State Street Group Ceases to Be Substantial Holder in Lotus Resources

Lotus Resources Limited ( (AU:LOT) ) has issued an announcement.

State Street Corporation and key subsidiaries, including State Street Bank and Trust Company and SSGA Funds Management, have lodged a notice that they have ceased to be substantial shareholders in Lotus Resources Limited. The change follows a series of equity movements involving securities lending, stock borrowing and collateral transfers between 23 February and 2 March 2026, which collectively reduced their voting power below the substantial holding threshold.

These transactions, largely recorded as collateral received, stock lends and borrows, indicate an adjustment of institutional positions rather than a straightforward sale on market. For Lotus, the exit of a major global custodian and asset manager from the substantial holder register may alter the composition of its institutional investor base and could affect liquidity and governance dynamics, even though operational details of the company remain undisclosed in this notice.

The most recent analyst rating on (AU:LOT) stock is a Buy with a A$3.90 price target. To see the full list of analyst forecasts on Lotus Resources Limited stock, see the AU:LOT Stock Forecast page.

More about Lotus Resources Limited

Lotus Resources Limited is an Australian-listed company, but this filing provides no specific description of its industry, assets or operating focus. The document instead centres on changes to its share register rather than detailing Lotus’s primary business activities or markets.

Average Trading Volume: 1,977,868

Technical Sentiment Signal: Sell

Current Market Cap: A$608.9M

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