MUFG becomes substantial shareholder in Corporate Travel Management

Mitsubishi UFJ Financial Group became a substantial holder in Corporate Travel Management Ltd on August 14, 2025, reaching a voting power of 5.03% across 7,362,202 fully paid ordinary shares.

The relevant interest includes holdings through First Sentier Group Limited, where MUFG holds 100% voting power, and Morgan Stanley, where MUFG holds over 20% voting power.

The acquisition involved various transactions between April 15 and August 14, 2025, including cash purchases and shares borrowed via Morgan Stanley, with individual transaction values ranging from AUD12.37 to AUD1,239,322.88.

First Sentier Group Limited ceased to be a substantial holder in Corporate Travel Management on August 15, 2025, reflecting a transfer or change in the nature of their association with MUFG.