Pantheon Resources PLC Announces TR-1: Notification of Major Holdings
Rhea-AI Summary
Pantheon Resources (OTC:PTHRF) received a TR-1 major holdings notification showing that Michael Spencer holds a 7.59% total stake in the company as of the threshold date 11-Sep-2025. The total number of voting rights reported is 101,507,759.
Breakdown: direct voting rights equal 5.91% (78,993,558 votes) and financial instruments (CFDs) account for 1.68% (22,514,201 votes). The previous notified total was 8.19%; the issuer was notified on 22-Dec-2025 and the notice completed on 23-Dec-2025.
Positive
- Resulting stake of 7.59% of voting rights
- Total voting rights reported: 101,507,759
- Direct voting rights at 5.91% (78,993,558 votes)
Negative
- Total stake declined from 8.19% to 7.59%
- Issuer notified on 22-Dec-2025, >3 months after crossing date
News Market Reaction
On the day this news was published, PTHRF gained 1.68%, reflecting a mild positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
LONDON, UK / ACCESS Newswire / December 24, 2025 / TR-1: Standard form for notification of major holdings
1. Issuer Details
ISIN
GB00B125SX82
Issuer Name
PANTHEON RESOURCES PLC
UK or Non-UK Issuer
UK
2. Reason for Notification
An event changing the breakdown of voting rights
3. Details of person subject to the notification obligation
Name
Michael Spencer
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 |
MICHAEL SPENCER | LONDON | United Kingdom |
IPGL LTD | London | United Kingdom |
5. Date on which the threshold was crossed or reached
11-Sep-2025
6. Date on which Issuer notified
22-Dec-2025
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 | 5.910000 | 1.680000 | 7.590000 | 101507759 |
Position of previous notification (if applicable) | 6.370000 | 1.820000 | 8.190000 |
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) |
GB00B125SX82 | 10957230 | 68036328 | 0.820000 | 5.090000 |
Sub Total 8.A | 78993558 | |||
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 |
CFD | N/A | Cash | 22514201 | 1.680000 | |
Sub Total 8.B2 | 22514201 | ||||
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 |
Michael Spencer | Michael Spencer | 5.910000 | 1.680000 | |
Michael Spencer | IPGL (Holdings) Ltd | 5.090000 | 0.080000 | |
Michael Spencer | IPGL Ltd | 5.090000 | 0.080000 |
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
12. Date of Completion
23-Dec-2025
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: Pantheon Resources PLC
View the original press release on ACCESS Newswire
FAQ
What stake did Michael Spencer report in Pantheon Resources (PTHRF) on 11-Sep-2025?
How many voting rights does Michael Spencer hold in Pantheon Resources (PTHRF)?
What portion of Michael Spencer's Pantheon stake is held through CFDs for PTHRF?
When did Pantheon Resources receive notification of Michael Spencer's stake (PTHRF)?
Did Michael Spencer's Pantheon (PTHRF) holding increase or decrease versus the prior notification?
