Citigroup Exits Substantial Holding in Liontown After Major Share Sale

Liontown Resources Limited ( (AU:LTR) ) has shared an announcement.

Citigroup Global Markets Australia Pty Limited and its related Citi group entities have notified Liontown Ltd that they have ceased to be a substantial holder in the company as of 2 March 2026, in relation to its ordinary fully paid shares. The change follows a previously disclosed position on 27 February 2026 and reflects adjustments in their relevant interests under Australian substantial holding rules.

Citigroup’s substantial holding status ended after a sale agreement entered on 25 February 2026 with LG Energy Solution Ltd resulted in the settlement of 239,460,858 Liontown shares on 2 March 2026, extinguishing a technical relevant interest that had arisen on signing. The exit of a major institutional holder could alter Liontown’s shareholder base composition and potentially influence market perceptions of liquidity and ownership concentration in the stock, although no new substantial holder is disclosed in this notice.

The most recent analyst rating on (AU:LTR) stock is a Hold with a A$1.50 price target. To see the full list of analyst forecasts on Liontown Resources Limited stock, see the AU:LTR Stock Forecast page.

More about Liontown Resources Limited

Liontown Ltd is an Australian-listed company referred to in this notice in relation to its ordinary fully paid shares, indicating it operates in the listed equities market and is subject to Australian corporate disclosure rules. While the release does not specify its sector or products, Liontown is treated as a public company whose share register and substantial holders are closely monitored under the Corporations Act.

YTD Price Performance: 8.25%

Average Trading Volume: 26,402,709

Technical Sentiment Signal: Strong Buy

Current Market Cap: A$5.42B

For detailed information about LTR stock, go to TipRanks’ Stock Analysis page.