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DEVELOP GLOBAL LIMITED Major Shareholding Notification 2024

Apr 11, 2024

64801_rns_2024-04-11_f4943ff7-ae40-4101-9f67-61e717c2d07a.pdf

Major Shareholding Notification

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Form 605

Corporations Act 2001

Section 671B

Notice of ceasing to be a substantial holder

To Company Name/Scheme Develop Global Limited (DVP) ACN/ARSN 122 180 205

1. Details of substantial holder (1)

Mineral Resources Limited (MinRes) and its related bodies corporate Name as set out in Annexure A (MinRes Group). ACN/ARSN (if applicable) 118 549 910

The holder ceased to be a substantial holder on 10/04/2024 The previous notice was given to the company on 23/11/2023 The previous notice was dated 23/11/2023

2. Changes in relevant interests

Particulars of each change in, or change in the nature of, a relevant interest (2) of the substantial holder or an associate (3) in voting securities of the company or scheme, since the substantial holder was last required to give a substantial holding notice to the company or scheme are as follows:

Date of change Person whose
relevant
interest
changed		 Nature of change (4) Consideration
given in relation
to change (5)		 Class (6) and number
of securities affected		 Person's votes
affected
06/11/2023 MinRes
Group		 Decrease in relevant
interest in DVP
shares under section
608(3) of the
Corporations Act due
to issue of 369,791
additional fully paid
ordinary shares by
DVP.		 Nil 33,736,302 ORD 33,736,302
10/11/2023 MinRes
Group		 Decrease in relevant
interest in DVP
shares under section
608(3) of the
Corporations Act due
to issue of 294,253
additional fully paid
ordinary shares by
DVP.		 Nil 33,736,302 ORD 33,736,302
14/11/2023 MinRes
Group		 Decrease in relevant
interest in DVP
shares under section
608(3) of the
Corporations Act due
to issue of 313,244
additional fully paid
ordinary shares by
DVP.		 Nil 33,736,302 ORD 33,736,302
11/12/2023 MinRes
Group		 Decrease in relevant
interest in DVP
shares under section
608(3) of the
Corporations Act due
to issue of 40,580
additional fully paid
ordinary shares by
DVP.		 Nil 33,736,302 ORD 33,736,302
15/12/2023 MinRes
Group		 Decrease in relevant
interest in DVP
shares under section
608(3) of the
Corporations Act due
to issue of 36,461
additional fully paid
ordinary shares by
DVP.		 Nil 33,736,302 ORD 33,736,302
Date of change Person whose
relevant
interest
changed		 Nature of change (4) Consideration
given in relation
to change (5)		 Class (6) and number
of securities affected		 Person's votes
affected
22/12/2023 Wodgina
Lithium Pty
Ltd(WLPL)		 On-market sale of
shares.		 $582,080
(being $2.91
per share)		 200,000 ORD 200,000
27/12/2023 WLPL On-market sale of
shares.		 $44,216
(being $2.90
per share)		 15,247 ORD 15,247
28/12/2023 WLPL On-market sale of
shares.		 $615,528
(being $2.90
per share)		 212,251 ORD 212,251
29/12/2023 WLPL On-market sale of
shares.		 $23,478
(being $2.90
per share)		 8,096 ORD 8,096
2/01/2024 WLPL On-market sale of
shares.		 $137,071
(being $2.90
per share)		 47,266 ORD 47,266
12/01/2024 MinRes
Group		 Decrease in relevant
interest in DVP
shares under section
608(3) of the
Corporations Act due
to issue of 38,551
additional fully paid
ordinary shares by
DVP.		 Nil 33,253,442 33,253,442
06/03/2024 WLPL On-market sale of
shares.		 $248,904
(being $2.51
per share)		 99,015 ORD 99,015
07/03/2024 WLPL On-market sale of
shares.		 $72,641
(being $2.50
per share)		 29,046 ORD 29,046
08/03/2024 WLPL On-market sale of
shares.		 $3,758
(being $2.50
per share)		 1,503 ORD 1,503
11/03/2024 WLPL On-market sale of
shares.		 $714,666
(being $2.51
per share)		 285,125 ORD 285,125
12/03/2024 WLPL On-market sale of
shares.		 $218,987
(being $2.51
per share)		 87,291 ORD 87,291
18/03/2024 WLPL On-market sale of
shares.		 $134,338
(being $2.47
per share)		 54,465 ORD 54,465
19/03/2024 WLPL On-market sale of
shares.		 $1,722,511
(being $2.49
per share)		 691,244 ORD 691,244
20/03/2024 WLPL On-market sale of
shares.		 $386,459
(being $2.44
per share)		 158,171 ORD 158,171
21/03/2024 WLPL On-market sale of
shares.		 $225,497
(being $2.42
per share)		 93,192 ORD 93,192
22/03/2024 WLPL On-market sale of
shares.		 $187,159
(being $2.40
per share)		 77,983 ORD 77,983
25/03/2024 WLPL On-market sale of
shares.		 $429,342
(being $2.40
per share)		 178,803 ORD 178,803
26/03/2024 WLPL On-market sale of
shares.		 $58,220
(being $2.40
per share)		 24,216 ORD 24,216
27/03/2024 WLPL On-market sale of
shares.		 $79,834
(being $2.40
per share)		 33,264 ORD 33,264
28/03/2024 WLPL On-market purchase of
shares.		 $111,760
(being $2.42
per share)		 46,178 ORD 46,178
10/04/2024 WLPL On-market sale of
shares.		 $12,425,566
(being $2.00
per share)		 6,212,783 ORD 6,212,783
10/04/2024 MinRes On-market sale of
shares.		 $1,627,120
(being $2.00
per share)		 813,560 ORD 813,560
10/04/2024 Lithium
Resources
Operations
Pty Ltd		 On-market sale of
shares.		 $48,919,920
(being $2.00
per share)		 24,459,960 ORD 24,459,960

