Change in substantial holding
Released
Released
Announcement PDF
To Company Name/Scheme
ACN/ARSN
1. Details of substantial holder (1)
Name
ACN/ARSN (if applicable)
There was a change in the interests of the 05/01/2026
substantial holder on
The previous notice was given to the company on 12/12/2025
The previous notice was dated 09/12/2025
2. Previous and present voting power
The total number of votes attached to all the voting shares in the company or voting interests in the scheme that the substantial holder or an associate (2) had a relevant interest (3)
in when last required, and when now required, to give a substantial holding notice to the company or scheme, are as follows:
Class of securities (4)
3. Changes in relevant interests
Particulars of each change in, or change in the nature of, a relevant interest of the substantial holder or an associate in voting securities of the company or scheme, since the
substantial holder was last required to give a substantial holding notice to the company or scheme are as follows:
Date of
change
Consideration
given in relation
to change (7)
Person's votes
affected
4.Present relevant interests
Particulars of each relevant interest of the substantial holder in voting securities after the change are as follows:
Holder of
relevant
interest
Person's votes
First Sentier Investors RQI
Pty Ltd ACN 133 312 017
362,729
Fully Paid
ordinary shares
362,729
First Sentier Investors RQI
Pty Ltd ACN 133 312 017
2,278,770
Fully Paid
ordinary shares
2,278,770
Voting power (5)
Previous notice
16,733,227
13,926,702
Relevant interest under paragraph 608(1)(b) and/or
608(1)(c) of the Corporations Act 2001 (Cth), being a
relevant interest arising from having the power to
control the exercise of the right to vote attached to
securities and/or to control the exercise of the power to
dispose of securities in its capacity as investment
manager, as provided for under its investment
mandates. In addition, if any OTC derivatives, warrants
or other securities (other than ordinary shares or
ordinary units (as applicable)) are referred to below in
this row, the relevant interest in respect of those
securities arises under subsection 608(8) being an
accelerated relevant interest held in the same capacity.
Nature of
relevant
interest (6)
Voting power (5)
Present notice
Class and
number of
securities
Person whose
relevant interest
changed
Fully Paid ordinary shares
CITIGROUP GLOBAL
MARKETS INC
Registered
holder of
securities
Corporations Act 2001
Notice of change of interests of substantial holder
Australian Finance Group Ltd
066 385 822
Nature of
change (6)
BNP Paribas Securities
Person’s votes
Person’s votes
*Note these securities are comprised of 15,994,593 shares in which First Sentier Group Limited and its subsidiaries have voting power and 738,634 securities in which First Sentier Group Limited's
ultimate parent, Mitsubishi UFJ Financial Group, Inc. on and from 5 January 2026, has informed it that it has voting power prior to the date of this notice.
Person entitled
to be registered
as holder (8)
Relevant interest under paragraph 608(1)(b) and/or
608(1)(c) of the Corporations Act 2001 (Cth), being a
relevant interest arising from having the power to
control the exercise of the right to vote attached to
securities and/or to control the exercise of the power to
dispose of securities in its capacity as investment
manager, as provided for under its investment
mandates. In addition, if any OTC derivatives, warrants
or other securities (other than ordinary shares or
ordinary units (as applicable)) are referred to below in
this row, the relevant interest in respect of those
securities arises under subsection 608(8) being an
accelerated relevant interest held in the same capacity.
