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REG - Mkango Resources Ltd - TR-1: Notification of major holdings

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RNS Number : 7205V  Mkango Resources Limited  03 February 2025

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                                                                                    MKANGO RESOURCES LIMITED
 which voting rights are attached(ii):
 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
 An acquisition or disposal of financial instruments
 An event changing the breakdown of voting rights                                                                                                                                                                                                 X
 Other (please specify)(iii):
 3. Details of person subject to the notification obligation(iv)
 Name                                                                                                                                                         STEWART WORTH NEWTON
 City and country of registered office (if applicable)
 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):                                                                                                   03/02/2025
 6. Date on which issuer notified (DD/MM/YYYY):                                                                                                               03/02/2025
 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 both in % (8.A + 8.B)  Total number of voting rights of issuer(vii)

(total of 8.B 1 + 8.B 2)
 Resulting situation on the date on which threshold was crossed or reached  3.62%                                                                                                        3.62%

                                                                                                                                                                                                                         326,266,261
 Position of previous notification (if                                      4.85%                                                                                                        4.85%                                 243,430,865

 applicable)

 

 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                                  Number of voting rights(ix)                                                                                 % of voting rights

shares

 ISIN code (if possible)
                                                Direct                                          Indirect                                                    Direct                                           Indirect

                                                (Art 9 of Directive 2004/109/EC) (DTR5.1)       (Art 10 of Directive 2004/109/EC) (DTR5.2.1)                (Art 9 of Directive 2004/109/EC) (DTR5.1)        (Art 10 of Directive 2004/109/EC) (DTR5.2.1)
 CA60686A4090                                   8,066,666                                       3,756,667                                                   2.47                                             1.15

 SUBTOTAL 8. A                                                                                                                                              3.62

                                                11,823,333

 B 1: Financial Instruments according to Art. 13(1)(a) of Directive 2004/109/EC
 (DTR5.3.1.1 (a))
 Type of financial instrument                   Expiration              Exercise/                                                   Number of voting rights that may be acquired if the instrument is        % of voting rights

date(x)
Conversion Period(xi)

                                                                                                                                    exercised/converted.

                                                                        SUBTOTAL 8. B 1

 B 2: Financial Instruments with similar economic effect according to Art.
 13(1)(b) of Directive 2004/109/EC (DTR5.3.1.1 (b))
 Type of financial instrument  Expiration                               Exercise/                                 Physical or cash                                                  Number of voting rights  % of voting rights

date(x)
Conversion Period (xi)

                                                                                                                  settlement(xii)

                                                                                                                  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                                                                                                                                           X
 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(xiv) (please add additional rows as
 necessary)
 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  Total of both if it equals or is higher than the notifiable threshold
                                                                                                         than the notifiable threshold

 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)

 Stewart Newton is the UBO of Sussex Trading Co Ltd which, as at 03 February
 2025, held 3,756,667 shares (1.15%) under the nomineeship of ROCK (Nominees)
 Ltd.

 On 31 January 2025, the Company completed an equity placement where 29,187,500
 shares were issued. This resulted in the reduction of the % of voting rights.

 

 Place of completion  London
 Date of completion   3(rd) February 2025

 

 Annex: Notification of major holdings (to be filed with the FCA only)

 A: Identity of the person subject to the notification obligation
 Full name (including legal form for legal entities)                        STEWART WORTH NEWTON
 Contact address (registered office for legal entities)                     SOLEIL DU SOIR, PONTAC COMMON, ST CLEMENT,

                                                                            JERSEY, CHANNEL ISLANDS, JE2 6SX
 E-Mail                                                                     snewton@meridieminvestment.com (mailto:snewton@meridieminvestment.com)

 Phone number / Fax number                                                  01534 733 729
 Other useful information

 (at least legal representative for legal persons)

 B: Identity of the notifier, if applicable
 Full name                                                                  Sara Lowne
 Contact address                                                            22 HILL HOUSE DRIVE, HAMPTON, TW12 2FD
 E-Mail                                                                     slowne@sussexresearchltd.co.uk (mailto:slowne@sussexresearchltd.co.uk)
 Phone number / Fax number                                                  0203 740 8371
 Other useful information (e.g. functional relationship with the person or
 legal entity subject to the notification obligation)

 C: Additional information

 

 

Please send the completed form together with this annex to the FCA at the
following email

address: Majorshareholdings@fca.org.uk
(file:///C%3A/Users/malonso/AppData/Local/Microsoft/Windows/Temporary%20Internet%20Files/Content.Outlook/09NET500/Majorshareholdings@fca.org.uk)
. Please send in Microsoft Word format if possible.

 

 

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