Citigroup becomes substantial holder in Flight Centre Travel Group

Citigroup Global Markets Australia Pty Limited and its related entities became a substantial holder in Flight Centre Travel Group Ltd (FLT) on November 25, 2025. This acquisition represents a relevant interest in 10,688,465 ordinary fully paid shares, equating to a 5.0013% voting power. Citibank, N.A. Sydney Branch holds 5,947,595 shares as an agent lender, while Citigroup Global Markets Australia Pty Limited holds 1,681,278 shares, and Citigroup Global Markets Funding Luxembourg S.C.A. holds 75,230 shares. Other affiliated entities also hold varying amounts.

The acquisitions primarily occurred through contracts entered into under securities lending agreements and in the ordinary course of business on stock markets, involving various parties and settlement dates. For instance, a Global Master Securities Lending Agreement (GMSLA) dated November 27, 2025, lists JPMorgan Chase Bank, N.A. as lender and BNP Paribas Financial Markets as borrower. Other agreements involve borrowers like Citigroup Global Markets Inc., Goldman Sachs & Co. LLC, and Morgan Stanley & Co. International PLC.

Conversely, JPMorgan Chase & Co. and its affiliates ceased to be a substantial holder on November 25, 2025. Their previous notice was given on the same date. Their changes in relevant interests included various sales and purchases of ordinary shares by entities such as J.P. Morgan Securities Australia Limited and J.P. Morgan Securities PLC. For example, on November 25, 2025, J.P. Morgan Securities Australia Limited sold 22,379 ordinary shares for AUD 278,154.07.