Atlantic Lithium Limited Announces TR1 - Notification of Major Holdings
Atlantic Lithium Limited has announced a significant change in voting rights following a threshold notification. On December 20, 2021, DGR Global Limited crossed the reporting threshold, now holding 10.78% of voting rights, equivalent to 61,851,851 shares. This marks a decrease from the previous holding of 12.81% of voting rights, which represented 73,022,667 shares. This notification highlights important shifts in stock ownership that could impact shareholder dynamics and corporate governance.
- DGR Global Limited now holds 10.78% of voting rights in Atlantic Lithium Limited.
- The current holdings indicate an active engagement and interest in the company's governance.
- DGR Global Limited's voting rights decreased from 12.81% to 10.78%, reflecting a reduction in influence.
SYDNEY, AUSTRALIA / ACCESSWIRE / December 21, 2021 / Atlantic Lithium Limited (LSE:ALL)(OTC PINK:ALLIF)
TR-1: Standard form for notification of major holdings
1. Issuer Details
ISIN
AU0000XINEX3
Issuer Name
Atlantic Lithium Limited
UK or Non-UK Issuer
Non-UK
2. Reason for Notification
An acquisition or disposal of voting rights
3. Details of person subject to the notification obligation
Name
DGR Global Limited
City of registered office (if applicable)
Brisbane
Country of registered office (if applicable)
Australia
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
20-Dec-2021
6. Date on which Issuer notified
21-Dec-2021
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 | 10.78 | 10.78 | 61,851,851 | |
Position of previous notification (if applicable) | 12.81 | 12.81 | 73,022,667 |
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) |
AU0000XINEX3 | 61,851,851 | 10.78 | ||
Sub Total 8.A | 61,851,851 | |||
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 |
Sub Total 8.B2 | |||||
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 |
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
21 December 2021
13. Place Of Completion
Brisbane, QLD, Australia
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SOURCE: Atlantic Lithium Limited
View source version on accesswire.com:
https://www.accesswire.com/678825/Atlantic-Lithium-Limited-Announces-TR1--Notification-of-Major-Holdings
FAQ
What is the current voting rights percentage held by DGR Global Limited in Atlantic Lithium Limited as of December 2021?
What was DGR Global Limited's voting rights percentage prior to the December 2021 notification?
How many shares does DGR Global Limited currently hold in Atlantic Lithium Limited?
When was the notification of major holdings for Atlantic Lithium Limited issued?
