MA Financial Group updates substantial shareholding and free float

MA Financial Group Limited today released an update on its substantial holding and free float analysis, reporting its free float at 58.4% of total issued capital. This follows the submission of a Form 604 Notice of Change of Interest of Substantial Holder, showing an increase in its voting power from 11.22% (20,572,836 votes) to 16.17% (31,515,162 votes) of ordinary fully paid shares.

The change in voting power occurred between May 7, 2025, and September 1, 2025, and involved both on-market and off-market disposals and acquisitions by MAFG and its Plan Trustee. Notable transactions included on-market disposals totalling -415,037 ordinary shares for approximately $2.68 million and acquisitions of 200,500 ordinary shares for approximately $1.14 million. An additional 11,441,531 ordinary shares were issued on September 1, 2025, as part of the acquisition of IPG, subject to voluntary escrow arrangements.

The total shares on issue for MA Financial Group Limited now stand at 194,867,377, with 113,752,038 total free float shares. Shares held by directors, employees, and related parties (excluded shares) amount to 81,115,339, representing 41.6% of the issued capital.