Austal Limited (ASX:ASB) has received a Form 605 notice disclosing that State Street Corporation and its subsidiaries ceased to be a substantial holder in the company on 8 September 2026, with the notice lodged on 10 September 2026.

Key Points

  • State Street Corporation and its subsidiaries ceased to be a substantial holder in Austal Limited on 8 September 2026.
  • The previous substantial holding notice was given to the company on 28 August 2026 and was dated 26 August 2026.
  • Changes in relevant interests were recorded across ordinary shares, with transactions including collateral received and one transfer out, occurring primarily on 27 and 28 August 2026.
  • The relevant entities involved include State Street Bank and Trust Company, State Street Global Advisors, Australia, Limited, and other subsidiaries of State Street Corporation.

Notice of Ceasing to Be a Substantial Holder

State Street Corporation, through its subsidiaries, filed a Form 605 notice under Section 671B of the Corporations Act 2001 disclosing that the group ceased to be a substantial holder in Austal Limited on 8 September 2026. The filing was signed by authorised signatory Alok Maheshwary and dated 10 September 2026. The notice identified State Street Bank and Trust Company, SSGA Funds Management Inc., State Street Global Advisors Europe Limited, State Street Global Advisors Trust Company, State Street Global Advisors Limited, and State Street Global Advisors, Australia, Limited as the relevant associated entities.

Changes in Relevant Interests in Austal Ordinary Shares

According to the filing, the changes in relevant interests occurred between 27 August 2026 and 28 August 2026. The transactions were predominantly characterised as collateral received, with one transaction recorded as a transfer out at a consideration of 4.10, affecting 1,368 ordinary shares. The remaining transactions listed a consideration of n/a. Individual share movements across the listed transactions ranged from a reduction of 10,883 ordinary shares to an addition of 43,456 ordinary shares, with State Street Bank and Trust Company named as the person whose relevant interest changed across the majority of the recorded transactions.

Associated Entities and Addresses Disclosed

The filing listed the addresses of the associated entities involved in the notice. State Street Global Advisors, Australia, Limited is located at Level 15, 420 George Street, Sydney NSW 2000, Australia. State Street Global Advisors Europe Limited is based at 20 Churchill Place, London, England. State Street Bank and Trust Company, SSGA Funds Management Inc., and State Street Global Advisors Trust Company are each addressed at addresses in Boston, Massachusetts, United States. State Street Global Advisors Limited is located at 78 Sir John Rogerson's Quay, Dublin 2, Ireland. All entities are identified as subsidiaries of State Street Corporation.