{
  "schema_version": "1.0.0",
  "ticker": "LTR",
  "company_name": "Liontown Limited",
  "cutoff_date": "2026-10-31",
  "reviewed_at": "2026-11-06",
  "coverage_note": "The 20 ordinary-share registered accounts are from 31 July 2026. Substantial-holder groups use actual notice or director measurement dates and may overlap registered nominee accounts or one another.",
  "register": {
    "as_of_date": "2026-07-31",
    "issued_shares": 3179110946,
    "source_ids": [
      "annual-2026"
    ],
    "holders": [
      {
        "holder_id": "register-01",
        "name": "Citicorp Nominees Pty Limited",
        "classification": "nominee_custodian",
        "shares": 710073639,
        "percentage": 22.34,
        "percentage_basis": "issued_shares",
        "as_of_date": "2026-07-31",
        "investor_id": null,
        "identity_note": null,
        "source_ids": [
          "annual-2026"
        ],
        "notes": [
          "Registered account; nominee and custodian accounts do not identify beneficial owners."
        ]
      },
      {
        "holder_id": "register-02",
        "name": "HSBC Custody Nominees (Australia) Limited",
        "classification": "nominee_custodian",
        "shares": 527199028,
        "percentage": 16.58,
        "percentage_basis": "issued_shares",
        "as_of_date": "2026-07-31",
        "investor_id": null,
        "identity_note": null,
        "source_ids": [
          "annual-2026"
        ],
        "notes": [
          "Registered account; nominee and custodian accounts do not identify beneficial owners."
        ]
      },
      {
        "holder_id": "register-03",
        "name": "Mr Timothy Rupert Barr Goyder",
        "classification": "direct_holder",
        "shares": 333781367,
        "percentage": 10.5,
        "percentage_basis": "issued_shares",
        "as_of_date": "2026-07-31",
        "investor_id": null,
        "identity_note": null,
        "source_ids": [
          "annual-2026"
        ],
        "notes": [
          "Registered account, not a consolidated ownership group."
        ]
      },
      {
        "holder_id": "register-04",
        "name": "J P Morgan Nominees Australia Pty Limited",
        "classification": "nominee_custodian",
        "shares": 255373946,
        "percentage": 8.03,
        "percentage_basis": "issued_shares",
        "as_of_date": "2026-07-31",
        "investor_id": null,
        "identity_note": null,
        "source_ids": [
          "annual-2026"
        ],
        "notes": [
          "Registered account; nominee and custodian accounts do not identify beneficial owners."
        ]
      },
      {
        "holder_id": "register-05",
        "name": "BNP Paribas Nominees Pty Ltd <Clearstream>",
        "classification": "nominee_custodian",
        "shares": 96153464,
        "percentage": 3.02,
        "percentage_basis": "issued_shares",
        "as_of_date": "2026-07-31",
        "investor_id": null,
        "identity_note": null,
        "source_ids": [
          "annual-2026"
        ],
        "notes": [
          "Registered account; nominee and custodian accounts do not identify beneficial owners."
        ]
      },
      {
        "holder_id": "register-06",
        "name": "BNP Paribas Noms Pty Ltd",
        "classification": "nominee_custodian",
        "shares": 62720296,
        "percentage": 1.97,
        "percentage_basis": "issued_shares",
        "as_of_date": "2026-07-31",
        "investor_id": null,
        "identity_note": null,
        "source_ids": [
          "annual-2026"
        ],
        "notes": [
          "Registered account; nominee and custodian accounts do not identify beneficial owners."
        ]
      },
      {
        "holder_id": "register-07",
        "name": "HSBC Custody Nominees (Australia) Limited-Gsco Eca",
        "classification": "nominee_custodian",
        "shares": 50281245,
        "percentage": 1.58,
        "percentage_basis": "issued_shares",
        "as_of_date": "2026-07-31",
        "investor_id": null,
        "identity_note": null,
        "source_ids": [
          "annual-2026"
        ],
        "notes": [
          "Registered account; nominee and custodian accounts do not identify beneficial owners."
