Citi no longer substantial holder in Ramelius Resources

Citigroup Global Markets Australia Pty Limited and its related entities announced their cessation as a substantial holder in Ramelius Resources Ltd (ASX:RMS) on September 16, 2025. The previous notice to the company was issued on September 17, 2025.

The change in relevant interests involved several transactions. Citibank, N.A. Sydney Branch, decreased its relevant interest by 25,600,000 ordinary fully paid shares through securities lending agreements. Citigroup Global Markets Australia Pty Limited also reduced its holdings by 7,249,281 ordinary fully paid shares via contracts entered into in the ordinary course of business and securities lending. Additionally, Citigroup Global Markets Inc decreased its relevant interest by 100,000 ordinary fully paid shares due to securities lending.

Conversely, Citigroup Global Markets Limited reported an increased relevant interest of 7,338,390 ordinary fully paid shares, also through contracts subject to a securities lending agreement. The overall effect of these changes led to the Citi group's departure from substantial holder status.