Mitsubishi UFJ Group reduces stake in Fisher & Paykel

Mitsubishi UFJ Financial Group, Inc. (MUFG) and its subsidiaries, including Mitsubishi UFJ Trust and Banking Corporation and First Sentier Investors, disclosed that their substantial holding in Fisher & Paykel Healthcare Corporation (NZX:FPH) has ceased as of February 25, 2025. The disclosure, made on February 28, 2025, reveals a reduction in MUFG's holdings from 30,298,436 ordinary shares (5.169% stake) to 29,158,813 ordinary shares (4.975% stake). The transactions leading to this change involved a series of buy and sell orders executed primarily by First Sentier Investors' various entities. Further transactions relating to Morgan Stanley are detailed in a separate annexure. Kenji Takase, certifying on behalf of MUFG, confirmed the accuracy of the disclosure.