3. Changes in association

The persons who have become associates (3) of, ceased to be associates of, or have changed the nature of their association (7) with, the substantial holder in relation to voting interests in the company or scheme are as follows:

Name and ACN/ARSN (if applicable) Nature of association
See Annexure A

4. Addresses

The addresses of persons named in this form are as follows:

of persons named in this form are as follows:
Name Address
See Annexure A

Signature

re
print name
sign here		 Jenna Mazza
capacity
Company Secretary
date
12/04/2024

DIRECTIONS

  • (1) If there are a number of substantial holders with similar or related relevant interests (eg. a corporation and its related corporations, or the manager and trustee of an equity trust), the names could be included in an annexure to the form. If the relevant interests of a group of persons are essentially similar, they may be referred to throughout the form as a specifically named group if the membership of each group, with the names and addresses of members is clearly set out in paragraph 4 of the form.

  • (2) See the definition of "relevant interest" in sections 608 and 671B(7) of the Corporations Act 2001.

  • (3) See the definition of "associate" in section 9 of the Corporations Act 2001.

  • (4) Include details of:

  • (a) any relevant agreement or other circumstances because of which the change in relevant interest occurred. If subsection 671B(4) applies, a copy of any document setting out the terms of any relevant agreement, and a statement by the person giving full and accurate details of any contract, scheme or arrangement, must accompany this form, together with a written statement certifying this contract, scheme or arrangement; and

  • (b) any qualification of the power of a person to exercise, control the exercise of, or influence the exercise of, the voting powers or disposal of the securities to which the relevant interest relates (indicating clearly the particular securities to which the qualification applies).

See the definition of "relevant agreement" in section 9 of the Corporations Act 2001.

  • (5) Details of the consideration must include any and all benefits, money and other, that any person from whom a relevant interest was acquired has, or may, become entitled to receive in relation to that acquisition. Details must be included even if the benefit is conditional on the happening or not of a contingency. Details must be included of any benefit paid on behalf of the substantial holder or its associate in relation to the acquisitions, even if they are not paid directly to the person from whom the relevant interest was acquired.

