First Sentier Group cuts stake in Platinum Asset Management

As of September 2, 2025, First Sentier Group Limited’s voting power in Platinum Asset Management Ltd has decreased from 10.34% to 8.89%. This reflects a reduction in their total votes from 60,202,450 to 51,730,822 ordinary shares. The previous notice of substantial holding was given on August 27, 2025.

The change in voting power stems from various buy and sell transactions executed between August 25, 2025, and September 2, 2025. Noteworthy transactions include First Sentier Investors RQI Pty Ltd conducting several purchases and sales, with a significant sale of 56,690 shares for AUD 45,153.59 on September 1, 2025. Similarly, First Sentier Investors (Australia) IM Ltd made multiple purchases, including 23,453 shares for AUD 17,357.57 on September 2, 2025.

The current holdings include 44,849,003 shares held by First Sentier Group Limited and its subsidiaries, and 6,881,819 shares where Mitsubishi UFJ Financial Group, Inc., First Sentier Group Limited’s ultimate parent, holds voting power. Mitsubishi UFJ Financial Group, Inc. maintains an indirect 100% ownership of First Sentier Group Limited.