Fiducian shareholders back all resolutions as MA Financial takes substantial stake

Fiducian Group Limited (ASX:FID) announced that all resolutions proposed at its annual general meeting on Thursday, October 9, 2025, were passed by shareholders via poll. The resolutions included the adoption of the remuneration report, the election of director Samir (Sam) Hallab, and the approval of executive chairman share options, all of which received overwhelming support with over 93% of votes cast in favour for each.

Concurrently, MA Financial Group Limited (MAF) became a substantial holder in Fiducian Group Limited on October 7, 2025, acquiring a relevant interest in 1,614,939 ordinary fully paid securities, representing a 5.12% voting power. This acquisition involved cash consideration for shares through various MA Financial Group entities, including MA Investment Management Pty Ltd and MA Asset Management Ltd.

The acquisition consideration spanned several dates, with net settlements ranging from AUD 1,015.28 to AUD 8,776,505.64, involving numerous share transactions from March 2022 to October 2025, ultimately resulting in the 5.12% stake. This strategic move by MA Financial Group Limited establishes a new key stakeholder in Fiducian Group, a successful Australian-owned end-to-end financial services company.