Centamin PLC Announces Notification of Major Holdings
Centamin PLC has reported a notification of major holdings as of August 30, 2022. Van Eck Associates Corporation acquired a 9.97% stake, equivalent to 115,335,920 voting rights in the company. This acquisition was part of their investment strategy involving various ETFs related to gold mining and natural resources. The notification was officially communicated to the issuer on August 31, 2022. The previous stake was 10.08%, indicating a slight reduction in their holdings. The notification is crucial for investors tracking changes in significant shareholder positions.
- Van Eck Associates Corporation now holds a 9.97% stake in Centamin PLC, signaling strong investment interest.
- The acquisition of shares by a reputable financial institution may enhance investor confidence.
- The percentage of voting rights held has decreased from 10.08% to 9.97%, indicating a reduction in influence.
PERTH, AUSTRALIA / ACCESSWIRE / September 1, 2022 / TR-1: Standard form for notification of major holdings
1. Issuer Details
ISIN
| JE00B5TT1872 |
Issuer Name
| CENTAMIN PLC |
UK or Non-UK Issuer
| Non-UK |
2. Reason for Notification
| An acquisition or disposal of financial instruments |
3. Details of person subject to the notification obligation
Name
| Van Eck Associates Corporation |
City of registered office (if applicable)
| New York |
Country of registered office (if applicable)
| United States |
4. Details of the shareholder
| Name | City of registered office | Country of registered office |
VanEck Gold Miners ETF (AU) | ||
VanEck Junior Gold Miners UCITS ETF | ||
VanEck Gold Miners UCITS ETF | ||
VanEck Global Mining UCITS ETF | ||
VanEck Natural Resources ETF | ||
VanEck Junior Gold Miners ETF | ||
VanEck Gold Miners ETF | ||
VanEck Egypt ETF | ||
VanEck Africa ETF |
5. Date on which the threshold was crossed or reached
| 30-Aug-2022 |
6. Date on which Issuer notified
| 31-Aug-2022 |
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 | 9.970000 | 0.000000 | 9.970000 | 115335920 |
Position of previous notification (if applicable) | 10.080000 | 0.000000 | 10.080000 |
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) |
JE00B5TT1872 | 115335920 | 9.970000 | ||
| Sub Total 8.A | 115335920 | |||
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
| 2. Full chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held starting with the ultimate controlling natural person or legal entities (please add additional rows as necessary) |
| 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 |
Van Eck Associates Corporation | VanEck Africa ETF | 0.049000 | ||
Van Eck Associates Corporation | VanEck Egypt ETF | 0.057000 | ||
Van Eck Associates Corporation | VanEck Gold Miners ETF | 5.413000 | ||
Van Eck Associates Corporation | VanEck Junior Gold Miners ETF | 3.566000 | ||
Van Eck Associates Corporation | VanEck Natural Resources ETF | 0.003000 | ||
Van Eck Associates Corporation | VanEck Global Mining UCITS ETF | 0.030000 | ||
Van Eck Associates Corporation | VanEck Gold Miners UCITS ETF | 0.352000 | ||
Van Eck Associates Corporation | VanEck Junior Gold Miners UCITS ETF | 0.362000 | ||
Van Eck Associates Corporation | VanEck Gold Miners ETF (AU) | 0.141000 |
10. In case of proxy voting
Name of the proxy holder
| Glass Lewis |
The number and % of voting rights held
| 115,335,920 shares and |
The date until which the voting rights will be held
| Open |
11. Additional Information
12. Date of Completion
| 31, August, 2022 |
13. Place Of Completion
| Tampa, FL USA |
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SOURCE: Centamin PLC
View source version on accesswire.com:
https://www.accesswire.com/714338/Centamin-PLC-Announces-Notification-of-Major-Holdings
FAQ
What was the recent major holding notification for Centamin PLC?
What does the acquisition by Van Eck Associates Corporation mean for CELTF?
When did Van Eck Associates Corporation cross the 9.97% ownership threshold in Centamin PLC?
What was the previous stake held by Van Eck Associates in Centamin PLC?
