STOCK TITAN

UCAM Limited cuts Guardian Metal (GMTL) voting stake to 21.99%

(Neutral)
(Neutral)
Form Type
6-K

Rhea-AI Filing Summary

Guardian Metal Resources PLC reports a change in a major shareholding. UCAM Limited, a significant investor, has notified that on 26 June 2026 its position fell below a prior threshold. UCAM now holds 21.99% of Guardian Metal’s voting rights, corresponding to 42,841,325 voting rights in the company’s ordinary shares (ISIN GB00BPQY8R36). This is down from a previously reported level of 24.34%, indicating a modest reduction in its ownership while remaining a major shareholder. The notification was completed in London and the company furnished it to investors via this Form 6-K.

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Insights

Large shareholder trims stake but remains a major holder.

UCAM Limited reduced its voting interest in Guardian Metal Resources PLC from 24.34% to 21.99%, equal to 42,841,325 voting rights. The change reflects a disposal of voting rights but leaves UCAM with a substantial share of influence.

This kind of movement is structurally important because holders above 20% can still exert meaningful voting power. However, the percentage change is relatively small, and no financial instruments or complex derivatives are involved, which keeps the situation straightforward.

The form characterizes the event as both an acquisition or disposal of voting rights and an event changing the breakdown of voting rights. Future ownership updates would continue to appear through similar notifications and periodic company disclosures.

Current voting stake 21.99% UCAM Limited’s voting rights in Guardian Metal after threshold event
Previous voting stake 24.34% UCAM Limited’s prior notified position in Guardian Metal
Voting rights held 42,841,325 voting rights Number of Guardian Metal voting rights held by UCAM Limited
Threshold date 26/06/2026 Date on which the notifiable holding threshold was crossed or reached
Notification date 29/06/2026 Date Guardian Metal Resources PLC was notified by UCAM Limited
TR-1 regulatory
"TR-1: Standard form for notification of major holdings"
A TR-1 is a financial form used by investors to report significant ownership stakes in a company, typically when they acquire or dispose of a large number of shares. It helps keep the market informed about major shareholders and potential changes in control, allowing other investors to make better-informed decisions. This transparency encourages fair trading and reduces surprises related to ownership shifts.
notification of major holdings regulatory
"NOTIFICATION OF MAJOR HOLDINGS (to be sent to the relevant issuer"
A notification of major holdings is a regulatory report that discloses when an investor or institution acquires a large stake in a listed company. It tells the market who owns a meaningful piece of the company and can signal confidence, influence over decisions, or possible strategic moves; think of it like a public record showing when a new large homeowner buys into a neighborhood, which can change property dynamics and expectations. Investors use these notices to assess ownership shifts and potential impacts on share value and governance.
voting rights financial
"Total number of voting rights held in issuer (8.A + 8.B)"
Voting rights are the ability of shareholders to have a say in important company decisions, like choosing leaders or approving big changes. They matter because they give owners a voice in how the company is run, similar to how voters influence elections, ensuring the company acts in shareholders’ interests.
financial instruments financial
"An acquisition or disposal of financial instruments"
Financial instruments are assets or contracts that hold monetary value and can be bought, sold, or traded. They serve as tools for investors to grow, protect, or transfer money, much like how a ticket or voucher can be used to access goods or services. These instruments help individuals and organizations manage financial goals and risks across different markets and economic conditions.
non-UK issuer regulatory
"Please indicate if the issuer is a non-UK issuer"
A non-UK issuer is a company or other entity that issues securities but is based, incorporated, or primarily regulated outside the United Kingdom. For investors, this matters because such issuers often follow different reporting rules, legal protections and market practices than UK-based issuers, so buying their securities can be like shopping in a different country: you may face different information, oversight, tax treatment and claim rights if things go wrong.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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FAQ

What major shareholding change did Guardian Metal Resources PLC (GMTL) disclose?

Guardian Metal Resources PLC disclosed that UCAM Limited reduced its voting stake. UCAM now holds 21.99% of voting rights, equal to 42,841,325 voting rights, down from a previously reported 24.34%, but it remains a major shareholder in the company.

Who is the major shareholder involved in Guardian Metal Resources PLC’s 6-K filing?

The major shareholder is UCAM Limited, based in London, United Kingdom. It notified Guardian Metal Resources PLC that its holding in the company’s voting rights changed, now standing at 21.99%, corresponding to 42,841,325 voting rights in Guardian Metal’s ordinary shares.

How large is UCAM Limited’s current stake in Guardian Metal Resources PLC (GMTL)?

UCAM Limited’s current stake represents 21.99% of Guardian Metal’s voting rights. This equals 42,841,325 voting rights attached to the company’s ordinary shares, according to the TR-1 notification included as Exhibit 99.1 to the Form 6-K filing.

How did UCAM Limited’s Guardian Metal Resources PLC holding change from the previous notification?

UCAM Limited’s holding decreased from 24.34% of voting rights to 21.99%. The TR-1 form compares the resulting situation with the prior notification, showing a modest reduction while confirming UCAM still holds more than one-fifth of Guardian Metal’s voting power.