6.16%
See annexure B to this
notice
Form 604
Section 671B
630 725 558
First Sentier Group Limited ACN 630 725 558 and its related bodies corporate or associates listed in annexure A
Class and
number of
securities
affected
5.12%
First Sentier Investors RQI
Pty Ltd ACN 133 312 017
8,008,394
Fully Paid
ordinary shares
8,008,394
First Sentier Investors RQI
Pty Ltd ACN 133 312 017
1,859,014
Fully Paid
ordinary shares
1,859,014
First Sentier Investors RQI
Pty Ltd ACN 133 312 017
653,621
Fully Paid
ordinary shares
653,621
First Sentier Investors RQI
Pty Ltd ACN 133 312 017
1,028,041
Fully Paid
ordinary shares
1,028,041
First Sentier Investors RQI
Pty Ltd ACN 133 312 017
1,804,024
Fully Paid
ordinary shares
1,804,024
First Sentier Investors
(Australia) IM Ltd ACN 114
194 311
2,278,770
Fully Paid
ordinary shares
2,278,770
First Sentier Investors
(Australia) IM Ltd ACN 114
194 311
579,443
Fully Paid
ordinary shares
579,443
JP MORGAN CHASE
Relevant interest under paragraph 608(1)(b) and/or
608(1)(c) of the Corporations Act 2001 (Cth), being a
relevant interest arising from having the power to
control the exercise of the right to vote attached to
securities and/or to control the exercise of the power to
dispose of securities in its capacity as investment
manager, as provided for under its investment
mandates. In addition, if any OTC derivatives, warrants
or other securities (other than ordinary shares or
ordinary units (as applicable)) are referred to below in
this row, the relevant interest in respect of those
securities arises under subsection 608(8) being an
accelerated relevant interest held in the same capacity.
CITIGROUP GLOBAL
MARKETS INC
Northern Trust
Singapore
Relevant interest under paragraph 608(1)(b) and/or
608(1)(c) of the Corporations Act 2001 (Cth), being a
relevant interest arising from having the power to
control the exercise of the right to vote attached to
securities and/or to control the exercise of the power to
dispose of securities in its capacity as investment
manager, as provided for under its investment
mandates. In addition, if any OTC derivatives, warrants
or other securities (other than ordinary shares or
ordinary units (as applicable)) are referred to below in
this row, the relevant interest in respect of those
securities arises under subsection 608(8) being an
accelerated relevant interest held in the same capacity.
Relevant interest under paragraph 608(1)(b) and/or
608(1)(c) of the Corporations Act 2001 (Cth), being a
relevant interest arising from having the power to
control the exercise of the right to vote attached to
securities and/or to control the exercise of the power to
dispose of securities in its capacity as investment
manager, as provided for under its investment
mandates. In addition, if any OTC derivatives, warrants
or other securities (other than ordinary shares or
ordinary units (as applicable)) are referred to below in
this row, the relevant interest in respect of those
securities arises under subsection 608(8) being an
accelerated relevant interest held in the same capacity.
JP Morgan Chase Bank
NA
Relevant interest under paragraph 608(1)(b) and/or
608(1)(c) of the Corporations Act 2001 (Cth), being a
relevant interest arising from having the power to
control the exercise of the right to vote attached to
securities and/or to control the exercise of the power to
dispose of securities in its capacity as investment
manager, as provided for under its investment
mandates. In addition, if any OTC derivatives, warrants
or other securities (other than ordinary shares or
ordinary units (as applicable)) are referred to below in
this row, the relevant interest in respect of those
securities arises under subsection 608(8) being an
accelerated relevant interest held in the same capacity.
Relevant interest under paragraph 608(1)(b) and/or
608(1)(c) of the Corporations Act 2001 (Cth), being a
relevant interest arising from having the power to
control the exercise of the right to vote attached to
securities and/or to control the exercise of the power to
dispose of securities in its capacity as investment
manager, as provided for under its investment
mandates. In addition, if any OTC derivatives, warrants
or other securities (other than ordinary shares or
ordinary units (as applicable)) are referred to below in
this row, the relevant interest in respect of those
securities arises under subsection 608(8) being an
accelerated relevant interest held in the same capacity.
