Centamin PLC Announces Notification of Major Holding(s)
Rhea-AI Summary
Centamin PLC has announced a notification of major holding. Barclays PLC has reported crossing a threshold on September 23, 2024, with a total position of 5.00000% in Centamin PLC. This includes 4.950000% of voting rights attached to shares and 0.050000% through financial instruments. The total number of voting rights held is 58,099,987.
The breakdown of the holding includes 57,454,292 indirect voting rights attached to shares, as well as financial instruments such as Right to Recall, Equity Swaps, CFDs, and Portfolio Swaps. Barclays Capital Securities holds the majority of the position, with 4.890000% of voting rights.
Positive
- Barclays PLC has acquired a significant 5% stake in Centamin PLC, potentially indicating confidence in the company
- The majority of the holding (4.95%) is in direct voting rights, suggesting a long-term investment approach
Negative
- None.
News Market Reaction
On the day this news was published, CELTF declined 6.78%, reflecting a notable negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
PERTH, AUSTRALIA / ACCESSWIRE / September 30, 2024 / Centamin PLC (LSE:CEY)(TSX:CEE)
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
Barclays PLC |
City of registered office (if applicable)
London |
Country of registered office (if applicable)
United Kingdom |
4. Details of the shareholder
Name | City of registered office | Country of registered office |
Barclays Capital Securities Limited | London | United Kingdom |
5. Date on which the threshold was crossed or reached
23-Sep-2024 |
6. Date on which Issuer notified
27-Sep-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 | 4.950000 | 0.050000 | 5.000000 | 58099987 |
Position of previous notification (if applicable) | n/a | n/a | n/a |
|
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 |
| 57454292 |
| 4.950000 |
Sub Total 8.A | 57454292 | |||
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 |
Right to Recall | n/a | n/a | 44000 | 0.000000 |
Sub Total 8.B1 |
| 44000 | ||
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 |
Equity Swap | n/a | 09/07/2026 - 15/07/2026 | Cash | 101195 | 0.010000 |
CFD | n/a | n/a | Cash | 391733 | 0.030000 |
Portfolio Swap | n/a | 02/06/2025 - 03/08/2026 | Cash | 108767 | 0.010000 |
Sub Total 8.B2 |
| 601695 | |||
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 |
Barclays PLC | Barclays Bank PLC |
|
|
|
Barclays PLC | Barclays Capital Securities Limited | 4.890000 |
| |
Barclays PLC | Barclays Investment Solutions 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
Full chain of controlled undertaking: |
12. Date of Completion
27-Sep-2024 |
13. Place Of Completion
London |
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 percentage of Centamin PLC (CELTF) does Barclays PLC now hold?
When did Barclays PLC cross the threshold for Centamin PLC (CELTF) shareholding?
How many voting rights does Barclays PLC hold in Centamin PLC (CELTF)?
What types of financial instruments does Barclays PLC use for its Centamin PLC (CELTF) holding?
