Highlights

  • Schroder Investment Management Australia and related entities increased their voting power in IGO to 6.77%.
  • The previous notice showed voting power of 5.08%.
  • The group acquired 12,735,815 IGO shares across three trading days in October 2026.
  • The relevant interest now covers 51,156,365 ordinary shares.

IGO Limited (ASX:IGO) has lodged a Form 604 notice of change of interests of substantial holder. The notice shows that Schroder Investment Management Australia Limited, together with Teachers Insurance and Annuity Association of America, TIAA-CREF Investment Management and related bodies corporate, has increased its voting power in the company.

Change in Voting Power

According to the notice, the group's voting power increased from 5.08% to 6.77%. Its relevant interest rose from 38,420,550 votes in the previous notice to 51,156,365 votes in the present notice.

The change in interests occurred on 26 October 2026. The previous notice had been given on 26 October 2026 and was dated 21 October 2026.

Details of Share Purchases

All of the changes were purchases by Schroder Investment Management Australia Limited. The group acquired 2,600,000 shares on 22 October 2026 for about $13.56 million, 1,500,000 shares on 23 October 2026 for about $7.39 million, and 8,635,815 shares on 26 October 2026 for about $42.0 million.

In total, 12,735,815 shares were acquired, which accounts for the increase in the group's relevant interest between the two notices.

Breakdown of Current Holdings

The shares are held through several registered holders acting as custodians. Schroder Investment Management Australia's interests are held through BNP Paribas, Citibank, JPMorgan Chase Bank and State Street Bank and Trust, which together account for most of the holding.

Smaller interests are held by Schroder Investment Management Limited and TIAA-CREF Investment Management. The notice did not report any changes in association, and it does not set out any future actions.

Key Takeaways

  • Schroders and related entities increased their voting power in IGO from 5.08% to 6.77%.
  • The increase came from purchases of 12,735,815 shares over three days.
  • The total relevant interest now stands at 51,156,365 ordinary shares.
  • The notice is a disclosure of shareholding changes and sets out no further actions.