BlackRock, Inc. has filed a Schedule 13G reporting a passive ownership stake in Ramaco Resources, Inc. Class A stock. BlackRock reports beneficial ownership of 3,067,732 shares, representing 5.6% of the outstanding Class A shares. It has sole voting power over 3,009,215 shares and sole dispositive power over 3,067,732 shares, with no shared voting or dispositive power.
The filing explains that the position reflects securities beneficially owned by certain BlackRock business units and excludes other disaggregated units. It also notes that various underlying clients have the right to dividends and sale proceeds, but no single client holds more than five percent of Ramaco’s outstanding common stock. BlackRock certifies that the shares were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control of Ramaco.
BlackRock, Inc. has filed a Schedule 13G reporting a passive ownership stake in Ramaco Resources, Inc. Class A stock. BlackRock reports beneficial ownership of 3,067,732 shares, representing 5.6% of the outstanding Class A shares. It has sole voting power over 3,009,215 shares and sole dispositive power over 3,067,732 shares, with no shared voting or dispositive power.
The filing explains that the position reflects securities beneficially owned by certain BlackRock business units and excludes other disaggregated units. It also notes that various underlying clients have the right to dividends and sale proceeds, but no single client holds more than five percent of Ramaco’s outstanding common stock. BlackRock certifies that the shares were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control of Ramaco.