MUFG becomes substantial holder in Perenti

Mitsubishi UFJ Financial Group Inc. (MUFG) has become a substantial holder in Perenti Limited, acquiring a total voting power of 5.88% across 55,287,473 fully paid ordinary shares. This threshold was crossed on December 11, 2025, with awareness confirmed on December 15, 2025. The relevant interests are held through various entities within the MUFG group, including First Sentier Group Limited and Morgan Stanley, where MUFG holds significant voting power.

A substantial portion of this stake, 54,503,458 shares, is attributed to First Sentier Group Limited, in which MUFG has 100% voting power. Additionally, Morgan Stanley, where MUFG holds over 20% voting power, accounts for 434,422 and 337,304 fully paid ordinary shares through different arrangements. These transactions involved both cash and non-cash considerations, with a significant amount of the shares acquired via non-cash collateral received from an entity controlled by Morgan Stanley.

Numerous acquisitions of fully paid ordinary shares occurred between December 8, 2025, and December 11, 2025, with a wide range of cash considerations paid, from less than AUD 100 to over AUD 180,000 for individual transactions. The largest single cash acquisition was AUD 373,844.65 for 152,758 shares on September 9, 2025, while the largest non-cash acquisition involved 2,111,847 shares received on December 9, 2025, as collateral.