Trident Royalties PLC - Announces Holding(s) in Company - 2
Rhea-AI Summary
Trident Royalties PLC (TDTRF) announced a significant change in its major holdings. Ruffer LLP, a London-based entity, reported a decrease in its voting rights from 5.323212% to 3.731974%. This change occurred on August 9, 2024, due to the sale of 5,995,000 shares. The new total number of voting rights held by Ruffer LLP is 10,937,647. This notification was made in compliance with the standard form for notification of major holdings (TR-1) and was reported to the issuer on August 12, 2024. The change represents a significant reduction in Ruffer LLP's stake in Trident Royalties PLC, falling below the 5% threshold.
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News Market Reaction 1 Alert
On the day this news was published, TDTRF declined NaN%, reflecting a moderate negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
LONDON, UNITED KINGDOM / ACCESSWIRE / August 12, 2024 / TR-1: Standard form for notification of major holdings
1. Issuer Details
ISIN
GB00BF7J2535
Issuer Name
TRIDENT ROYALTIES 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
Ruffer LLP
City of registered office (if applicable)
London
Country of registered office (if applicable)
United Kingdom
4. Details of the shareholder
Full name of shareholder(s) if different from the person(s) subject to the notification obligation, above
City of registered office (if applicable)
Country of registered office (if applicable)
5. Date on which the threshold was crossed or reached
09-Aug-2024
6. Date on which Issuer notified
12-Aug-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 | 3.731974 | 0.000000 | 3.731974 | 10937647 |
Position of previous notification (if applicable) | 5.323212 | 0.000000 | 5.323212 |
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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) |
GB00BF7J2535 | 10937647 | 0 | 3.731974 | 0.000000 |
Sub Total 8.A | 10937647 | |||
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 |
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Sub Total 8.B2 |
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9. Information in relation to the person subject to the notification obligation
1. Person subject to the notification obligation is not controlled by any natural person or legal entity and does not control any other undertaking(s) holding directly or indirectly an interest in the (underlying) issuer.
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 |
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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
Ruffer LLP exercise the voting rights over 10,937,647 shares (
This change from over
12. Date of Completion
12-Aug-2024
13. Place Of Completion
Ruffer LLP
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: Trident Royalties PLC
View the original press release on accesswire.com
FAQ
What percentage of voting rights does Ruffer LLP now hold in Trident Royalties PLC (TDTRF)?
How many shares did Ruffer LLP sell in Trident Royalties PLC (TDTRF)?
When did Ruffer LLP's stake in Trident Royalties PLC (TDTRF) fall below 5%?
How many voting rights does Ruffer LLP currently hold in Trident Royalties PLC (TDTRF)?
