Helikon reports 10.68% in New Pacific Metals
NEW PACIFIC METALS CORP (NEWP) received an amended Schedule 13G filing reporting that Helikon Investments Limited and Federico Riggio beneficially own 19,779,255 common shares, representing 10.68% of the company’s 185,207,024 shares outstanding.
Rhea-AI Filing Summary
NEW PACIFIC METALS CORP (NEWP) received an amended Schedule 13G filing reporting that Helikon Investments Limited and Federico Riggio beneficially own 19,779,255 common shares, representing 10.68% of the company’s 185,207,024 shares outstanding. The shares are held by Helikon Long Short Equity Fund Master ICAV and are subject to shared voting and dispositive power, with no sole voting or dispositive authority reported.
Positive
- None.
Negative
- None.
Key Figures
Beneficial ownership: 19,779,255 shares
Ownership percentage: 10.68%
Shares outstanding: 185,207,024 shares
+4 more
7 metrics
Beneficial ownership
19,779,255 shares
Common Shares of NEW PACIFIC METALS CORP beneficially owned by the Reporting Persons
Ownership percentage
10.68%
Percent of NEW PACIFIC METALS CORP common shares class owned by the Reporting Persons
Shares outstanding
185,207,024 shares
Aggregate NEW PACIFIC METALS CORP shares outstanding used to calculate ownership percentage
Sole voting power
0 shares
Shares over which the Reporting Persons have sole power to vote
Shared voting power
19,779,255 shares
Shares over which the Reporting Persons have shared power to vote
Sole dispositive power
0 shares
Shares over which the Reporting Persons have sole power to dispose
Shared dispositive power
19,779,255 shares
Shares over which the Reporting Persons have shared power to dispose
Key Terms
beneficially owned, shared voting power, shared dispositive power, investment manager, +1 more
5 terms
beneficially owned financial
"Amount beneficially owned: The information required by Item 4(a)..."
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
investment manager financial
"Helikon UK is an investment manager, authorized and regulated..."
Schedule 13G regulatory
"JOINT FILING STATEMENT PURSUANT TO RULE 13d-1(k)...statement on , is filed"
A Schedule 13G is a formal document that investors file with the government when they acquire a large ownership stake in a company, usually for investment purposes rather than control. It helps keep the public informed about who owns significant parts of a company's shares, which can influence how the company is managed and how investors make decisions. Filing this schedule is important for transparency and understanding the ownership landscape of publicly traded companies.
FAQ
What percentage of NEWP does Helikon Investments Limited report owning in this Schedule 13G/A?
Helikon Investments Limited and Federico Riggio report beneficial ownership of 10.68% of NEW PACIFIC METALS CORP’s common shares, through Helikon Long Short Equity Fund Master ICAV, according to the amended Schedule 13G filing.
Who signed the amended Schedule 13G/A for NEWP on behalf of Helikon?
The filing was signed by Paul McLernon, Director of Helikon Investments Limited, and by Federico Riggio, each acknowledging the joint filing arrangement under Rule 13d-1(k).
What type of filer is Helikon Investments Limited in relation to NEWP?
Helikon Investments Limited is described as an investment manager authorized and regulated by the UK Financial Conduct Authority, comparable to investment advisers covered by Item 3(e) of Schedule 13G.
AI-generated analysis. How Rhea-AI works. Not financial advice.