MUFG exits as substantial holder in Bega Cheese

Mitsubishi UFJ Financial Group, Inc. (MUFG) ceased to be a substantial holder in Bega Cheese Limited on August 28, 2025. The previous notice was given and dated August 29, 2025, with MUFG becoming aware of the change on September 1, 2025. This exit follows a series of transactions, predominantly sales of securities, executed by entities controlled by Morgan Stanley and First Sentier Group Limited.

Throughout August 27 and 28, 2025, there were numerous transactions involving the sale of Fully Paid ordinary shares. Significant sales by entities controlled by Morgan Stanley on August 27 included 21,090 shares for A$119,158.50, 12,295 shares for A$69,466.75, and 12,019 shares for A$67,907.35. Sales on August 28 included 10,668 shares for A$59,847.48 and 8,859 shares for A$49,698.99.

Additionally, some purchases were recorded, but these were significantly offset by the sales. A notable borrow return of 55,329 Fully Paid ordinary shares by an entity controlled by Morgan Stanley was also reported on August 28, 2025, with a related borrow return on August 27, 2025, of 17,571 Fully Paid ordinary shares. These activities collectively led to MUFG's cessation as a substantial holder.