Centamin PLC Announces Notification of Major Holding(s)
Rhea-AI Summary
JPMorgan Chase & Co has reported a change in its holdings of Centamin PLC (LSE:CEY, TSX:CEE, OTC:CELTF) shares. The notification indicates that JPMorgan's total position increased to 5.20652% of voting rights on November 14, 2024, up from the previous 5.000087%. This includes 5.201509% through direct voting rights attached to shares (60,393,959 shares) and 0.005017% through financial instruments. The majority of the holding is controlled through J.P. Morgan Securities plc, which holds approximately 5.108555% of the total voting rights.
Positive
- Increased institutional ownership with JPMorgan Chase raising its position above 5% threshold
- Major financial institution maintaining significant stake signals confidence in the company
Negative
- None.
News Market Reaction
On the day this news was published, CELTF gained 0.63%, reflecting a mild positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
PERTH, AUSTRALIA / ACCESSWIRE / November 18, 2024 / Centamin PLC (LSE:CEY)(TSX:CEE)(OTC PINK:CELTF)
TR-1: Standard form for notification of major holdings
1. Issuer Details
ISIN
JE00B5TT1872 |
Issuer Name
CENTAMIN PLC |
UK or Non-UK Issuer
Non-UK |
2. Reason for Notification
An acquisition or disposal of voting rights |
3. Details of person subject to the notification obligation
Name
JPMorgan Chase & Co. |
City of registered office (if applicable)
|
Country of registered office (if applicable)
US |
4. Details of the shareholder
Name | City of registered office | Country of registered office |
J.P. Morgan Securities plc |
|
|
5. Date on which the threshold was crossed or reached
14-Nov-2024 |
6. Date on which Issuer notified
18-Nov-2024 |
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 | 5.201509 | 0.005017 | 5.206526 | 60452270 |
Position of previous notification (if applicable) | 4.943030 | 0.057057 | 5.000087 |
|
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) |
JE00B5TT1872 |
| 60393959 |
| 5.201509 |
Sub Total 8.A | 60393959 | |||
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 |
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Sub Total 8.B1 |
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| |
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 |
Cash-settled Equity Swap | 17/10/2025 | 17/10/2025 | Cash | 58311 | 0.005017 |
Sub Total 8.B2 |
| 58311 | |||
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 |
JPMorgan Chase & Co. | J.P. Morgan Securities plc | 5.103538 |
| |
JPMorgan Chase & Co. | J.P. Morgan Securities LLC |
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JPMorgan Chase & Co. | J.P. Morgan SE |
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JPMorgan Chase & Co. | J.P. Morgan Markets Limited |
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10. In case of proxy voting
Name of the proxy holder
|
The number and % of voting rights held
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The date until which the voting rights will be held
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11. Additional Information
Chain of controlled undertakings: |
12. Date of Completion
18-Nov-2024 |
13. Place Of Completion
London, United Kingdom |
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 or visit www.rns.com.
SOURCE: Centamin PLC
View the original press release on accesswire.com
FAQ
What is JPMorgan Chase's new ownership percentage in Centamin (CELTF) as of November 2024?
How many Centamin (CELTF) shares does JPMorgan Chase directly control?
When did JPMorgan Chase cross the reporting threshold for Centamin (CELTF)?
