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Lindian Resources Limited ( (AU:LIN) ) has issued an update.
UBS Group AG and its related bodies corporate have notified Lindian Resources Limited that they have ceased to be a substantial shareholder in the company as of 11 May 2026. The change, lodged via a statutory Form 605 notice under Australian corporations law, signals that UBS has reduced its holding below the substantial shareholder threshold, potentially altering the listed miner’s share register dynamics and the influence of major institutional investors on its corporate decisions.
The notice follows an earlier substantial holding notification lodged in early May, indicating that UBS has moved relatively quickly to exit or scale back its position. While specific transaction details are contained in an appendix not reproduced here, the formal cessation of substantial holder status may be closely watched by other shareholders and market participants as an indicator of shifting institutional sentiment toward Lindian Resources.
The most recent analyst rating on (AU:LIN) stock is a Buy with a A$0.91 price target. To see the full list of analyst forecasts on Lindian Resources Limited stock, see the AU:LIN Stock Forecast page.
More about Lindian Resources Limited
Average Trading Volume: 10,531,916
Technical Sentiment Signal: Buy
Current Market Cap: A$1.34B
For an in-depth examination of LIN stock, go to TipRanks’ Overview page.