Mitsubishi UFJ Ends Substantial Holding in EML Payments

EML Payments Ltd. (AU:EML) has released an update.

Mitsubishi UFJ Financial Group, Inc. has ceased to be a substantial holder in EML Payments Limited, as detailed in a recent Form 605 filing. The form, dated August 13, 2024, outlines a series of transactions involving the purchase and sale of EML’s fully paid ordinary shares, controlled by an entity associated with Morgan Stanley. This marks a notable change in the company’s shareholding structure, potentially impacting EML Payments Ltd’s market dynamics.

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