MUFG reduces stake in Chorus, no longer substantial holder

Mitsubishi UFJ Financial Group (MUFG), along with its subsidiaries First Sentier Investors RQI Pty Ltd and First Sentier Investors (Australia) IM Ltd, has ceased to be a substantial product holder in Chorus as of August 28, 2025. This disclosure follows their previous filing on July 18, 2025.

The total number of ordinary shares held in Chorus decreased from 21,789,105.87 to 18,713,504.87. This reduction has brought their total percentage held in class down from 5.022% to 4.313%. The announcement includes detailed transaction data from July 21, 2025, to August 28, 2025, outlining numerous buy and sell transactions by First Sentier Investors RQI Pty Ltd and First Sentier Investors (Australia) IM Ltd, as well as various Morgan Stanley entities, indicating a strategic portfolio adjustment.