Who owns shares in ASX tech company Novonix right now?

Who are the biggest Novonix bag holders?

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Key points

  • Novonix is riding a wave of positive developments in the lithium industry
  • This has led some investors to wonder about the identities behind its largest shareholders
  • Company directors who own shares have skin in the game and could be incentivised to make better business decisions

Novonix Ltd (ASX: NVX) has been in the spotlight recently, its share price buoyed by the rapid positive developments in the lithium exploration industry. This has led some people to ask, who owns shares in Novonix on personal and institutional levels.

The good news is that this question is easily answered as it's accessible to the general public.

So let's break down who owns a stake in Novonix.

Novonix bag holders

The Fool's company page for the battery metals company lists its three main institutional shareholders as the following:

Company Shares owned% of total capital
St Baker Energy Holdings Pty Ltd62,843,52215.53
Citicorp Nominees Pty Limited32,619,4248.06
Allegro Capital Nominees Pty Ltd24,336,3376.01

On a personal level, Market Index lists the following director interests of Novonix shares:

DirectorDirect sharesIndirect sharesOptions
Andrew Liveris5,066,0004,132,7949,000,000
Robert Cooper652,61216,028,818200,000
Anthony (Tony) Bellas66,0002,346,3740
Robert Natter631,0341,500,0001,500,000

It should be noted there have not been any on-market director share purchases over the past two years.

Novonix share price snapshot

The Novonix share price is down 0.22% at the time of writing, after spending most of the morning in the green.

Novonix shares are down around 74% year to date. Meanwhile, the S&P/ASX 200 Index (ASX: XJO) is down 6.4% over the same period. The company's market capitalisation is $1.12 billion.

Motley Fool contributor Matthew Farley has no position in any of the stocks mentioned. The Motley Fool Australia's parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

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