Mitsubishi UFJ No Longer Karoon Energy Major Holder

Karoon Energy Ltd (AU:KAR) has released an update.

Mitsubishi UFJ Financial Group, Inc. has ceased to be a substantial holder in Karoon Energy Ltd, as detailed in a recent Form 605 filed under the Corporations Act 2001. The notice, dated 20 September 2024, outlines a series of transactions where an entity controlled by Morgan Stanley purchased various amounts of fully paid ordinary shares in Karoon Energy. These transactions have led to a change in the financial group’s relevant interests and voting securities in the company.

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