Australian Retirement Trust takes substantial stake in Sandfire Resources

Australian Retirement Trust has become a substantial holder in Sandfire Resources Limited as of November 17, 2025. The entity now holds a relevant interest in 23,060,815 fully paid ordinary shares, representing a voting power of 5.005%. The registered holder of these securities is HSBC Custody Nominees (Australia) Limited.

The acquisition involved numerous transactions between July 21, 2025, and November 17, 2025, encompassing both purchases and sales. Significant acquisitions include AUD 5,459,123.26 for 433,560 shares on August 28, 2025; AUD 5,839,222.49 for 474,838 shares on September 23, 2025; and AUD 1,906,934.94 for 121,388 shares on October 9, 2025.

The nature of the relevant interest is described as the power to exercise voting rights pursuant to the position held as trustee of a superannuation fund. The total consideration paid for the acquisitions reflects a series of cash transactions, leading to the substantial holding.