Citigroup lifts stake in Evolution Mining to over 7.7%

Citigroup Global Markets Australia Pty Limited and its related bodies corporate have become a more substantial shareholder in Evolution Mining Ltd (ASX:EVN), increasing their voting power from 6.0114% to 7.7742%. This change reflects an acquisition of an additional 35,494,729 ordinary fully paid shares, bringing their total holdings to 156,540,187 shares. The previous notice was dated September 5, 2025, with the latest changes occurring on September 4, 2025.

The increase in relevant interest stems from various transactions. Citibank, N.A. increased its holdings by 188 ordinary fully paid shares through stock market contracts. Citigroup Global Markets Australia Pty Limited also increased its relevant interest by 23,613 ordinary fully paid shares, partly through a securities lending agreement. Conversely, Citigroup Global Markets Inc decreased its relevant interest by 3,868,000 ordinary fully paid shares under a securities lending agreement. However, Citigroup Global Markets Limited significantly boosted its holdings by 39,338,928 ordinary fully paid shares, also under a securities lending agreement.

The present relevant interests include 220,128 shares held by Citibank, N.A., 35,590,003 shares by Citibank, N.A. Sydney Branch, 878,275 shares by Citigroup Global Markets Australia Pty Limited, 119,704,171 shares by Citigroup Global Markets Limited, and 147,610 shares by Citicorp Trust Delaware, National Association. All increases are attributed to contracts entered into in the ordinary course of business on a stock market, with some under securities lending agreements.