State Street exits as substantial holder in Smartgroup

State Street Corporation and its subsidiaries are no longer a substantial holder in Smartgroup Corporation Ltd, with the change taking effect on September 19, 2025. The previous notice to the company was issued on January 22, 2025, and dated January 20, 2025. This cessation involves various collateral received and transferred in and out transactions affecting Ordinary shares.

Over several dates in 2025, State Street Bank and Trust Company engaged in numerous collateral transactions, both receiving and returning shares, alongside transfer activities involving State Street Global Advisors entities and SSGA Funds Management, Inc. Key transactions included significant collateral received of 397,405 Ordinary shares on April 24, 2025, and collateral released of -484,409 Ordinary shares on September 19, 2025.

Notable transfers included 83,751 Ordinary shares transferred in by State Street Global Advisors, Australia, Limited on February 21, 2025, and -271,917 Ordinary shares transferred out by the same entity on September 19, 2025. The various dates and magnitudes of these collateral movements and transfers ultimately led to State Street and its related entities ceasing to be a substantial holder.