Relevant interest under paragraph 608(1)(b) and/or
608(1)(c) of the Corporations Act 2001 (Cth), being a
relevant interest arising from having the power to
control the exercise of the right to vote attached to
securities and/or to control the exercise of the power to
dispose of securities in its capacity as investment
manager, as provided for under its investment
mandates. In addition, if any OTC derivatives, warrants
or other securities (other than ordinary shares or
ordinary units (as applicable)) are referred to below in
this row, the relevant interest in respect of those
securities arises under subsection 608(8) being an
accelerated relevant interest held in the same capacity.
Relevant interest under paragraph 608(1)(b) and/or
608(1)(c) of the Corporations Act 2001 (Cth), being a
relevant interest arising from having the power to
control the exercise of the right to vote attached to
securities and/or to control the exercise of the power to
dispose of securities in its capacity as investment
manager, as provided for under its investment
mandates. In addition, if any OTC derivatives, warrants
or other securities (other than ordinary shares or
ordinary units (as applicable)) are referred to below in
this row, the relevant interest in respect of those
securities arises under subsection 608(8) being an
accelerated relevant interest held in the same capacity.
Citibank N A Hong
Kong
State Street Global
Services
Citibank N A Hong
Kong
First Sentier Investors
(Australia) IM Ltd ACN 114
194 311
1,728,218
Fully Paid
ordinary shares
1,728,218
Mitsubishi UFJ Financial
Group
738,634
Fully Paid
ordinary shares
738,634
5. Changes in association
The persons who have become associates (2) of, ceased to be associates of, or have changed the nature of their association (9) with, the substantial holder in relation to voting
interests in the company or scheme are as follows:
6. Addresses
The addresses of persons named in this form are as follows:
Signature
print name capacity
sign here date 07/01/2026
Mitsubishi UFJ Financial Group
Level 5, Tower Three International Towers Sydney, 300 Barangaroo Avenue, Barangaroo NSW 2000, Australia
First Sentier Investors RQI Pty Ltd ACN 133 312 017
State Street Global
Services
Relevant interest under paragraph 608(1)(b) and/or
608(1)(c) of the Corporations Act 2001 (Cth), being a
relevant interest arising from having the power to
control the exercise of the right to vote attached to
securities and/or to control the exercise of the power to
dispose of securities in its capacity as investment
manager, as provided for under its investment
mandates. In addition, if any OTC derivatives, warrants
or other securities (other than ordinary shares or
ordinary units (as applicable)) are referred to below in
this row, the relevant interest in respect of those
securities arises under subsection 608(8) being an
accelerated relevant interest held in the same capacity.
Name and ACN/ARSN (if applicable)
1-4-5, Marunouchi, Chiyoda-ku, Tokyo 100-8330, Japan
Mitsubishi UFJ Financial Group Inc. (MUFG) owns
100% of First Sentier Group Limited (indirectly) and
has informed First Sentier Group Limited that it has a
relevant interest in the shares noted in this column.
Accordingly, First Sentier Group Limited has a relevant
interest or voting power in those shares pursuant to
section 608(3) or section 12(2)(a) of the Corporations
Act (as relevant). MUFG has not provided any further
details of that relevant interest - accordingly no
transaction information is recorded in Appendix B or
holder information is recorded in Section 4. Reference
is made to any subsequent filing of MUFG which will
reflect this interest.
