Macquarie Group boosts Graincorp stake to 8.43%

Macquarie Group Limited, along with its controlled bodies corporate, announced a notable increase in its substantial holding in Graincorp Limited, with their voting power rising from 7.34% to 8.43%. The change in interests occurred on December 3, 2025, following a previous notification dated December 2, 2025. This increase translates to a total of 18,746,209 voting shares, up from 16,320,366 shares previously held.

The changes in relevant interests primarily involved Macquarie Bank Limited (MBL) engaging in various stock sales and purchases of FPO securities, alongside collateral receive and return transactions. For instance, on December 2, 2025, MBL recorded substantial collateral receive transactions totalling 652,640 FPO securities and a collateral return of 257,703 FPO securities. Similarly, Macquarie Investment Management Australia Limited (MIMAL) and Macquarie Investment Management Global Limited (MIMGL) executed on-market purchases of FPO securities, with MIMAL acquiring 8,054 FPO securities at AUD 8.01 and 68,297 FPO securities at AUD 8.08 on December 2, 2025.

The nature of the relevant interests held by Macquarie Group Entities includes the power to control voting rights and disposal of securities, as well as control over disposal through stock borrowing and lending activities. These agreements involve parties such as Blackrock Advisors (UK) Limited, HMC Capital Partners Holdings Pty Ltd, and Vinva Investment Management Limited.