Centaurus Metals Limited (ASX:CTM) has received a notice of initial substantial holding from Glencore Australia Holdings Pty Limited, which acquired 41,903,070 fully paid ordinary shares on 30 October 2026, representing a voting power of 6.799%, according to a filing lodged with the company.

Key Points

  • Glencore Australia Holdings Pty Limited became a substantial holder in Centaurus Metals on 30 October 2026
  • The acquisition involved 41,903,070 fully paid ordinary shares at a cash consideration of $17,808,804.67
  • The shares represent a voting power of 6.799% in Centaurus Metals
  • Glencore Holdings Pty Limited and Glencore plc hold deemed relevant interests in the same shares as associates of the substantial holder

Initial Substantial Holding by Glencore Australia Holdings

According to the filing, Glencore Australia Holdings Pty Limited (ACN 160 626 102) became a substantial holder in Centaurus Metals Limited on 30 October 2026. The company holds a direct relevant interest under section 608(1)(a) of the Corporations Act in 41,903,070 fully paid ordinary shares. The shares are registered in the name of Glencore Australia Holdings Pty Limited, which is also listed as the person entitled to be registered as holder. The consideration paid was $17,808,804.67 in cash, with no non-cash consideration disclosed.

Associate Structure and Deemed Relevant Interests

The filing discloses that two associates of Glencore Australia Holdings Pty Limited also hold deemed relevant interests in the same 41,903,070 ordinary shares. Glencore Holdings Pty Limited holds a deemed relevant interest pursuant to sections 608(3)(a) and (b) of the Corporations Act as the Australian holding company of the securities holder. Glencore plc, identified as the ultimate holding company of the securities holder, also holds a deemed relevant interest under the same provisions. All three entities' interests relate to the same parcel of shares registered to Glencore Australia Holdings Pty Limited.

Share Subscription Agreement Between Centaurus Metals and Glencore

The filing includes a Share Subscription Agreement dated 27 October 2026 between Centaurus Metals Limited (ACN 009 468 099) and Glencore Australia Holdings Pty Limited. Under the agreement, the subscriber agreed to subscribe for the subscription shares, and the company agreed to issue those shares to the subscriber. The agreement sets out the basis on which the subscription shares are to be subscribed for, allotted, and issued. The filing was signed by Jay Jools in the capacity of Director, with the signature dated 3 November 2026.