        ]
      },
      {
        "holder_id": "register-08",
        "name": "National Reconstruction Fund Corporation",
        "classification": "direct_holder",
        "shares": 27493151,
        "percentage": 0.86,
        "percentage_basis": "issued_shares",
        "as_of_date": "2026-07-31",
        "investor_id": null,
        "identity_note": null,
        "source_ids": [
          "annual-2026"
        ],
        "notes": [
          "Registered account, not a consolidated ownership group."
        ]
      },
      {
        "holder_id": "register-09",
        "name": "The Universal Zone Pty Ltd <Kluck Property Fund A/C>",
        "classification": "direct_holder",
        "shares": 26758489,
        "percentage": 0.84,
        "percentage_basis": "issued_shares",
        "as_of_date": "2026-07-31",
        "investor_id": null,
        "identity_note": null,
        "source_ids": [
          "annual-2026"
        ],
        "notes": [
          "Registered account, not a consolidated ownership group."
        ]
      },
      {
        "holder_id": "register-10",
        "name": "GKCF Super Pty Ltd <Graham K Drilling S/F A/C>",
        "classification": "direct_holder",
        "shares": 25000000,
        "percentage": 0.79,
        "percentage_basis": "issued_shares",
        "as_of_date": "2026-07-31",
        "investor_id": null,
        "identity_note": null,
        "source_ids": [
          "annual-2026"
        ],
        "notes": [
          "Registered account, not a consolidated ownership group."
        ]
      },
      {
        "holder_id": "register-11",
        "name": "Clement Pty Ltd <D&M Goyder Family S/Fund A/C>",
        "classification": "direct_holder",
        "shares": 24600000,
        "percentage": 0.77,
        "percentage_basis": "issued_shares",
        "as_of_date": "2026-07-31",
        "investor_id": null,
        "identity_note": null,
        "source_ids": [
          "annual-2026"
        ],
        "notes": [
          "Registered account, not a consolidated ownership group."
        ]
      },
      {
        "holder_id": "register-12",
        "name": "HSBC Custody Nominees (Australia) Limited <Nt-Comnwlth Super Corp A/C>",
        "classification": "nominee_custodian",
        "shares": 17806737,
        "percentage": 0.56,
        "percentage_basis": "issued_shares",
        "as_of_date": "2026-07-31",
        "investor_id": null,
        "identity_note": null,
        "source_ids": [
          "annual-2026"
        ],
        "notes": [
          "Registered account; nominee and custodian accounts do not identify beneficial owners."
        ]
      },
      {
        "holder_id": "register-13",
        "name": "BNP Paribas Nominees Pty Ltd <Agency Lending A/C>",
        "classification": "nominee_custodian",
        "shares": 15774135,
        "percentage": 0.5,
        "percentage_basis": "issued_shares",
        "as_of_date": "2026-07-31",
        "investor_id": null,
        "identity_note": null,
        "source_ids": [
          "annual-2026"
        ],
        "notes": [
          "Registered account; nominee and custodian accounts do not identify beneficial owners."
        ]
      },
      {
        "holder_id": "register-14",
        "name": "Mr Matthew James Maingay",
        "classification": "direct_holder",
        "shares": 15396791,
        "percentage": 0.48,
        "percentage_basis": "issued_shares",
        "as_of_date": "2026-07-31",
        "investor_id": null,
        "identity_note": null,
        "source_ids": [
          "annual-2026"
        ],
        "notes": [
          "Registered account, not a consolidated ownership group."
        ]
      },
      {
        "holder_id": "register-15",
        "name": "Anisimoff Super Fund Pty Limited <Anisimoff Super Fund A/C>",
        "classification": "direct_holder",
        "shares": 13843949,
        "percentage": 0.44,
        "percentage_basis": "issued_shares",
        "as_of_date": "2026-07-31",
        "investor_id": null,
        "identity_note": null,
        "source_ids": [
          "annual-2026"
        ],
        "notes": [
          "Registered account, not a consolidated ownership group."
