Macquarie Group boosts stake in Graincorp Limited

Macquarie Group Limited (MQG) and its associated entities now hold 9.84% of the voting power in Graincorp Limited, up from their previous stake of 8.43%. This change reflects an increase of 3,136,994 votes, bringing their total votes to 21,883,251. The change in interests occurred on December 17, 2025.

The nature of the relevant interest for Macquarie Bank Limited (MBL) primarily involves the power to control voting rights and disposal of securities, with a significant holding of 5,602,718 FPO securities. Other Macquarie entities, including Macquarie Investment Management Australia Limited and Macquarie Investment Management Limited, also hold substantial interests as trustees and investment managers, further solidifying Macquarie's increased influence in Graincorp.

Multiple transactions, predominantly stock sales by MBL and on-market purchases by Macquarie Investment Management Global Limited (MIMGL) and Macquarie Investment Management Australia Limited (MIMAL), contributed to this shift. These transactions, executed between December 4, 2025, and December 17, 2025, involved various AUD prices. Additionally, securities lending agreements were noted, with MBL acting as the lender to various clients.