Macquarie Group exits as substantial holder in Alligator Energy

Macquarie Group Limited and its controlled bodies corporate, collectively known as 'Macquarie Group Entities,' ceased to be a substantial holder in Alligator Energy Limited on December 9, 2025. The previous notice to Alligator Energy was given on April 19, 2024, and dated April 16, 2024. This change marks a significant shift in Alligator Energy Limited’s ownership structure.

The announcement outlines numerous changes in relevant interests, predominantly involving Macquarie Bank Limited (MBL) engaging in both stock purchases and sales. These transactions, occurring between April 17, 2024, and December 12, 2025, involved a variety of share quantities at a consistent price of AUD 0.057 per security for many transactions. Notable transactions include multiple sales and purchases of FPO class securities, with volumes ranging from single digits to hundreds of thousands.

For instance, on April 17, 2024, MBL recorded a stock sale of 35,718 FPO class securities at AUD 0.057 and a purchase of 90,000 FPO class securities at the same price. More recently, on December 12, 2025, MBL engaged in several large purchases, including 407,854 FPO class securities at AUD 0.0375. These activities reflect the strategic adjustments made by Macquarie Group Entities leading to their ceasing of substantial holding.