Australian Retirement Trust exits, Macquarie Group becomes substantial holder in Sandfire Resources

Australian Retirement Trust ceased to be a substantial holder in Sandfire Resources Limited on November 13, 2025. This follows a series of transactions, including both purchases and sales of shares from July 21, 2025, to November 13, 2025, with individual transaction values ranging from AUD1.77 to AUD140,961.04.

Conversely, Macquarie Group Limited and its controlled entities became a substantial holder in Sandfire Resources Limited on November 18, 2025, with a voting power of 5.02%, representing 23,144,731 FPO shares. Their relevant interests stem from the power to control voting rights and disposal of securities, including those held as a trustee of a superannuation fund and through stock borrowing and lending activities. Macquarie Bank Limited, Macquarie Investment Management Australia Limited, Macquarie Investment Management Global Limited, Macquarie Investment Management Limited, and Macquarie Investment Services Limited were identified as entities with relevant interests. These changes reflect a dynamic shift in major institutional ownership of Sandfire Resources Limited.