  • (6) The voting shares of a company constitute one class unless divided into separate classes.

  • (7) Give details, if appropriate, of the present association and any change in that association since the last substantial holding notice.

Annexure A

This is Annexure A of 5 pages referred to in Form 605 (Notice of ceasing to be a substantial holder).

To company name: Develop Global Limited ACN: 122 180 205

Name: Jenna Mazza Title: Company Secretary Date: 12 April 2024

MinRes Group Entities

MinRes Group Entities
Name Company Number Nature of association Address
Mineral Resources Limited 118 549 910 Holder of the securities 20 Walters Drive, Osborne
Park WA 6017
Lithium Resources Operations Pty
Ltd		 657 042 218 Holder of the securities 20 Walters Drive, Osborne
Park WA 6017
Wodgina Lithium Pty Ltd 611 488 932 Holder of the securities 20 Walters Drive, Osborne
Park WA 6017
A.C.N. 611 494 912 Pty Ltd 611 494 912 Related Body Corporate 20 Walters Drive, Osborne
Park WA 6017
A.C.N. 611 495 268 Pty Ltd 611 495 268 Related Body Corporate 20 Walters Drive, Osborne
Park WA 6017
A.C.N. 616 667 442 Pty Ltd 616 667 442 Related Body Corporate 20 Walters Drive, Osborne
Park WA 6017
ACN 616 677 797 Pty Ltd 616 677 797 Related Body Corporate 20 Walters Drive, Osborne
Park WA 6017
A.C.N. 616 678 249 Pty Ltd 616 678 249 Related Body Corporate 20 Walters Drive, Osborne
Park WA 6017
A.C.N. 625 973 006 Pty Ltd 625 973 006 Related Body Corporate 20 Walters Drive, Osborne
Park WA 6017
A.C.N. 629 923 753 Pty Ltd 629 923 753 Related Body Corporate 20 Walters Drive, Osborne
Park WA 6017
A.C.N. 629 927 911 Pty Ltd 629 927 911 Related Body Corporate 20 Walters Drive, Osborne
Park WA 6017
A.C.N. 632 334 037 Pty Ltd 632 334 037 Related Body Corporate 20 Walters Drive, Osborne
Park WA 6017
A.C.N. 632 334 975 Pty Ltd 632 334 975 Related Body Corporate 20 Walters Drive, Osborne
Park WA 6017
A.C.N. 634 817 244 Pty Ltd 634 817 244 Related Body Corporate 20 Walters Drive, Osborne
Park WA 6017
A.C.N. 634 841 811 Pty Ltd 634 841 811 Related Body Corporate 20 Walters Drive, Osborne
Park WA 6017
A.C.N. 641 843 987 Pty Ltd 641 843 987 Related Body Corporate 20 Walters Drive, Osborne
Park WA 6017
A.C.N. 654 242 690 Pty Ltd 654 242 690 Related Body Corporate 20 Walters Drive, Osborne
Park WA 6017
A.C.N. 664 123 291 Pty Ltd 664 123 291 Related Body Corporate 20 Walters Drive, Osborne
Park WA 6017
Name Company Number Nature of association Address
A.C.N. 665 883 509 Pty Ltd 665 883 509 Related Body Corporate 20 Walters Drive, Osborne
Park WA 6017
A.C.N. 665 899 614 Pty Ltd 665 899 614 Related Body Corporate 20 Walters Drive, Osborne
Park WA 6017
A.C.N. 665 973 964 Pty Ltd 665 973 964 Related Body Corporate 20 Walters Drive, Osborne
Park WA 6017
A.C.N. 665 974 292 Pty Ltd 665 974 292 Related Body Corporate 20 Walters Drive, Osborne
Park WA 6017
A.C.N. 669 538 809 Pty Ltd 669 538 809 Related Body Corporate 20 Walters Drive, Osborne
Park WA 6017
