Macquarie Group exits substantial holder position in Lifestyle Communities

Macquarie Group Limited (MQG) and its controlled bodies corporate ceased to be a substantial holder in Lifestyle Communities Limited (LIC) on September 17, 2025. The previous notice of substantial holding was given on September 15, 2025.

The changes in relevant interests include various stock purchases and sales, as well as collateral receive/return transactions by Macquarie Bank Limited (MBL) and Macquarie Investment Management Australia Limited (MIMAL) between September 11, 2025, and September 17, 2025. Notable transactions include a stock sale by MBL of AUD 4,744 and a collateral return of AUD 51,334 on September 11, 2025. On September 15, 2025, MIMAL made an on-market purchase of AUD 10,082, while MBL had a collateral receive return of AUD 650,000 on September 12, 2025. On September 17, 2025, MBL recorded several stock purchases totaling AUD 879, AUD 5, AUD 301, AUD 1,886, AUD 1,766, AUD 475, AUD 1, AUD 543, and AUD 480 respectively, alongside collateral receive returns of AUD 1,800,000 and AUD 150,000.

Securities Lending Agreements, primarily involving Macquarie Bank Limited as the borrower, indicate that voting rights typically transfer to the transferee. However, there are provisions for the transferor to instruct on voting in certain circumstances. The borrower has the right to return securities early with notice, and the lender can recall them early with notice given before the close of business on a business day.