Elevra Lithium Director Lucas Dow Acquires 26,525 Shares for A$100,000

Aditi Sarkar

12 November 2026 11:32 AM AEDT

Elevra Lithium Director Lucas Dow Acquires 26,525 Shares for A$100,000

Image Source: Krish Capital Pty Ltd

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Elevra Lithium Limited (ASX:ELV) has disclosed that director Lucas Dow acquired 26,525 fully paid ordinary shares on 11 November 2026, at an average price of A$3.77 per share, for total consideration of A$100,000, via an on-market purchase through an indirect interest held by Dow Group Investments Trust.

Key Points

Director Lucas Dow acquired 26,525 fully paid ordinary shares on 11 November 2026 at an average of A$3.77 per share
Total consideration for the on-market purchase was A$100,000
The shares are held indirectly through Dow Group Investments Trust, of which Dow is both a director of the trustee company and primary beneficiary
Following the transaction, Dow holds 105,236 shares and 539,892 unlisted performance rights via the indirect interest

Transaction Details and Consideration

According to the filing, the on-market purchase of 26,525 fully paid ordinary shares was completed on 11 November 2026 at an average price of A$3.77 per share, for a total consideration of A$100,000. The transaction involved no disposal of securities. The director's holding of 539,892 unlisted performance rights remained unchanged as a result of the transaction. No securities were acquired or disposed of under the contract interests section of the notice, with all contract-related fields recorded as not applicable.

Nature of Director's Indirect Interest

The filing states that the interests are held indirectly through Dow Group Investments Trust. Lucas Dow holds this indirect interest in two capacities: as a director of Dow Group Investments Pty Ltd, which serves as the trustee company for Dow Group Investments Trust, and as the primary beneficiary of that trust. The filing identifies both the share holding and the performance rights holding as indirect interests under this structure. The date of the previous director's interest notice for Lucas Dow was recorded as 4 November 2026.

Securities Held Before and After the Change

Prior to the transaction, Lucas Dow's indirect interest comprised 78,711 fully paid ordinary shares and 539,892 unlisted performance rights. Following the on-market acquisition of 26,525 shares, the total indirect holding in fully paid ordinary shares increased to 105,236. The number of performance rights held after the change remained at 539,892. The filing confirms the interests were not traded during a closed period requiring prior written clearance, with that field recorded as no.

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