        ]
      },
      {
        "holder_id": "register-16",
        "name": "BNP Paribas Nominees Pty Ltd <Ib Au Noms Retailclient>",
        "classification": "nominee_custodian",
        "shares": 12240136,
        "percentage": 0.39,
        "percentage_basis": "issued_shares",
        "as_of_date": "2026-07-31",
        "investor_id": null,
        "identity_note": null,
        "source_ids": [
          "annual-2026"
        ],
        "notes": [
          "Registered account; nominee and custodian accounts do not identify beneficial owners."
        ]
      },
      {
        "holder_id": "register-17",
        "name": "BNP Paribas Nominees Pty Ltd <Agency Lending Collateral>",
        "classification": "nominee_custodian",
        "shares": 10045500,
        "percentage": 0.32,
        "percentage_basis": "issued_shares",
        "as_of_date": "2026-07-31",
        "investor_id": null,
        "identity_note": null,
        "source_ids": [
          "annual-2026"
        ],
        "notes": [
          "Registered account; nominee and custodian accounts do not identify beneficial owners."
        ]
      },
      {
        "holder_id": "register-18",
        "name": "Kenma Investment Advisors Pty Limited <Kenma Super Fund A/C>",
        "classification": "direct_holder",
        "shares": 9436096,
        "percentage": 0.3,
        "percentage_basis": "issued_shares",
        "as_of_date": "2026-07-31",
        "investor_id": null,
        "identity_note": null,
        "source_ids": [
          "annual-2026"
        ],
        "notes": [
          "Registered account, not a consolidated ownership group."
        ]
      },
      {
        "holder_id": "register-19",
        "name": "Double Eagle Pty Ltd",
        "classification": "direct_holder",
        "shares": 9287887,
        "percentage": 0.29,
        "percentage_basis": "issued_shares",
        "as_of_date": "2026-07-31",
        "investor_id": null,
        "identity_note": null,
        "source_ids": [
          "annual-2026"
        ],
        "notes": [
          "Registered account, not a consolidated ownership group."
        ]
      },
      {
        "holder_id": "register-20",
        "name": "Gremlyn Pty Ltd <Gianel Family A/C>",
        "classification": "direct_holder",
        "shares": 8000000,
        "percentage": 0.25,
        "percentage_basis": "issued_shares",
        "as_of_date": "2026-07-31",
        "investor_id": null,
        "identity_note": null,
        "source_ids": [
          "annual-2026"
        ],
        "notes": [
          "Registered account, not a consolidated ownership group."
        ]
      }
    ]
  },
  "substantial_holders": [
    {
      "holder_id": "hancock-rinehart",
      "name": "Georgina Hope Rinehart and Hancock Prospecting group",
      "classification": "reporting_group",
      "shares": 478601639,
      "percentage": 15.05,
      "percentage_basis": "voting_power",
      "as_of_date": "2026-02-04",
      "investor_id": "gina-rinehart",
      "identity_note": "The holder’s Form 604 explicitly identifies Rinehart and Hancock Prospecting group; the existing Gina Rinehart registry entry records Hancock.",
      "source_ids": [
        "hancock-20260205",
        "annual-2026"
      ],
      "notes": [
        "The disclosed percentage is as of 4 February 2026, not a current percentage. The 2026 annual report repeats the share count as a lodged substantial-holder notice.",
        "The same group interest is not additive to nominees or other Rinehart-related persons."
      ]
    },
    {
      "holder_id": "tim-goyder",
      "name": "Timothy R B Goyder and related interests",
      "classification": "reporting_group",
      "shares": 334781367,
      "percentage": 10.49,
      "percentage_basis": "issued_shares",
      "as_of_date": "2026-09-03",
      "investor_id": null,
      "identity_note": null,
      "source_ids": [
        "goyder-20260904",
        "goyder-20260205"
      ],
      "notes": [
        "The 4 September Appendix 3Y lists direct and indirect ordinary share holdings after a 3 September purchase; the displayed total sums the five stated accounts.",
        "The 4 February Form 604 reported 333,781,367 and 10.50% before the later director notice.",
        "Percentage calculated by the reviewer, not disclosed: 334,781,367 shares / 3,191,135,900 ordinary shares on issue at 2026-09-02 (Appendix 2A) = 10.49% of issued shares."
