Bluebird Mining Vnt. - Holdings in Company - TR-1s and PCA

Bluebird Mining Ventures

29/09/2026 07:00

RNS Number : 6541W
  
Bluebird Mining Ventures Ltd
  
29 September 2026
  
 



29 September 2026


Bluebird Mining Ventures Ltd


("BMV" or the "Company")


Holdings in Company - TR-1s and PCA


Bluebird Mining Ventures Ltd (LSE: BMV) (the “Company” or “BMV”), previously announced on 18 September 2026 certain issues of ordinary shares of no par value (“Shares”) and on 25 September 2026 announced the admission of certain of those Shares.  The Company has now submitted a major shareholder notification due to the dilution this Share issue caused which is detailed below.  The Company has also received notifications from Skylake Management LLP (“Skylake”) to reflect the Shares it has received directly from the Company and Shares received in its capacity as a contractor to the Company, which are set out below.  The Company confirms that the 203,635,601 Shares issued to contractors from the contractor pool were issued at a price £0.000691 (save for 86,109,086 Shares which were issued to Skylake at £0.0015) both of which are at a premium to the 10-day volume weighted average price at issue, which is the Company’s expected benchmark for issues of shares to contractors.


For further information, please contact;



Bluebird Mining Ventures Ltd




 




Sath Ganesarajah, Chief Executive Officer




c/o Yellow Jersey PR




 




 




Yellow Jersey PR




 




Charles Goodwin / Annabelle Wills




+44 (0)20 3004 9512



 


Investor questions on this announcement


We encourage all investors to share questions on this announcement via our investor hub: https://ir.bmvbtc.com/link/PB5zQr 


About Bluebird Mining Ventures Ltd


Bluebird Mining Ventures Ltd (LSE: BMV) is a gold streaming, mining and treasury company focused on building long-term shareholder value through disciplined capital allocation into scarce real-world assets.


The Company applies a capital-light streaming and royalty model across opportunities in metals, energy and treasury management, seeking to generate recurring cash flows while maintaining a strong focus on balance sheet discipline and long-term net asset value growth.


Drawing on its heritage in precious metals, BMV aims to develop scalable investment platforms that provide exposure to scarce assets without the operational risks associated with direct ownership or operation.


For more information, please visit www.bmvbtc.com.



TR-1: Standard form for notification of major holdings
 



NOTIFICATION OF MAJOR HOLDINGS (to be sent to the relevant issuer and to the FCA in Microsoft Word format if possible) i




 




1a. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached ii: 




Bluebird Mining Ventures Ltd




1b. Please indicate if the issuer is a non-UK issuer  (please mark with an “X” if appropriate)




Non-UK issuer




X




2. Reason for the notification (please mark the appropriate box or boxes with an “X”)




An acquisition or disposal of voting rights




X




An acquisition or disposal of financial instruments




 




An event changing the breakdown of voting rights




 




Other (please specify) iii:




 




3. Details of person subject to the notification obligation iv




Name




Bluebird Mining Ventures Ltd




City and country of registered office (if applicable)




Tortola, British Virgin Islands




4. Full name of shareholder(s) (if different from 3.) v




Name




Skylake Management LLP




City and country of registered office (if applicable)




London 




5. Date on which the threshold was crossed or reached vi:




25/09/2026




6. Date on which issuer notified (DD/MM/YYYY):




28/09/2026




7. Total positions of person(s) subject to the notification obligation




 




% of voting rights attached to shares (total of 8. A)




% of voting rights through financial instruments 
(total of 8.B 1 + 8.B 2)




Total of both in % (8.A + 8.B)




Total number of voting rights held in issuer (8.A + 8.B) vii




Resulting situation on the date on which threshold was crossed or reached




 


12.75922


 


 




N/A




 


12.75922


 


 




410,294,114


 




Position of previous notification (if 


applicable)




17.62812


 




N/A


 




17.62812




503,635,601


 

















 



8. Notified details of the resulting situation on the date on which the threshold was crossed or reached viii




A: Voting rights attached to shares




Class/type of
shares


ISIN code (if possible)




Number of voting rights ix




% of voting rights




Direct


(DTR5.1)




Indirect


 (DTR5.2.1)




Direct


(DTR5.1)




Indirect


(DTR5.2.1)




Ordinary




 




410,294,114




 




12.75922




 




 




 




 




 




 




 




 




 




 




SUBTOTAL 8. A




410,294,114




12.75922




 


 




B 1: Financial Instruments according to DTR5.3.1R (1) (a)




Type of financial instrument




Expiration
date x




Exercise/ 
Conversion Period xi




Number of voting rights that may be acquired if the instrument is 


exercised/converted.