Company Secretary
Address
Name
First Sentier Investors (Australia) IM Ltd ACN 114 194 311
Lisa Warburton
Level 5, Tower Three International Towers Sydney, 300 Barangaroo Avenue, Barangaroo NSW 2000, Australia
Mitsubishi UFJ
Financial Group
Nature of association
Annexure A
This is annexure A referred to in Form 604, Notice of change of interest of substantial holder dated 05/01/2026
Dated the 07/01/2026
SCHEDULE
Igneo (Luxembourg) EDIF IV GP S.à r.l (Company No. B302520)
Lisa Warburton
First Sentier Investors (Malta) Limited (Company Code C41267)
First Sentier Investors Strategic Investments Pty Limited (ACN 625 765 399)
First Sentier Investors (Australia) Infrastructure Holdings Ltd (ACN 085 313 926)
First Sentier Investors (Luxembourg) EDIF I Feeders MC S.A.R.L (Company No. B134314)
First Sentier Investors Asia Holdings Limited (ACN 054 571 701)
Mitsubishi UFJ Financial Group, Inc (Registration No. 0100-01-073486)
First Sentier Investors (Hong Kong) Nominees Limited (CR NO. 11541934)
First Sentier Investors (Singapore) Holdings Limited (Registration No. 199901706Z)
First Sentier Investors (Luxembourg) EDIF II GP S.Á.R.L (Company No. B204413)
First Sentier Investors (Australia) IM Ltd (ACN 114 194 311)
First Sentier Investors (UK) IM Limited (Company No. SC047708)
First Sentier Investors (Hong Kong) Limited (CR No. 11541926)
First Sentier Investors (Japan) Limited (Company No. 0104-01-093090)
First Sentier Investors UK Holdings Limited (Company No. 03904310)
First Sentier Investors (Luxembourg) Infrastructure (B) GP
S.A.R.L (Company No. B262476)
First Sentier Investors (Australia) ADIF Management Pty Ltd (Company No. 686 866 179)
AlbaCore Capital Limited (Company No. 581750)
AlbaCore Capital LLP (Company No. OC412196)
First Sentier Investors EU Holdings Limited (Company No. 727873)
First Sentier Investors (Hong Kong) AMC Limited (CR NO. 20492095)
FSSA (Singapore) Limited (Company No. UEN 202421579R)
FSIB LTD (Registration No. 26193)
First Sentier Investors International IM Limited (Company No. SC079063)
Company Secretary
First Sentier Investors (Malta) Holdings Limited (Company Code C41260)
First Sentier Investors (Australia) Services Pty Limited (ACN 624 305 595)
First Sentier Investors (Australia) RE Ltd (ACN 006 464 428)
First Sentier Investors (Australia) Infrastructure Managers Pty Ltd (ACN 101 384 294)
First Sentier Infrastructure Managers (International) Limited (Company No. 298444)
First Sentier Investors RQI Pty Ltd (ACN 133 312 017)
First Sentier Investors (UK) Services Limited (Company No. 03904320)
First Sentier Investors (Ireland) Limited (Company No. 629188)
First Sentier Investors (Singapore) (Company No. 196900420D)
First Sentier Investors (UK) Funds Limited (Company No. 02294743)
First Sentier Investors (Luxembourg) EDIF I MC S.A.R.L (Company No. B128117)
AlbaCore Capital (UK) Limited (Company No. 10220978)
FSSA Holdings Limited (Company No. UEN 202418662W)
AlbaCore Capital Group Limited (Company No. 727871)
First Sentier Investors
(Luxembourg) EDIF III GP S.A.R.L (Company No. B238701)
Mitsubishi UFJ Trust and Banking Corporation (Registration No. 0100-01-008770)
Annexure B
This is annexure B referred to in Form 604, Notice of change of interest of substantial holder dated 05/01/2026
Dated the 07/01/2026
Date of change
Consideration
given in relation
to change
Person's votes
affected