      ],
      "percentage_calculation": {
        "issued_shares": 3191135900,
        "as_of_date": "2026-09-02",
        "source_ids": [
          "shares-on-issue-2026-09-02"
        ]
      }
    },
    {
      "holder_id": "state-street",
      "name": "State Street Corporation and subsidiaries",
      "classification": "reporting_group",
      "shares": 232224834,
      "percentage": 7.28,
      "percentage_basis": "voting_power",
      "as_of_date": "2026-10-22",
      "investor_id": null,
      "identity_note": null,
      "source_ids": [
        "state-20261026"
      ],
      "notes": [
        "The Form 604 includes investment-management, lending and collateral relevant interests; the group can overlap custodians and other investors."
      ]
    },
    {
      "holder_id": "jpmorgan",
      "name": "JPMorgan Chase & Co. and affiliates",
      "classification": "reporting_group",
      "shares": 161584519,
      "percentage": 5.06,
      "percentage_basis": "voting_power",
      "as_of_date": "2026-10-23",
      "investor_id": null,
      "identity_note": null,
      "source_ids": [
        "jpm-20261028"
      ],
      "notes": [
        "The 28 October Form 603 postdates and supersedes the 21 October cessation event. It includes lending, custody and managed interests; it must not be added to JPMorgan nominee accounts."
      ]
    },
    {
      "holder_id": "van-eck",
      "name": "Van Eck Associates Corporation and associates",
      "classification": "reporting_group",
      "shares": 165659300,
      "percentage": 5.19,
      "percentage_basis": "voting_power",
      "as_of_date": "2026-09-18",
      "investor_id": null,
      "identity_note": null,
      "source_ids": [
        "vaneck-20260922"
      ],
      "notes": [
        "The image-only Form 603 was rendered and visually inspected; it states the investment manager has voting or disposal power for these common shares.",
        "This group can overlap custodial and nominee accounts and other relevant-interest groups."
      ]
    }
  ],
  "sources": [
    {
      "source_id": "annual-2026",
      "title": "FY26 Annual Report",
      "publisher": "Liontown Limited via ASX",
      "url": "https://asx.api.markitdigital.com/asx-research/1.0/file/2924-03128728-6A1341145",
      "publication_date": "2026-08-31",
      "accessed_date": "2026-10-31",
      "locator": "downloads/LTR/2026/2026-08-31_Annual Report to shareholders_2f4cd6dbe3abef1d.pdf, PDF page 110, printed pages 216–217",
      "detail": "Dated register and annual-report list of prior substantial notices."
    },
    {
      "source_id": "hancock-20260205",
      "title": "Notice of change of interests of substantial holder — Hancock and Rinehart",
      "publisher": "Hancock Prospecting group via ASX",
      "url": "https://asx.api.markitdigital.com/asx-research/1.0/file/2924-03053564-6A1310794",
      "publication_date": "2026-02-05",
      "accessed_date": "2026-10-31",
      "locator": "downloads/LTR/2026/2026-02-05_Change in substantial holding_97a3e6279161fb89.pdf, Form 604 page 1; image text cross-checked in AFR reproduction",
      "detail": "478,601,639 relevant shares and 15.05% voting power on 4 February 2026."
    },
    {
      "source_id": "goyder-20260904",
      "title": "Appendix 3Y — Timothy Goyder",
      "publisher": "Liontown Limited via ASX",
      "url": "https://asx.api.markitdigital.com/asx-research/1.0/file/2924-03131945-6A1342262",
      "publication_date": "2026-09-04",
      "accessed_date": "2026-10-31",
      "locator": "downloads/LTR/2026/2026-09-04_Appendix 3Y - Tim Goyder_05b04bfc531e5b53.pdf, PDF pages 1–2",
      "detail": "Director’s direct and indirect ordinary shares after the 3 September 2026 purchase."