% of voting rights




 




 




 




 




 




 




 




 




 




 




 




 




 




 




 




 




 




SUBTOTAL 8. B 1




 




 




 


 




B 2: Financial Instruments with similar economic effect according to DTR5.3.1R (1) (b)




Type of financial instrument




Expiration
date x




Exercise/ 
Conversion Period xi




Physical or cash 


Settlement xii




Number of voting rights 




% of voting rights




 




 




 




 




 




 




 




 




 




 




 




 




 




 




 




 




 




 




 




 




 




SUBTOTAL 8.B.2




 




 




 


 























 



9. Information in relation to the person subject to the notification obligation (please mark the 


applicable box with an “X”)




Person subject to the notification obligation is not controlled by any natural person or legal entity and does not control any other undertaking(s) holding directly or indirectly an interest in the (underlying) issuer xiii




 




Full chain of controlled undertakings through which the voting rights and/or the
financial instruments are effectively held starting with the ultimate controlling natural person or legal entity (please add additional rows as necessary) xiv




X




Name xv




% of voting rights if it equals or is higher than the notifiable threshold




% of voting rights through financial instruments if it equals or is higher than the notifiable threshold




Total of both if it equals or is higher than the notifiable threshold




Skylake Management LLP




12.75922




 




12.75922




 




 




 




 




 




 




 




 




 




 




 




 




 




 




 




 




 




10. In case of proxy voting, please identify:




Name of the proxy holder




 




The number and % of voting rights held




 




The date until which the voting rights will be held




 




 




11. Additional information xvi




The shares registered in this notification (the "Trust Shares") are held by Skylake Management LLP ("Skylake") pursuant to a deed of trust under which Bluebird Mining Ventures Ltd ("BMV") controls the voting rights attached to the Trust Shares. Accordingly, BMV is an indirect holder of the Trust Shares, which are legally held by Skylake as trustee for the beneficiaries of the trust, none of whom is BMV.













 



Place of completion




London




Date of completion




28.09.2026



 


 


TR-1: Standard form for notification of major holdings


 



NOTIFICATION OF MAJOR HOLDINGS (to be sent to the relevant issuer and to the FCA in Microsoft Word format if possible) i




 




1a. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached ii: 




Bluebird Mining Ventures Ltd




1b. Please indicate if the issuer is a non-UK issuer  (please mark with an “X” if appropriate)




Non-UK issuer




X




2. Reason for the notification (please mark the appropriate box or boxes with an “X”)




An acquisition or disposal of voting rights




X




An acquisition or disposal of financial instruments




 




An event changing the breakdown of voting rights




 




Other (please specify) iii:




 




3. Details of person subject to the notification obligation iv




Name




Skylake Management LLP




City and country of registered office (if applicable)




London




4. Full name of shareholder(s) (if different from 3.) v




Name




 




City and country of registered office (if applicable)




 




5. Date on which the threshold was crossed or reached vi:




25/09/2026




6. Date on which issuer notified (DD/MM/YYYY):




28/09/2026




7. Total positions of person(s) subject to the notification obligation




 




% of voting rights attached to shares (total of 8. A)




% of voting rights through financial instruments 
(total of 8.B 1 + 8.B 2)




Total of both in % (8.A + 8.B)




Total number of voting rights held in issuer (8.A + 8.B) vii




Resulting situation on the date on which threshold was crossed or reached




20.69062


 




N/A




20.69062


 




665,341,487


 




Position of previous notification (if 


applicable)




7.46704


 




N/A


 




7.46704


 




213,333,333


 

















 



8. Notified details of the resulting situation on the date on which the threshold was crossed or reached viii




A: Voting rights attached to shares




Class/type of
shares


ISIN code (if possible)




Number of voting rights ix




% of voting rights




Direct


(DTR5.1)




Indirect


 (DTR5.2.1)




Direct


(DTR5.1)




Indirect


(DTR5.2.1)




Ordinary




665,341,487


 




 




20.69062


 




 




 




 




 




 




 




 




 




 




 




 




SUBTOTAL 8. A




665,341,487


 




20.69062


 




 


 




B 1: Financial Instruments according to DTR5.3.1R (1) (a)




Type of financial instrument




Expiration
date x




Exercise/ 
Conversion Period xi




Number of voting rights that may be acquired if the instrument is 


exercised/converted.




