First Sentier group becomes substantial shareholder in Grange Resources

First Sentier Group Limited and its related bodies corporate or associates became a substantial holder in Grange Resources Ltd on December 2, 2025. The group now holds a relevant interest in 58,428,916 fully paid ordinary shares, representing a 5.05% voting power in the company. This includes 56,162,396 shares under the voting power of First Sentier Group Limited and its subsidiaries, and an additional 2,266,520 shares under the voting power of Mitsubishi UFJ Financial Group, Inc., the ultimate parent of First Sentier Group Limited.

First Sentier Investors RQI Pty Ltd, a wholly-owned subsidiary, holds a direct relevant interest in 56,162,396 shares, acting as an investment manager with control over voting and disposal rights. Mitsubishi UFJ Financial Group, Inc. has also informed First Sentier Group Limited of its relevant interest in 2,266,520 shares.

The acquisition of these shares involved various cash considerations, with individual transactions by First Sentier Investors RQI Pty Ltd ranging from AUD 915.24 to AUD 173,218.19 during the four months leading up to the declaration date. The registered holders include Citibank N A Hong Kong, JP Morgan Chase, and Northern Trust Singapore for portions of the First Sentier Investors RQI Pty Ltd holdings.