ASX:PLS News 16 January 2026 - 7 February 2026

PLS Group shares closed at A$4.12 Friday, down 1.2% after a 3.7% drop Thursday. Morgan Stanley and Mitsubishi UFJ Financial Group disclosed increased voting power in the lithium miner, both citing changes dated Feb. 2. The moves came as lithium prices fell and Australian equities posted their sharpest drop in months. PLS reports interim results Feb. 19.

PLS Group Ltd shares dropped 3.7% to A$4.17, extending losses for a second session after new substantial holder notices showed First Sentier Investors RQI’s voting power at 7.87%. The company also issued over 1 million restricted, unquoted shares under an employee incentive scheme, including allocations to top executives.

Shares of PLS Group (PLS.AX) closed down 1.81% at A$4.33 after volatile trading and 23.4 million shares changing hands. First Sentier Investors disclosed a 7.87% stake, linked to Mitsubishi UFJ. Interim results are due Feb. 19, with a webcast scheduled. The company issued 281,205 new performance rights and confirmed 24,105 rights lapsed after conditions were unmet.

PLS Group Limited shares closed Friday at A$5.08, up 0.8%, near a 52-week high after a strong January rally. The company will release its December quarterly activities report on Jan. 30, with traders watching for updates on production, prices, and costs. Nearly 39 million shares traded Friday. The ASX will be closed Monday for the Australia Day holiday, delaying the market’s response to new information until Tuesday.