Vault Minerals (ASX:VAU) has received a notice of initial substantial holding from Millennium Partners, L.P., Millennium International Management LP and each of their respective controlled entities, disclosing a combined relevant interest of 51,855,012 ordinary shares, representing 5.01% voting power, with the substantial holder threshold crossed on 11 November 2026.

Key Points

  • Millennium Partners, L.P. and Millennium International Management LP became substantial holders in Vault Minerals on 11 November 2026.
  • The combined relevant interest amounts to 51,855,012 fully paid ordinary shares, equating to 5.01% voting power.
  • The beneficial holder of the shares is Integrated Core Strategies (Asia) Pte. Ltd. (ICSA), based in Singapore.
  • Securities are registered across two custodians: 28,109,452 shares held by Citicorp Nominees Pty Limited and 23,745,560 shares held by HSBC Custody Nominees (Australia) Limited, both on behalf of ICSA.

Structure of Relevant Interests Disclosed

According to the filing, Integrated Core Strategies (Asia) Pte. Ltd. (ICSA) is the beneficial holder of all 51,855,012 fully paid ordinary shares. Millennium Partners, L.P. (MP) holds a relevant interest in those shares as the parent entity of ICSA, by virtue of section 608(3) of the Corporations Act 2001. Millennium International Management LP (MIM) holds its relevant interest because certain of its subsidiaries act as investment manager for ICSA, giving MIM a relevant interest under section 608(1) and section 608(3) of the Act. Each controlled entity of both MP and MIM is also identified as holding the same relevant interest through associate provisions under section 610 of the Act.

Acquisition Transactions on 11 November 2026

The filing's Annexure A details a series of acquisitions by ICSA on 11 November 2026. Disclosed transactions on that date include purchases at consideration prices ranging from approximately 6.199597293 to 6.435 per share, covering individual parcels such as 33,830 shares for a consideration of 216,614, 76,883 shares for 493,211, 125,658 shares for 780,444, and 21,281 shares for 131,934, among other parcels. The annexure states that selling transactions during the relevant four-month period are not included in the disclosed consideration table.

Registered Holders and Entity Addresses

The filing states that the shares are registered in the names of two custodians. Citicorp Nominees Pty Limited holds 28,109,452 shares with ICSA as the person entitled to be registered, while HSBC Custody Nominees (Australia) Limited holds 23,745,560 shares on the same basis. ICSA is located at 88 Market Street, #37-01, Singapore 048948. Millennium Partners, L.P. and Millennium International Management LP are both addressed at 399 Park Avenue, New York, NY 10022, USA. The form was signed by Woon Sing Ong in the capacity of Director of ICSA, dated 11 November 2026.