FilingReader Intelligence

First Sentier group boosts Steadfast Group holding to over 8%

September 1, 2025 at 10:05 AM UTCBy FilingReader AI

First Sentier Group Limited and its related bodies corporate, including First Sentier Investors RQI Pty Ltd, First Sentier Investors (Australia) IM Ltd, and First Sentier Investors (Australia) RE Ltd, have increased their voting power in Steadfast Group Limited from 7.07% to 8.09%. This change reflects a series of purchases and some sales of fully paid ordinary shares between September 2024 and August 2025.

Notable transactions include a significant purchase of 1,000,000 fully paid ordinary shares on March 4, 2025, for A$5,445,000.00 by First Sentier Investors (Australia) IM Ltd. Other substantial acquisitions were on October 30, 2024, with 391,570 shares bought for A$2,149,122.16 and 228,592 shares for A$1,254,621.48. Sales during this period were also recorded, including 1,459,186 shares on March 24, 2025, for A$8,652,972.98. The total number of votes held by the group now stands at 89,483,161. Additionally, First Sentier Investors RQI Pty Ltd increased its borrowed shares by 108,660 on March 26, 2025, and by 93,826 on April 7, 2025, through a Prime Brokerage Agreement with Citigroup Global Markets Limited.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

ASX:SDFAustralian Securities Exchange

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