RNS Number : 3017X
Focus Xplore PLC
29 August 2025
29 August 2025
Focus Xplore PLC
('Focus Xplore' or the 'Company')
Notification of relevant change to significant shareholder
Focus Xplore PLC (AIM: FOX), the strategic energy and critical minerals exploration and development company, announces it has received notification that on 28 August 2025 Armstrong Investments Limited had crossed a threshold for notification of a relevant change (as defined by the AIM Rules for Companies). The Company has received the following TR-1 notification, a copy of which is set out below.
TR-1: Standard form for notification of major holdings
1. Issuer Details
ISIN
GB00BSNBL022
Issuer Name
FOCUS XPLORE PLC (FORMERLY: KATORO GOLD PLC)
UK or Non-UK Issuer
UK
2. Reason for Notification
An acquisition or disposal of voting rights
3. Details of person subject to the notification obligation
Name
First Equity Limited
City of registered office (if applicable)
London
Country of registered office (if applicable)
United Kingdom
Name
City of registered office
Country of registered office
Estate of William Black
Armstrong Investments Limited
Douglas
Isle of Man
4. Details of the shareholder
Name
City of registered office
Country of registered office
Nortrust Nominees Limited
London
United Kingdom
5. Date on which the threshold was crossed or reached
28-Aug-2025
6. Date on which Issuer notified
29-Aug-2025
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
Resulting situation on the date on which threshold was crossed or reached
6.728206
0.000000
6.728206
150000000
Position of previous notification (if applicable)
8.970941
0.000000
8.970941
8. Notified details of the resulting situation on the date on which the threshold was crossed or reached
8A. Voting rights attached to shares
Class/Type of shares ISIN code(if possible)
Number of direct voting rights (DTR5.1)
Number of indirect voting rights (DTR5.2.1)
% of direct voting rights (DTR5.1)
% of indirect voting rights (DTR5.2.1)
GB00BSNBL022
150000000
0
6.728206
0.000000
Sub Total 8.A
150000000
6.728206%
8B1. Financial Instruments according to (DTR5.3.1R.(1) (a))
Type of financial instrument
Expiration date
Exercise/conversion period
Number of voting rights that may be acquired if the instrument is exercised/converted
% of voting rights
Sub Total 8.B1
8B2. Financial Instruments with similar economic effect according to (DTR5.3.1R.(1) (b))
Type of financial instrument
Expiration date
Exercise/conversion period
Physical or cash settlement
Number of voting rights
% of voting rights
Sub Total 8.B2
9. Information in relation to the person subject to the notification obligation
2. 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 entities (please add additional rows as necessary)
Ultimate controlling person
Name of controlled undertaking
% 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
Estate of William Black
First Equity Limited as Investment Manager of Armstrong Inv Limited
6.728206
6.728206%
Estate of William Black
Armstrong Investments Limited
10. In case of proxy voting
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
12. Date of Completion
29-Aug-2025
13. Place Of Completion
London
Enquiries:
Patrick Cullen
info@focusXplore.com
Focus Xplore PLC
Chief Executive Officer
James Biddle Roland Cornish
+44 (0) 207 628 3396
Beaumont Cornish Limited
Nominated Adviser
Jason Robertson
+44 (0) 207 374 2212
First Equity Limited
Corporate Broker
Corporate Website:www.focusXplore.com
LinkedIn:Focus Xplore PLC
X:@focusXplore
Beaumont Cornish Limited ("Beaumont Cornish") is the Company's Nominated Adviser and is authorised and regulated by the FCA. Beaumont Cornish's responsibilities as the Company's Nominated Adviser, including a responsibility to advise and guide the Company on its responsibilities under the AIM Rules for Companies and AIM Rules for Nominated Advisers, are owed solely to the London Stock Exchange. Beaumont Cornish is not acting for and will not be responsible to any other persons for providing protections afforded to customers of Beaumont Cornish nor for advising them in relation to the proposed arrangements described in this announcement or any matter referred to in it.
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