MUFG ceases to be substantial holder in JB Hi-Fi

Mitsubishi UFJ Financial Group, Inc. (MUFG) has ceased to be a substantial shareholder in JB Hi-Fi Limited, effective December 10, 2025. This follows various transactions involving the purchase and sale of securities.

MUFG's previous notice of substantial holding was given to JB Hi-Fi on December 9, 2025, with awareness of the change occurring on December 8, 2025. The cessation results from transactions involving entities controlled by both First Sentier Group Limited and Morgan Stanley.

Significant sales by Morgan Stanley-controlled entities included 2,420 fully paid ordinary shares for A$232,812.47 and 1,536 shares for A$150,674.36. Purchases were also notable, with 1,628 shares acquired for A$153,932.61. A substantial number of shares were also subject to collateral arrangements, including 924,372 fully paid ordinary shares returned through Morgan Stanley-controlled entities.

The changes reflect a recalibration of MUFG's investment in JB Hi-Fi, resulting in a reduction below the substantial holder threshold.