Change in Substantial Holding - Rio Tinto
NEWS RELEASE I 8 JULY 2024
NOTICE OF CHANGE OF INTERESTS OF SUBSTANTIAL HOLDER
Sovereign Metals Limited (ASX: SVM, AIM: SVML) (Sovereign or the Company) advises that it was notified today via the filing of a Form 604 with the Australian Securities Exchange (ASX) that Rio Tinto Mining and Exploration Limited (Rio Tinto) provided a notice of change of interests of substantial holder (as defined by the Corporations Act 2001) of the Company as of 4 July 2024, having increased its shareholding in the Company from 83,095,592 ordinary shares, representing 15% of the Company's issued share capital as at the date of its previous notice, to 118,085,108 ordinary shares, representing 19.76% of the Company's issued share capital, following the issue of 439,918 shares as approved by Sovereign shareholders on 23 August 2023 and the issue of 34,549,598 shares pursuant to the exercise of options on 4 July 2024.
The Form 604 can be viewed in full via the below link:
https://www.investi.com.au/api/announcements/svm/511e90f4-659.pdf
ENQUIRIES
Dylan Browne +61(8) 9322 6322 |
Nominated Adviser on AIM and Joint Broker |
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SP Angel Corporate Finance LLP | +44 20 3470 0470 |
Ewan Leggat Charlie Bouverat | |
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Joint Brokers |
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Stifel | +44 20 7710 7600 |
Varun Talwar |
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Ashton Clanfield |
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Berenberg | +44 20 3207 7800 |
Matthew Armitt |
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Jennifer Lee |
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Buchanan | + 44 20 7466 5000 |
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