A.C.N. 671 531 963 Pty Ltd 671 531 963 Related Body Corporate 20 Walters Drive, Osborne
Park WA 6017
A.C.N. 672 099 384 Pty Ltd 672 099 384 Related Body Corporate 20 Walters Drive, Osborne
Park WA 6017
A.C.N. 672 127 310 Pty Ltd 672 127 310 Related Body Corporate 20 Walters Drive, Osborne
Park WA 6017
ACN 673 265 828 Pty Ltd 673 265 828 Related Body Corporate 20 Walters Drive, Osborne
Park WA 6017
A.C.N. 673 442 950 Pty Ltd 673 442 950 Related Body Corporate 20 Walters Drive, Osborne
Park WA 6017
A.C.N. 673 443 948 Pty Ltd 673 443 948 Related Body Corporate 20 Walters Drive, Osborne
Park WA 6017
Aggregate Crushing Australia Pty
Ltd		 147 325 228 Related Body Corporate Level 3, 14 Walters Drive,
Osborne Park WA 6017
Ashburton Properties Pty Ltd 649 043 112 Related Body Corporate 20 Walters Drive, Osborne
Park WA 6017
Australian Garnet Pty Ltd 646 741 157 Related Body Corporate Level 3, 14 Walters Drive,
Osborne Park WA 6017
Auvex Resources Pty Ltd 129 087 832 Related Body Corporate 20 Walters Drive, Osborne
Park WA 6017
Bauxite Mineral Resources Pty Ltd 627 949 544 Related Body Corporate 20 Walters Drive, Osborne
Park WA 6017
Buckland Minerals Transport Pty Ltd 152 574 082 Related Body Corporate 20 Walters Drive, Osborne
Park WA 6017
Bulk Ore Shuttle System Pty Ltd 621 413 803 Related Body Corporate 20 Walters Drive, Osborne
Park WA 6017
Bungaroo South Pty Ltd 152 574 528 Related Body Corporate 20 Walters Drive, Osborne
Park WA 6017
Cape Preston Logistics Pty Ltd 152 574 233 Related Body Corporate 20 Walters Drive, Osborne
Park WA 6017
Central Systems Pty Ltd 107 284 319 Related Body Corporate Level 3, 14 Walters Drive,
Osborne Park WA 6017
Concrete Construction (W.A.) Pty Ltd 667 369 726 Related Body Corporate Level 3, 14 Walters Drive,
Osborne Park WA 6017
Crushing Service Solutions Pty Ltd 151 387 709 Related Body Corporate Level 3, 14 Walters Drive,
Osborne Park WA 6017
Crushing Services International Pty
Ltd		 069 303 377 Related Body Corporate 20 Walters Drive, Osborne
Park WA 6017
Eclipse Minerals Pty Ltd 097 974 813 Related Body Corporate 20 Walters Drive, Osborne
Park WA 6017
Energy Resources Limited 009 475 423 Related Body Corporate 20 Walters Drive, Osborne
Park WA 6017
Name Company Number Nature of association Address
Everthere Pty Ltd 130 421 091 Related Body Corporate 20 Walters Drive, Osborne
Park WA 6017
Flotar Pty Ltd 608 310 014 Related Body Corporate 20 Walters Drive, Osborne
Park WA 6017
G & G Mining Fabrication Pty Ltd 169 498 408 Related Body Corporate 20 Walters Drive, Osborne
Park WA 6017
Graphite Resources Pty Ltd 627 948 332 Related Body Corporate 20 Walters Drive, Osborne
Park WA 6017
Gulf Conveyor Systems (WA) Pty Ltd 655 480 292 Related Body Corporate 15 Yanilla Avenue,
Wahroonga NSW 2076
Hedland Iron Pty Ltd 648 974 681 Related Body Corporate 20 Walters Drive, Osborne
Park WA 6017
Hitec Energy Pty Ltd 140 725 962 Related Body Corporate 20 Walters Drive, Osborne
Park WA 6017
