First Sentier group becomes substantial shareholder in ARB Corporation

First Sentier Group Limited and its related bodies corporate became a substantial holder in ARB Corporation Ltd on October 10, 2025. This move gives First Sentier Group a total voting power of 5.13%, representing 4,271,546 fully paid ordinary shares. The relevant interests are held by First Sentier Investors RQI Pty Ltd and First Sentier Investors (Australia) IM Ltd as investment managers, with Mitsubishi UFJ Financial Group, Inc. also noting an interest in 721,708 shares from October 10, 2025.

The acquisition involved various transactions over the preceding four months, with consideration predominantly in cash. For example, on July 15, 2025, First Sentier Investors (Australia) IM Ltd acquired 51,000 fully paid ordinary shares for A$1,734,510.00. Another significant acquisition by First Sentier Investors (Australia) IM Ltd on August 22, 2025, involved 13,068 shares for A$526,735.80.

The reported relevant interests include both direct holdings and shares borrowed through prime brokerage agreements, such as those with Citigroup Global Markets Limited. These agreements facilitate the acquisition of voting rights and disposal powers as per investment mandates.