JPMorgan Chase Boosts Stake in Lotus Resources to 7.50% Voting Power
JPMorgan Chase & Co., a prominent financial institution, has boosted its stake in Lotus Resources Ltd (ASX:LOT) to 7.50%. This increase in voting power was reported through a notice of change of interests of substantial holder filed on September 16, 2026.
The updated holding shows that JPMorgan Chase & Co. and its affiliates now hold 41,028,422 ordinary shares, representing a significant rise from the previous 35,421,509 shares held as of September 4, 2026.
The filing reveals that the increase in voting power was achieved through various means, including securities lending agreements and rehypothecation under prime brokerage agreements. The updated holdings across JPMorgan affiliates are detailed in the notice, showing that each entity has adjusted its shareholding accordingly.