Investment firms declare substantial holdings in Tabcorp

Australian Retirement Trust became a substantial holder in Tabcorp Holdings Limited on December 18, 2025, with a relevant interest in 115,164,720 ordinary shares, representing 5.031% of the issued capital. Their stake is held as trustee of a superannuation fund, with HSBC Custody Nominees (Australia) Limited as the registered holder.

Separately, Macquarie Group Limited and its controlled bodies corporate also became a substantial holder in Tabcorp Holdings Limited on December 17, 2025, with a relevant interest in 114,646,686 ordinary shares, representing 5.01% of the voting power. Their relevant interests stem from various capacities, including controlling voting rights as trustee and investment manager, and through stock borrowing and lending activities.

Tabcorp highlighted existing restrictions on shareholdings, noting limitations on voting power exceeding 10% without government consent, which also applies to the NSW Wagering Licence holder, TAB Limited. Transfers contravening these restrictions may be refused, or divestiture required.