Macquarie Group boosts stake in Perenti Limited

Macquarie Group Limited and its associated entities increased their substantial holding in Perenti Limited from 5.06% to 6.21% as of November 18, 2025. This change represents an increase of 10,808,391 shares, bringing their total voting power to 58,321,084 shares. The previous notice was dated October 22, 2025, with the new notice issued on November 21, 2025.

The change in relevant interests involved numerous on-market purchases and stock transactions by Macquarie Bank Limited, Macquarie Investment Management Australia Limited, Macquarie Investment Management Limited, Macquarie Investment Services Limited, and Macquarie Investment Management Global Limited. Notable transactions included significant on-market purchases by MIMGL and MIMAL, along with substantial stock purchases and sales by MBL.

Consideration for these transactions was primarily in AUD, with prices ranging from AUD 2.505 to AUD 2.78 per security. The nature of these changes included direct on-market trades, collateral receives/returns, and transfers between client accounts.