When was the Guardian Metal Resources PLC voting threshold crossed by UCAM Limited?

The relevant threshold was crossed or reached on 26 June 2026. Guardian Metal Resources PLC was notified on 29 June 2026, and this timing is reflected in the TR-1 standard notification of major holdings attached to the company’s Form 6-K report.

Does UCAM Limited hold any financial instruments over Guardian Metal Resources PLC shares?

According to the TR-1 disclosure, UCAM Limited reports 0% of voting rights through financial instruments. All 21.99% of its interest, equal to 42,841,325 voting rights, is attached directly to Guardian Metal Resources PLC shares rather than derivatives or similar instruments.
 
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
 
FORM 6-K
 
REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13A-16 OR 15D-16 OF THE SECURITIES EXCHANGE ACT OF 1934
 
 
29 June, 2026
Commission File Number 001-43199
 
 
Guardian Metal Resources PLC
c/o Orana Corporate LLP
25 Eccleston Place
London SW1W 9NF
United Kingdom
(Address of principal executive offices)
 
 
Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.
 
Form 20-F
Form 40-F
 
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): ___
 
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): ____
 
 
 
 
Guardian Metal Resources PLC
 
On 29 June, 2026, Guardian Metal Resources PLC issued a press release titled Holding(s) in Company
 
A copy of the press release is attached hereto as Exhibit 99.1.
 
  
SIGNATURE
 
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on behalf by the undersigned, thereunto duly authorized.
 
 
Guardian Metal Resources PLC
(Registrant)
 
 
 
 
Date: 29 June, 2026
 
By: /s/ Oliver Friesen
 
 
 
Name: Oliver Friesen
 
 
 
Title: Chief Executive Officer
 

 
Exhibit Index
 
Exhibit
Description of Exhibit
 
99.1
Holding(s) in Company dated 29 June, 2026
 
 
 
TR-1: Standard form for notification of major holdings
 
NOTIFICATION OF MAJOR HOLDINGS (to be sent to the relevant issuer and to the FCA in Microsoft Word format if possible) i
 
 
1a. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached ii: 
 
GUARDIAN METAL RESOURCES PLC
 
1b. Please indicate if the issuer is a non-UK issuer (please mark with an “X” if appropriate)
 
Non-UK issuer
 
 
2. Reason for the notification (please mark the appropriate box or boxes with an “X”)
 
An acquisition or disposal of voting rights
 
X
An acquisition or disposal of financial instruments
 
 
An event changing the breakdown of voting rights
 
                   X
Other (please specify) iii:
 
 
3. Details of person subject to the notification obligation iv
 
Name
 
UCAM Limited
 
City and country of registered office (if applicable)
 
London, United Kingdom
 
4. Full name of shareholder(s) (if different from 3.) v
 
Name
 
 
City and country of registered office (if applicable)
 
 
5. Date on which the threshold was crossed or reached vi:
 
26/06/2026
 
6. Date on which issuer notified (DD/MM/YYYY):
 
29/06/2026
 
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 (8.A + 8.B) vii
 
Resulting situation on the date on which threshold was crossed or reached
21.99%
 
0
 
21.99%
 
21.99%
 
Position of previous notification (if
applicable)
24.34%
 
0
 
24.34%
 
 
 
 
8. Notified details of the resulting situation on the date on which the threshold was crossed or reached viii
 
A: Voting rights attached to shares
 
Class/type ofshares
ISIN code (if possible)
Number of voting rights ix
 
% of voting rights
 
Direct
(DTR5.1)
Indirect
 (DTR5.2.1)
Direct
(DTR5.1)
Indirect
(DTR5.2.1)
GB00BPQY8R36
 
42,841,325
 
 
21.99%
 
 
 
 
 
 
 
 
 
 
 
 
 
 
SUBTOTAL 8. A
 
42,841,325
 
                                   21.99%
 
 
 
B 1: Financial Instruments according to DTR5.3.1R (1) (a)
 
Type of financial instrument
 
 
Expirationdate x
 
 
Exercise/ Conversion Period xi
 
 
Number of voting rights that may be acquired if the instrument is
exercised/converted.
 
% of voting rights
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
SUBTOTAL 8. B 1
 
 
 
 
 
B 2: Financial Instruments with similar economic effect according to DTR5.3.1R (1) (b)
 
Type of financial instrument
 
 
Expirationdate x
 
 
Exercise/ Conversion Period xi
 
 
Physical or cash Settlement xii
 
 
Number of voting rights
 
 
% of voting rights
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
SUBTOTAL 8.B.2
 
 
 
 
 
9. Information in relation to the person subject to the notification obligation (please mark the applicable box with an “X”)
 
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 xiii
 
X
Full chain of controlled undertakings through which the voting rights and/or thefinancial instruments are effectively held starting with the ultimate controlling natural person or legal entity (please add additional rows as necessary) xiv
 
 
Name xv
 
 
% 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
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
10. In case of proxy voting, please identify:
 
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 xvi
 
 
 
 
 
Place of completion
 
London, United Kingdom
 
Date of completion
 
29/06/2026