Genesis Minerals Receives Substantial Holder Notice from First Sentier Group as Voting Power Rises to 6.10%

Shwetambri Chauhan

12 November 2026 05:31 PM AEDT

Genesis Minerals Receives Substantial Holder Notice from First Sentier Group as Voting Power Rises to 6.10%

Image Source: Krish Capital Pty Ltd

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Genesis Minerals Limited (ASX:GMD) has received a notice of change of interests of a substantial holder from First Sentier Group Limited and its related bodies corporate, disclosing that their voting power in the company increased from 5.08% to 6.10%, with the change in interests occurring on 10 November 2026.

Key Points

First Sentier Group Limited and its related bodies corporate disclosed a change in relevant interests in Genesis Minerals on 10 November 2026.
Voting power in Genesis Minerals increased from 5.08% to 6.10% between the previous and present notices.
The previous substantial holding notice was given to the company on 14 October 2026 and was dated 8 October 2026.
The present notice discloses a total of 124,772,041 votes, compared with 71,630,735 votes recorded in the previous notice.
The relevant interest arises under paragraphs 608(1)(b) and/or 608(1)(c) of the Corporations Act 2001 (Cth) in the capacity of investment manager under investment mandates.

Change in Substantial Holding as at 10 November 2026

According to the filing, First Sentier Group Limited (ACN 630 725 558) and its related bodies corporate or associates lodged a Form 604 notice under Section 671B of the Corporations Act 2001. The filing states that the change in interests occurred on 10 November 2026. The present notice records total votes of 124,772,041 in Genesis Minerals Limited, up from 71,630,735 votes disclosed in the previous notice. The filing notes that these securities comprise 30,417,722 shares in which First Sentier Group Limited and its subsidiaries have voting power, and 41,213,013 securities in which Mitsubishi UFJ Financial Group, Inc. has informed First Sentier that it holds voting power on and from 10 November 2026.

Nature of Relevant Interest Held by First Sentier Entities

The filing discloses that the relevant interest arises under paragraphs 608(1)(b) and/or 608(1)(c) of the Corporations Act 2001 (Cth), being a relevant interest arising from having the power to control the exercise of the right to vote attached to securities and/or to control the exercise of the power to dispose of securities in the capacity of investment manager, as provided for under investment mandates. The filing further states that where OTC derivatives, warrants or other securities are referred to, the relevant interest in respect of those securities arises under subsection 608(8) as an accelerated relevant interest held in the same capacity.

Securities Held Across First Sentier Entities

The filing identifies multiple entities within the First Sentier group as holders of relevant interests in Genesis Minerals fully paid ordinary shares. These include First Sentier Investors RQI Pty Ltd (ACN 133 312 017) and First Sentier Investors (Australia) IM Ltd (ACN 114 194 311), with individual holdings disclosed across multiple line items in the notice. Registered holders of the underlying securities include Citibank N.A. Hong Kong, BNP Paribas Securities, CITIGROUP GLOBAL MARKETS INC, and State Street Global Services, according to the filing.

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