Iron Resources Pty Ltd 626 063 796 Related Body Corporate 20 Walters Drive, Osborne
Park WA 6017
Kumina Iron Pty Ltd 169 725 973 Related Body Corporate 20 Walters Drive, Osborne
Park WA 6017
LithCo Lithium (Ningbo) Co Ltd 91330206MACC10PD09 Related Body Corporate 2ndFloor, Zaiyu Street Xingye
Building, Sanmen County,
Taizhou City, Zhejiang
Province
Lithco No.2 Pty Ltd 612 726 922 Related Body Corporate 20 Walters Drive, Osborne
Park WA 6017
Lithium Mineral Resources Pty Ltd 627 949 535 Related Body Corporate 20 Walters Drive, Osborne
Park WA 6017
Lithium Resources Australia Pty Ltd 623 115 088 Related Body Corporate 20 Walters Drive, Osborne
Park WA 6017
Lithium Resources Investments Pty
Ltd		 666 427 685 Related Body Corporate 20 Walters Drive, Osborne
Park WA 6017
Lithium Resources Pty Ltd 654 457 299 Related Body Corporate 20 Walters Drive, Osborne
Park WA 6017
Lithium Resources Services Pty Ltd 666 109 771 Related Body Corporate 20 Walters Drive, Osborne
Park WA 6017
Lithium Resources Trading Pty Ltd 666 153 064 Related Body Corporate 20 Walters Drive, Osborne
Park WA 6017
Lithium Resources UK Ltd Company Number
14194768		 Related Body Corporate 1stFloor, Templeback, 10
Temple Back, Bristol, UK BS1
6FL
Lithium Resources US Ltd Co. Company Number
6947381		 Related Body Corporate 251 Little Falls Drive,
Wilmington, New Castle
County,Delaware 19808
Location 53 Pty. Ltd. 618 320 773 Related Body Corporate 20 Walters Drive, Osborne
Park WA 6017
Magnetite Mineral Resources Pty
Ltd		 627 948 832 Related Body Corporate 20 Walters Drive, Osborne
Park WA 6017
MARBL Lithium Operations Pty Ltd 637 077 608 Related Body Corporate 20 Walters Drive, Osborne
Park WA 6017
Mineral Resources (Equipment) Pty
Ltd		 162 993 080 Related Body Corporate 20 Walters Drive, Osborne
Park WA 6017
Mineral Resources Rail Pty Ltd 638 631 259 Related Body Corporate 20 Walters Drive, Osborne
Park WA 6017
Mineral Resources Transport Pty Ltd 158 718 195 Related Body Corporate 20 Walters Drive, Osborne
Park WA 6017
Name Company Number Nature of association Address
Mineral Solutions Australia Pty Ltd 626 914 458 Related Body Corporate Level 3, 14 Walters Drive,
Osborne Park WA 6017
MinRes Air Aircraft Pty Ltd 675 200 049 Related Body Corporate 20 Walters Drive, Osborne
Park WA 6017
MinRes Air Facilities Pty Ltd 675 197 770 Related Body Corporate 20 Walters Drive, Osborne
Park WA 6017
MinRes Air Flight Operations Pty Ltd 675 199 309 Related Body Corporate 20 Walters Drive, Osborne
Park WA 6017
MinRes Air Holdings Pty Ltd 675 196 979 Related Body Corporate 20 Walters Drive, Osborne
Park WA 6017
MinRes Child Care Pty Ltd 672 120 295 Related Body Corporate 20 Walters Drive, Osborne
Park WA 6017
MinRes Health Pty Ltd 629 928 150 Related Body Corporate 20 Walters Drive, Osborne
Park WA 6017
MinRes Marine Pty Ltd 638 643 919 Related Body Corporate 20 Walters Drive, Osborne
Park WA 6017
MinRes Properties Pty Ltd 638 657 486 Related Body Corporate 20 Walters Drive, Osborne
Park WA 6017
