MUFG exits as substantial holder in Beach Energy
Mitsubishi UFJ Financial Group, Inc. (MUFG) has ceased to be a substantial shareholder in Beach Energy Limited, as per an announcement dated October 2, 2025. The change took effect on September 29, 2025, with MUFG becoming aware of the cessation on October 1, 2025.
During this period, MUFG's relevant interest changed through various purchase and sale transactions of fully paid ordinary shares by entities controlled by Morgan Stanley. Notable transactions included the purchase of 123,240 shares for AUD 146,237.08 and the sale of 147,645 shares for AUD 176,435.78, among many others. Additionally, significant blocks of shares were returned from borrowing arrangements, including 1,625,403, 1,019,194, and 7,568,721 fully paid ordinary shares.
The transactions reflect a mix of buying and selling activities, ultimately leading to MUFG's exit as a substantial holder in Beach Energy. The underlying agreements governing these changes include Australian and Global Master Securities Lending Agreements, as well as an International Prime Brokerage Agreement.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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