Macquarie Group becomes substantial holder in Sandfire Resources

Macquarie Group Limited and its controlled bodies corporate became a substantial holder in Sandfire Resources Limited on November 25, 2025. The group now holds a total voting power of 5.08%, representing 23,384,766 shares in Sandfire Resources.

The relevant interests are spread across several Macquarie entities, including Macquarie Bank Limited (MBL) with 4,395,305 shares, Macquarie Investment Management Australia Limited (MIMAL) with 3,387,795 shares, and Macquarie Investment Management Global Limited (MIMGL) with 2,860,168 shares. Other entities such as Macquarie Investment Management Limited and Macquarie Investment Services Limited also hold shares, contributing to the total.

The acquisition of these relevant interests primarily involved on-market purchases and transfers. Notable transactions include MIMGL's on-market purchase of 55,682 FPO shares at AUD 15.15 and MIMAL's purchases totaling over 17,866 FPO shares at AUD 15.17, all occurring in November 2025. Macquarie Bank Limited also engaged in various stock purchases and sales, as well as collateral receive and return activities.