    },
    {
      "source_id": "goyder-20260205",
      "title": "Form 604 — Timothy Goyder",
      "publisher": "Timothy Goyder via ASX",
      "url": "https://asx.api.markitdigital.com/asx-research/1.0/file/2924-03053432-6A1310744",
      "publication_date": "2026-02-05",
      "accessed_date": "2026-10-31",
      "locator": "downloads/LTR/2026/2026-02-05_Change in substantial holding - T Goyder_7a872a2b6b2383d1.pdf, PDF page 1",
      "detail": "Prior 333,781,367 shares and 10.50% voting power on 4 February 2026."
    },
    {
      "source_id": "state-20261026",
      "title": "Form 604 — State Street Corporation and subsidiaries",
      "publisher": "State Street Corporation via ASX",
      "url": "https://asx.api.markitdigital.com/asx-research/1.0/file/2924-03153266-6A1351440",
      "publication_date": "2026-10-26",
      "accessed_date": "2026-10-31",
      "locator": "downloads/LTR/2026/2026-10-26_Change in substantial holding_dfdc5aa79364c5a5.pdf, PDF page 1",
      "detail": "Reports 232,224,834 votes and 7.28% at 22 October 2026."
    },
    {
      "source_id": "jpm-20261028",
      "title": "Form 603 — JPMorgan Chase & Co. and affiliates",
      "publisher": "JPMorgan Chase & Co. via ASX",
      "url": "https://asx.api.markitdigital.com/asx-research/1.0/file/2924-03154024-6A1351807",
      "publication_date": "2026-10-28",
      "accessed_date": "2026-10-31",
      "locator": "downloads/LTR/2026/2026-10-28_Becoming a substantial holder_a0ee724476e5076c.pdf, PDF page 1",
      "detail": "Relevant interest of 161,584,519 shares and 5.06% measured 23 October 2026."
    },
    {
      "source_id": "vaneck-20260922",
      "title": "Form 603 — Van Eck Associates Corporation and associates",
      "publisher": "Van Eck Associates Corporation via ASX",
      "url": "https://asx.api.markitdigital.com/asx-research/1.0/file/2924-03138169-6A1344942",
      "publication_date": "2026-09-22",
      "accessed_date": "2026-10-31",
      "locator": "downloads/LTR/2026/2026-09-22_Becoming a substantial holder_b05ce411e8445051.pdf, PDF page 1",
      "detail": "Image-only Form 603 visually inspected, reporting 165,659,300 shares and 5.19% voting power at 18 September 2026."
    },
    {
      "source_id": "shares-on-issue-2026-09-02",
      "title": "Application for quotation of securities - LTR",
      "publisher": "Liontown Limited / ASX",
      "url": "https://asx.api.markitdigital.com/asx-research/1.0/file/2924-03130818-6A1341877",
      "publication_date": "2026-09-02",
      "accessed_date": "2026-11-06",
      "locator": "downloads/LTR/2026/2026-09-02_Application for quotation of securities - LTR_8c18f0431aaa59bc.pdf; Appendix 2A, total ordinary shares on issue; next quotation was 7 September 2026",
      "detail": "Ordinary shares on issue: 3,191,135,900 at 2026-09-02; used as the denominator for calculated substantial-holder percentages."
    }
  ],
  "limitations": [
    "The top-20 register is dated 31 July 2026; subsequent trades or capital changes are not represented.",
    "Nominee accounts do not identify ultimate beneficial owners and can overlap reporting groups.",
    "LG Energy Solution’s February 2026 7.53% initial notice was followed by a sale and cessation notice; its historical position is not presented as current.",
    "The reported JPMorgan group includes securities lending and related interests, and its new 23 October initial notice supersedes the preceding 21 October cessation."
  ]
}