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OFX GROUP LIMITED — Major Shareholding Notification 2025
Sep 10, 2025
65487_rns_2025-09-10_6a0b5d7e-22e1-4fee-9a84-cde6b7af0431.pdf
Major Shareholding Notification
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Form 605 Corporations Act Section 671B
Notice of ceasing to be a substantial holder
To: OFX Group Ltd (“OFX”, Ordinary Fully Paid)
1. Details of substantial shareholder
Citigroup Global Markets Australia Pty Limited (ACN 003 114 832) and each of the related bodies corporate in the Citi group of companies worldwide (for more details please visit www.citigroup.com).
The holder ceased being a substantial holder on 9 September 2025.
The previous notice had been given to the company on 10 September 2025.
2. Changes in relevant interests
Particulars of each change in, or change in the nature of, a relevant interest of the substantial holder or an associate in voting securities of the company or scheme, since the substantial holder was last required to give a substantial holding notice to the company or scheme are as follows:
| Date ofchange | Person whoserelevant interestchanged andPerson’s votesaffected | Nature of Relevant Interest | Class andnumber ofsecuritiesaffected |
|---|---|---|---|
| Citigroup Global Markets Australia Pty | |||
| Limited holds a decreased relevant | |||
| interest in these shares pursuant to | |||
| contracts entered into subject to an | |||
| 9 | Citigroup Global | obligation to return under a securities | - 2,000,622 |
| September | Markets Australia | lending agreement**and**pursuant to | Ordinary Fully |
| 2025 | Pty Limited | contracts entered into in the ordinary | Paid |
| course of business on a stock market of a | |||
| stock exchange, containing no terms and | |||
| conditions other than standard terms and | |||
| conditions. Refer to Annexure A. | |||
| Citigroup Global Markets Limited holds a | |||
| 9September2025 | Citigroup GlobalMarkets Limited | decreased relevant interest in theseshares pursuant to contracts entered intosubject to an obligation to return under asecurities lending agreement. Refer to | - 27,914Ordinary FullyPaid |
| Annexure A. |
3. Changes in association
The persons who have become associates of, ceased to be associates of, or have changed the nature of their association with, the substantial holder in relation to voting interests in the company or scheme are as follows:
| Name and ACN/ARSN (if applicable) | Nature of association |
|---|---|
| N/A | N/A |
4. Addresses
The addresses of persons named in this form are as follows:
| Name | Address |
|---|---|
| Citigroup Global Markets Australia Pty Limited | Citigroup Centre2 Park St Sydney, NSW 2000 Australia |
| Citigroup Global Markets Limited | Citigroup Centre, Canary Wharf33 Canada SquareLondon, E14 5LB, United Kingdom |
Dated this day, 11 September 2025.
11/09/2025
X Briana Mandile
Briana Mandile Markets Compliance Australia Signed by: be50234
Citigroup Global Markets Australia Pty Limited T: +61 2 8225 4066
Annexure A
This is Annexure A of 2 pages referred to in Form 605 ‘Notice of ceasing to be a substantial holder’
| Schedule (Loan) | |
|---|---|
| Type of Agreement | AMSLA/ GMSLA/MSLA |
| Parties to Agreement | Various |
| Transfer date | Various |
| Holder of voting rights | Borrower |
| **Are there any restrictions on voting rights? ** | No |
| Scheduled return date | Unknown |
| Does the borrower have the right to return**early? ** | Yes |
| If yes, details | Standard AMSLA / GMSLA / MSLA terms |
| Does the lender have the right to recall**early? ** | Yes |
| Ifyes, details | StandardAMSLA/ GMSLA/MSLAterms |
| Will the securities be returned on**settlement? ** | n/a |
| Statement | If requested by the company to whom theprescribed form must be given, or if requestedby ASIC, Citi will give a copy of the AMSLA /GMSLA/MSLAto the company or ASIC. |
| Schedule (Agency Lending Agreement) | Schedule (Agency Lending Agreement) | Schedule (Agency Lending Agreement) | Schedule (Agency Lending Agreement) | ||||
|---|---|---|---|---|---|---|---|
| Type of Agreement | SecuritiesLendingAgencyAgreement (SLAA) | ||||||
| Parties to Agreement | Various | ||||||
| Circumstances under which the agent lendercan exercise the authorisations in relation tothe securities | Agent Lender can only exercise authority, asagent, in relation to the lender’s securities asdefined and agreed in the Securities LendingAgencyAgreement. | ||||||
| Circumstances under which the agent lenderis subject to any restrictions in how it candeal with the securities | Lenders will define the restrictions and/orsecurities lending parameters in the SecuritiesLending Agency Agreement entered into with thelending agent. Such restrictions/parametersinclude specific designated accounts, lendablelimits, acceptable collateral and/or cashreinvestment guidelines. | ||||||
| Does the agent lender have the right to recallearly? | Agent Lenders have the right to early recall onbehalf of Lender’s instructions. However, theexpectation is the Lender and Borrower wouldhave mutually agreed no sales/recall of thesecurities during the duration of the loan term.Hence, borrowers are not obligated to return thesecurities earlyfortermedloans. | ||||||
| the ag | ent lender have the right to rec | all | expectathave mu | on s te endertually agreed no | and orrower wosales/recall of the | ||
| securitie | s during the dura | tion of the loan te | |||||
| Hence, b | orrowers are no | t obligated to retur | |||||
| securitie | s earlyforterme | loans. | |||||
| If yes | Authoris | d under the sta | dard Securities | ||||
| , detail | s | Lending | Agency Agreem | ent terms. | |||
| State | If reques | ted by the comp | any to whom the | tedsation | |||
| ment | prescribb ASIC | ed form must beCiti will iv | given, or if requesf th thri | ||||
| y ,agreeme | ge a cnt to the compan | py o e auoy or ASIC. |