Franklin Templeton Ceases to Be Substantial Holder in APA Group After 6 November 2026 Trade

Sonal Goyal

12 November 2026 10:15 AM AEDT

Franklin Templeton Ceases to Be Substantial Holder in APA Group After 6 November 2026 Trade

Image Source: Krish Capital Pty Ltd

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APA Group (ASX:APA) has received a Form 605 notice from Franklin Templeton, Inc., and its affiliates disclosing that the investment group has ceased to be a substantial holder in the company, with its voting power falling to 4.72% from a previously notified 6.03% following a change in relevant interests on 6 November 2026.

Key Points

Franklin Templeton, Inc., and its affiliates filed a notice of ceasing to be a substantial holder in APA Group Limited on 11 November 2026.
The change in relevant interests occurred on 6 November 2026.
Franklin Templeton's voting power fell to 4.72%, based on 1,332,814,554 shares, from 6.03% based on 1,315,181,016 shares.
The number of votes held by the group moved from 79,340,734 to 62,875,688 ordinary shares.
The previous substantial holding notice was given to APA Group on 21 January 2026.

Cessation of Substantial Holding Details

According to the filing lodged on 11 November 2026 and signed by Thomas C. Mandia in his capacity as Assistant Secretary of Franklin Templeton, Inc., the group's relevant interest in APA Group ordinary shares declined from 79,340,734 votes to 62,875,688 votes. This reduction brought Franklin Templeton's voting power below the 5% threshold that defines a substantial holder under the Corporations Law, triggering the obligation to file a Form 605 notice of ceasing to be a substantial holder.

Comparison with Previous Substantial Holding Notice

The filing states that the previous notice provided to APA Group was dated and given on 21 January 2026, at which time Franklin Templeton held 79,340,734 votes, representing 6.03% voting power based on a total of 1,315,181,016 shares on issue. The present notice records 62,875,688 votes and a voting power of 4.72%, based on a total of 1,332,814,554 shares on issue, as at the date of the change on 6 November 2026.

Affiliates Named in the Filing

The filing identifies numerous affiliates of Franklin Templeton, Inc. included in the composite notice, covering entities operating across multiple jurisdictions including Australia, the United Kingdom, Luxembourg, the United States, Canada, Japan, Hong Kong, Brazil, South Korea, Malaysia, India, Mexico, the United Arab Emirates, Mauritius, and the Cayman Islands. Australian-based affiliates named in the filing include Franklin Templeton Australia Limited, Franklin Templeton (Australia) Holdings Pty Ltd, ClearBridge Investments (North America) Pty Limited, and ClearBridge Investments Limited. No changes in association were reported as applicable in the filing.

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