of the Toronto Stock Exchange, 8,275,311 common shares (19.89 per cent) in Neo Performance Materials Inc. ("Neo") for an aggregate price of C$165,506,220 (equivalent to A$180,101,678) or C$20.00 per common share. Following the sale, Wyloo will hold no common shares of Neo, representing an aggregate decrease in ownership of 19.89%.

Wyloo disposed of the common shares as part of a sale of marketable securities for investment purposes. Wyloo may from time to time, depending on market and other conditions and subject to Neo's shareholder rights plan, acquire additional common shares through market transactions, private agreement or otherwise.

This media release is being issued pursuant to National Instrument 62-103, The Early Warning System and Related Take-Over Bid and Insider Reporting Issuers in connection with the acquisition of the Neo shares. An early warning report with additional information in respect of the foregoing matters will be filed and made available on the System for Electronic Document Analysis and Review (SEDAR+) at www.sedarplus.ca under Neo's issuer profile. A copy of the report may also be obtained by contacting ...