10/12/2025 193,937.45 85,435
Fully Paid
ordinary shares
85,435
10/12/2025 146,965.24 65,098
Fully Paid
ordinary shares
65,098
11/12/2025 3,425,041.39 1,535,893
Fully Paid
ordinary shares
1,535,893
11/12/2025 117,819.82 52,834
Fully Paid
ordinary shares
52,834
11/12/2025 283,450.84 127,108
Fully Paid
ordinary shares
127,108
12/12/2025 192,513.09 85,588
Fully Paid
ordinary shares
85,588
12/12/2025 71,134.11 31,625
Fully Paid
ordinary shares
31,625
12/12/2025 26,204.35 11,650
Fully Paid
ordinary shares
11,650
12/12/2025 29,243.15 13,001
Fully Paid
ordinary shares
13,001
12/12/2025 6,791.84 2,992
Fully Paid
ordinary shares
2,992
15/12/2025 148,042.59 65,217
Fully Paid
ordinary shares
65,217
15/12/2025 7,645.36 3,368
Fully Paid
ordinary shares
3,368
15/12/2025 102,068.28 44,964
Fully Paid
ordinary shares
44,964
15/12/2025 92,307.28 40,664
Fully Paid
ordinary shares
40,664
16/12/2025 199,009.10 89,070
Fully Paid
ordinary shares
89,070
18/12/2025 19,929.29 9,091
Fully Paid
ordinary shares
9,091
18/12/2025 186,812.71 85,217
Fully Paid
ordinary shares
85,217
18/12/2025 25,159.88 11,477
Fully Paid
ordinary shares
11,477
18/12/2025 22,426.21 10,230
Fully Paid
ordinary shares
10,230
18/12/2025 1,983.94 905
Fully Paid
ordinary shares
905
19/12/2025 43,933.28 20,189
Fully Paid
ordinary shares
20,189
22/12/2025 48,223.02 22,067
Fully Paid
ordinary shares
22,067
05/01/2026 37,497.88 17,419
Fully Paid
ordinary shares
17,419
05/01/2026 150,493.10 69,909
Fully Paid
ordinary shares
69,909
05/01/2026 68,550.58 31,844
Fully Paid
ordinary shares
31,844
05/01/2026 40,503.05 18,815
Fully Paid
ordinary shares
18,815
Purchase
Company Secretary
Class and number of securities
affected
First Sentier Investors RQI Pty Ltd ACN 133 312
017
Purchase
First Sentier Investors RQI Pty Ltd ACN 133 312
017
Purchase
Purchase
First Sentier Investors RQI Pty Ltd ACN 133 312
017
First Sentier Investors RQI Pty Ltd ACN 133 312
017
First Sentier Investors RQI Pty Ltd ACN 133 312
017
First Sentier Investors RQI Pty Ltd ACN 133 312
017
Purchase
Lisa Warburton
Purchase
First Sentier Investors RQI Pty Ltd ACN 133 312
017
First Sentier Investors RQI Pty Ltd ACN 133 312
017
Purchase
First Sentier Investors RQI Pty Ltd ACN 133 312
017
Purchase
First Sentier Investors RQI Pty Ltd ACN 133 312
017
First Sentier Investors RQI Pty Ltd ACN 133 312
017
First Sentier Investors RQI Pty Ltd ACN 133 312
017
Purchase
First Sentier Investors RQI Pty Ltd ACN 133 312
017
Purchase
First Sentier Investors RQI Pty Ltd ACN 133 312
017
Person whose relevant interest changed
Purchase
Purchase
First Sentier Investors RQI Pty Ltd ACN 133 312
017
Purchase
Nature of change
Purchase
First Sentier Investors RQI Pty Ltd ACN 133 312
017
First Sentier Investors RQI Pty Ltd ACN 133 312
017
First Sentier Investors RQI Pty Ltd ACN 133 312
017
Purchase
Purchase
First Sentier Investors RQI Pty Ltd ACN 133 312
017
Purchase
Purchase
Purchase
Purchase
First Sentier Investors RQI Pty Ltd ACN 133 312
017
First Sentier Investors RQI Pty Ltd ACN 133 312
017
First Sentier Investors RQI Pty Ltd ACN 133 312
017
Sale
Purchase
First Sentier Investors RQI Pty Ltd ACN 133 312
017
Purchase
Purchase
First Sentier Investors RQI Pty Ltd ACN 133 312
017
Purchase
First Sentier Investors RQI Pty Ltd ACN 133 312
017
Purchase
First Sentier Investors RQI Pty Ltd ACN 133 312
017
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