MIS. Carbonart Pty Ltd 160 456 922 Related Body Corporate 20 Walters Drive, Osborne
Park WA 6017
MN Battery Minerals Pty Ltd 161 487 930 Related Body Corporate Level 3, 14 Walters Drive,
Osborne Park WA 6017
MRL Asset Management Pty Ltd 169 725 964 Related Body Corporate 20 Walters Drive, Osborne
Park WA 6017
MRL Rail Pty Ltd 169 516 296 Related Body Corporate 20 Walters Drive, Osborne
Park WA 6017
Mt Marion Holdings Pty Ltd 666 115 742 Related Body Corporate 20 Walters Drive, Osborne
Park WA 6017
Mt Marion Lithium Management Pty
Ltd		 666 116 365 Related Body Corporate 20 Walters Drive, Osborne
Park WA 6017
Mt Marion Lithium Pty Ltd 138 805 722 Related Body Corporate 20 Walters Drive, Osborne
Park WA 6017
Norwest Energy Pty Ltd 078 301 505 Related Body Corporate 20 Walters Drive, Osborne
Park WA 6017
OIPO Pty Ltd 664 121 297 Related Body Corporate 20 Walters Drive, Osborne
Park WA 6017
Onslow Infraco Pty Ltd 612 668 201 Related Body Corporate 20 Walters Drive, Osborne
Park WA 6017
Onslow Iron Pty Ltd 649 012 395 Related Body Corporate 20 Walters Drive, Osborne
Park WA 6017
Onslow Steel Pty Ltd 632 334 671 Related Body Corporate 20 Walters Drive, Osborne
Park WA 6017
Ore Sorting Australia Pty Ltd 608 847 445 Related Body Corporate Level 3, 14 Walters Drive,
Osborne Park WA 6017
P.I.H.A. Pty Ltd 061 356 812 Related Body Corporate 20 Walters Drive, Osborne
Park WA 6017
Peloton Resources Pty Ltd 162 055 941 Related Body Corporate Level 3, 14 Walters Drive,
Osborne Park WA 6017
PIHA (Water) Pty Ltd 162 627 358 Related Body Corporate 20 Walters Drive, Osborne
Park WA 6017
Polaris Metals Pty Ltd 085 223 570 Related Body Corporate 20 Walters Drive, Osborne
Park WA 6017
Name Company Number Nature of association Address
Process Minerals International Pty
Ltd		 063 988 894 Related Body Corporate 20 Walters Drive, Osborne
Park WA 6017
Reed Advanced Materials Pty Ltd 142 876 211 Related Body Corporate Level 1, 1292 Hay St West
Perth WA 6005 Australia
RDG Technologies Pty Ltd 659 814 070 Related Body Corporate Level 3, 14 Walters Drive,
Osborne Park WA 6017
Resource Development Group
Limited		 149 028 142 Related Body Corporate Level 3, 14 Walters Drive,
Osborne Park WA 6017
Steelpile Pty Ltd 169 849 987 Related Body Corporate 20 Walters Drive, Osborne
Park WA 6017
Tawana Resources Pty Ltd 085 166 721 Related Body Corporate 20 Walters Drive, Osborne
Park WA 6017
Vigor Materials Handling Pty Ltd 602 182 463 Related Body Corporate 20 Walters Drive, Osborne
Park WA 6017
Westranch Holdings Pty Ltd 077 208 952 Related Body Corporate 20 Walters Drive, Osborne
Park WA 6017
Wodgina Lithium Project Services
Pty Ltd		 666 119 080 Related Body Corporate 20 Walters Drive, Osborne
Park WA 6017
Wonmunna Iron Ore Pty Ltd 169 151 777 Related Body Corporate 20 Walters Drive, Osborne
Park WA 6017
Yilgarn Iron Pty Ltd 626 035 078 Related Body Corporate 20 Walters Drive, Osborne
Park WA 6017

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