Ecora Resources PLC Announces Notification of Major Holdings

Rhea-AI Summary

Ecora Resources PLC announced a significant change in major holdings as South32 Limited increased its voting rights to 17.52% from the previous 16.92%. The change occurred on May 14, 2025, through South32 Southern Africa Holdings Limited, based in London. The notification indicates that South32 Limited now holds 43,622,091 voting rights in Ecora Resources. This change was part of an internal reorganization where voting rights were transferred to another entity within the South32 group, with Canaccord Genuity Wealth Limited acting as the nominee. The notification was completed on May 19, 2025, in Perth, Australia.

LONDON, UK / ACCESS Newswire / May 19, 2025 / TR-1: Standard form for notification of major holdings

1. Issuer Details

ISIN

GB0006449366

Issuer Name

ECORA RESOURCES PLC

UK or Non-UK Issuer

UK

2. Reason for Notification

An acquisition or disposal of voting rights

3. Details of person subject to the notification obligation

Name

South32 Limited

City of registered office (if applicable)

Perth

Country of registered office (if applicable)

Australia

4. Details of the shareholder

Name	City of registered office	Country of registered office
South32 Southern Africa Holdings Limited	London	England

5. Date on which the threshold was crossed or reached

14-May-2025

6. Date on which Issuer notified

16-May2025

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	17.516473	0.000000	17.516473	43622091
Position of previous notification (if applicable)	16.917220	0.000000	16.917220

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)
GB0006449366	43622091		17.516473
Sub Total 8.A	43622091		17.516473%

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
Sub Total 8.B1

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
Sub Total 8.B2

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
South32 Limited		17.516473
South32 Limited	South32 International Investment Holdings Pty Ltd	17.516473
South32 Limited	South32 Southern Africa Holdings Limited	17.516473
South32 Limited	South32 International Investment Pty Ltd	0.000000
South32 Limited	South32 Jersey Limited	0.000000
South32 Limited	South32 SA Investments Limited	0.000000

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

This notification reflects the fact that as part of an internal reorganisation, the voting rights attached to shares which were the subject of the notification made on 22 July 2022 have been transferred to another entity in the South32 group. The legal owner of the shares is Canaccord Genuity Wealth Limited (acting as nominee).

12. Date of Completion

19-May-2025

13. Place Of Completion

Perth, Australia

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: Ecora Resources PLC

View the original press release on ACCESS Newswire

FAQ

What is South32's current ownership percentage in Ecora Resources (ECRAF)?

South32 Limited holds 17.52% of voting rights in Ecora Resources, representing 43,622,091 shares.

When did South32 increase its stake in ECRAF?

South32 crossed the threshold on May 14, 2025, increasing its stake from 16.92% to 17.52%.

Who is the legal owner of South32's shares in Ecora Resources?

Canaccord Genuity Wealth Limited acts as the nominee and legal owner of the shares.

Why did South32 transfer its ECRAF voting rights?

The transfer was part of an internal reorganization within the South32 group, moving voting rights to another entity within the company.