REG - Sovereign Metals Ltd - Ceasing to be a Substantial Holder

Sovereign MetalsAnnouncement

Today 07:00

For best results when printing this announcement, please click on link below:
https://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20260326:nRSZ2428Ya&default-theme=true

RNS Number : 2428Y  Sovereign Metals Limited  26 March 2026

 

NEWS RELEASE I 26 MARCH 2026

 

Ceasing to be a Substantial Holder

 

Sovereign Metals Limited (ASX:SVM; AIM:SVML; OTCQX: SVMLF) (Sovereign or the
Company) advises that it was notified today, via the filing of a Form 605 with
the Australian Securities Exchange (ASX), that Sprott Inc. and each of its
controlled bodies (Sprott) have ceased to be a substantial holder (as defined
by the Corporations Act 2001) of the Company as of 12 March 2026.

Sprott's holding in the Company has decreased from 36,482,348 ordinary shares,
representing 5.639% of the Company's issued share capital, to 31,836,714
ordinary shares, representing 4.921% of the Company's issued share capital,
following on market trades undertaken between 14 October 2025 and 12 March
2026.

The Form 605 can be viewed in full via the link below:

https://api.investi.com.au/api/announcements/svm/8e8bdaeb-175.pdf

 

 Enquiries
 Frank Eagar, Managing Director & CEO

 South Africa / Malawi

 +27 21 140 3190

 Sapan Ghai, CCO

 London

 +44 207 478 3900

 

 Nominated Adviser on AIM and Joint Broker     
 SP Angel Corporate Finance LLP               +44 20 3470 0470
 Ewan Leggat

 Charlie Bouverat
                                               
 Joint Broker                                  
 Stifel                                       +44 20 7710 7600
 Varun Talwar
 Ashton Clanfield

 

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  HOLFIFISVEIRFIR



            Copyright 2019 Regulatory News Service, all rights reserved