Macquarie Group adjusts holdings in St George Mining, exits other investments

Macquarie Group Limited and its controlled entities reported a change in their substantial holding in St George Mining Limited. The group's voting power decreased from 6.19% to 5.20% as of November 26, 2025. This change follows various on-market transactions by Macquarie Bank Limited, including stock sales and purchases, and collateral receive/return actions, primarily affecting FPO securities.

Securities lending agreements are in place with Macquarie Bank Limited as the primary party, and various clients (including Ausbil Investment Management Limited, Russell Investment Management Ltd, and Vinva Investment Management Limited) acting as lenders. These agreements generally transfer voting rights to the borrower, which can exercise them at its discretion.

Additionally, Macquarie Group Limited ceased to be a substantial holder in Sandfire Resources Limited and Jumbo Interactive Limited as of November 26, 2025. The changes in these holdings also reflect numerous on-market transactions, including sales and purchases by Macquarie Bank Limited, Macquarie Investment Management Australia Limited, and Macquarie Investment Management Global Limited.