UBS boosts Lynas Rare Earths stake to over 6%

UBS Group AG and its related bodies corporate reported a change in their substantial holding in Lynas Rare Earths Limited (ASX:LYC) as of December 9, 2025. The group's voting power in the company increased from 5.26% to 6.28%. This change reflects an acquisition of an additional 10,317,117 ordinary shares, bringing their total held to 63,257,159 ordinary shares. The previous notice to the company was given on November 26, 2025.

The increase in voting power stems from various transactions, including both acquisitions and disposals of ordinary shares and options. These transactions involve multiple UBS entities, such as UBS AG London Branch, UBS Securities Australia Ltd, and UBS Switzerland AG, engaging in activities like securities lending agreements and prime brokerage agreements. The nature of these changes includes both direct ownership and relevant interests derived from contractual rights over voting securities.

Key movements include trades by UBS Securities Australia Ltd and UBS AG London Branch involving both the purchase and sale of ordinary shares. Additionally, multiple "Enter Into Derivative Contract" entries indicate the establishment of options positions by UBS Securities Australia Ltd, contributing to the overall change in relevant interest.