State Street reduces stake in Steadfast Group

State Street Corporation and its subsidiaries have altered their substantial holding in Steadfast Group Limited, with the latest notice filed on October 27, 2025. The previous notice was dated November 22, 2024, indicating a change in interests that occurred on October 23, 2025.

The total voting power held by State Street Corporation decreased from 7.22% to 6.21%. The number of votes attached to all voting shares changed from 68,742,883 to 80,287,835 ordinary shares. This adjustment reflects various transactions, including transfers in and out, and collateral movements such as ‘Lend - for stock lend’ and ‘Collateral received,’ as detailed in the annexures.

Key movements show State Street Global Advisors, Australia, Limited, among other entities, engaging in numerous collateral transactions. For instance, on October 25, 2025, State Street Bank and Trust Company recorded a "Collateral received" transaction of 677,801 ordinary shares. The relevant interests are primarily driven by the power to control voting rights and dispose of securities as an investment manager or trustee.