First Sentier Group Lifts Substantial Holding in Service Stream Limited to 7.05% as of 9 November 2026

Aakashdeep

11 November 2026 06:09 PM AEDT

First Sentier Group Lifts Substantial Holding in Service Stream Limited to 7.05% as of 9 November 2026

Image Source: Krish Capital Pty Ltd

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Service Stream Limited (ASX:SSM) has received a notice of change of interests of substantial holder from First Sentier Group Limited ACN 630 725 558 and its related bodies corporate, disclosing that the group's voting power in Service Stream increased from 5.70% to 7.05%, with the change occurring on 9 November 2026.

Key Points

First Sentier Group Limited and its related bodies corporate disclosed a change in their substantial holding in Service Stream Limited on 9 November 2026.
Voting power increased from 5.70% (previous notice) to 7.05% (present notice).
The present relevant interest covers 43,610,802 fully paid ordinary shares, up from 35,272,733 shares in the previous notice.
The previous notice was given to the company on 20 May 2026 and was dated 15 May 2026.
First Sentier Investors RQI Pty Ltd and First Sentier Investors (Australia) IM Ltd are listed among the holders of relevant interests.

Change in Voting Power and Share Holdings

According to the filing, the total number of fully paid ordinary shares in which First Sentier Group Limited and its related bodies corporate hold a relevant interest stands at 43,610,802 as of the present notice, compared with 35,272,733 shares disclosed in the previous notice. The filing notes that these securities are comprised of 32,607,720 shares in which First Sentier Group Limited and its subsidiaries have voting power, and 11,003,082 securities in which First Sentier Group Limited's ultimate parent, Mitsubishi UFJ Financial Group, Inc., on and from 9 November 2026, has informed it that it has voting power prior to the date of this notice.

Nature of Relevant Interests Held by First Sentier Entities

The filing states that the relevant interests held by First Sentier Investors RQI Pty Ltd ACN 133 312 017 and First Sentier Investors (Australia) IM Ltd ACN 114 194 311 arise under paragraphs 608(1)(b) and/or 608(1)(c) of the Corporations Act 2001 (Cth). These interests stem from having the power to control the exercise of the right to vote attached to securities and/or to control the exercise of the power to dispose of securities, in each entity's capacity as investment manager, as provided for under its investment mandates. Individual holdings disclosed for First Sentier Investors RQI Pty Ltd include parcels of 1,041,814, 2,410,967, 13,371,607, 1,539,052, 3,488,891, 5,166,292, 688,876 and 4,900,221 fully paid ordinary shares.

Registered Holders and Custodians Named in the Filing

The filing identifies several registered holders of the relevant securities, including BNP Paribas Securities, State Street Global Services, State Street Global Advisors (Australia) Limited, Citibank N.A. Hong Kong, and Citigroup Global Markets Inc. The relevant interests held through these custodians are attributed to First Sentier Investors RQI Pty Ltd and First Sentier Investors (Australia) IM Ltd acting in their capacity as investment managers. The filing was lodged pursuant to Section 671B of the Corporations Act 2001, with Service Stream Limited carrying ACN 072 369 870.

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