% of voting rights




 




 




 




 




 




 




 




 




 




 




 




 




 




 




 




 




 




SUBTOTAL 8. B 1




 




 




 


 




B 2: Financial Instruments with similar economic effect according to DTR5.3.1R (1) (b)




Type of financial instrument




Expiration
date x




Exercise/ 
Conversion Period xi




Physical or cash 


Settlement xii




Number of voting rights 




% of voting rights




 




 




 




 




 




 




 




 




 




 




 




 




 




 




 




 




 




 




 




 




 




SUBTOTAL 8.B.2




 




 




 


 























 



9. Information in relation to the person subject to the notification obligation (please mark the 


applicable box with an “X”)




Person subject to the notification obligation is not controlled by any natural person or legal entity and does not control any other undertaking(s) holding directly or indirectly an interest in the (underlying) issuer xiii




 




Full chain of controlled undertakings through which the voting rights and/or the
financial instruments are effectively held starting with the ultimate controlling natural person or legal entity (please add additional rows as necessary) xiv




X




Name xv




% of voting rights if it equals or is higher than the notifiable threshold




% of voting rights through financial instruments if it equals or is higher than the notifiable threshold




Total of both if it equals or is higher than the notifiable threshold




Sath Ganesarajah 




20.69062




 




20.69062




 




 




 




 




 




 




 




 




 




 




 




 




 




 




 




 




 




10. In case of proxy voting, please identify:




Name of the proxy holder




 




The number and % of voting rights held




 




The date until which the voting rights will be held




 




 




11. Additional information xvi




The shares registered in this notification are those beneficially held by Skylake Management LLP (“Skylake”) and exclude shares held on trust by Skylake for third parties over which Skylake hold no control over the voting rights.  Skylake also received 328,666,667 ordinary shares in exchange for debt and 30,000,000 in respect of certain fees.













 



Place of completion




London




Date of completion




28.09.2026



 


 



Name


[Include first name(s) and last name(s); if the PCA is a legal person, state its full name, including the legal form, if applicable, as provided in the register where it is incorporated.]




 Skylake Management LLP




Status


[State that the notification relates to a PCA and indicate the name and job title of the relevant PDMR.]




 PCA




Reason for the notification


[Indicate whether this is an initial notification or amendment; if an amendment, explain the previous error that this amendment has corrected.]




 Initial notification




Description and identifier of the financial instrument


[State the nature of the instrument, e.g. share, debt instrument, a derivative or financial instrument linked to a share or debt instrument.]




Bluebird Mining Ventures Ltd - Ordinary Shares




Nature of the transaction


[Describe the transaction, e.g. acquisition or disposal, and whether it is linked to the exercise of a share option programme; indicate if the transaction was conducted pursuant to an investment programme or trading plan and provide the date on which the relevant investment programme or trading plan was entered into.]





       an obligation payable to Skylake to be satisfied through the issue of Ordinary Shares


       conversion of creditor balance owed by the company into shares


       Transfer of ordinary shares from a share incentive trust under a trust deed dated 16 January 2026.


      Transfer of ordinary shares from a share incentive trust under a trust deed dated 16 January 2026.





Date of the transaction


[State the date on which the transaction was executed and specify the time zone.]




 All 25.09.2026




Place of the transaction


[State the trading venue where the transaction was executed or, if none, state "outside a trading venue".]




 All CREST




Price(s) and volume(s) of the transaction


[Indicate the price, including currency, and volume of the transaction, stating the metric for quantity; where more than one transaction of the same nature in the same financial instrument is executed on the same day and at the same place, the prices and volumes of these transactions should be separately identified; they should not be aggregated or netted off.]





       30,000,000 @ £0.005


       328,666,667 @ £0.0006


       86,109,086 @ £0.0015


      7,232,401 @ £0.000691




 



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