Horizonte Minerals PLC Announces Holding(s) in Company

Rhea-AI Summary

Horizonte Minerals has reported a notification regarding major holdings, with Canaccord Genuity Group Inc. crossing the 9.93% voting rights threshold as of April 15, 2021. The dilution of shares resulted from new shares being issued and admitted to AIM on the same date, leading to a decrease from their previous holding of 10.37%. The notification was officially sent to the issuer on April 16, 2021, confirming the updated shareholding percentage attributed to the new shares.

Positive

• None.

Negative

• Reduction in Canaccord Genuity's holdings from 10.37% to 9.93%, indicating a dilution effect due to new shares issued.

LONDON, UK / ACCESSWIRE / April 19, 2021 / Horizonte Minerals (LSE:HZM)(TSX:HZM)(OTC PINK:HZMMF) PLC 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 attachedii:			HORIZONTE MINERALS 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
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 obligationiv
Name			CANACCORD GENUITY GROUP INC
City and country of registered office (if applicable)			VANCOUVER, CANADA
4. Full name of shareholder(s) (if different from 3.)v
Name			DISCRETIONARY CLIENTS
City and country of registered office (if applicable)			As above
5. Date on which the threshold was crossed or reachedvi:			15 APRIL 2021
6. Date on which issuer notified (DD/MM/YYYY):			16 APRIL 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 of issuervii
Resulting situation on the date on which threshold was crossed or reached	9.9361			9.9361	1,700,155,740
Position of previous notification (if applicable)	10.3707			10.3707

8. Notified details of the resulting situation on the date on which the threshold was crossed or reachedviii
A: Voting rights attached to shares
Class/type of shares ISIN code (if possible)	Number of voting rightsix		% of voting rights
	Direct (Art 9 of Directive 2004/109/EC) (DTR5.1)	Indirect (Art 10 of Directive 2004/109/EC) (DTR5.2.1)	Direct (Art 9 of Directive 2004/109/EC) (DTR5.1)	Indirect (Art 10 of Directive 2004/109/EC) (DTR5.2.1)
GB00B11DNM70		168,930,000		9.9361

SUBTOTAL 8. A		168,930,000				9.9361
B 1: Financial Instruments according to Art. 13(1)(a) of Directive 2004/109/EC (DTR5.3.1.1 (a))
Type of financial instrument		Expiration datex	Exercise/ Conversion Periodxi		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 Art. 13(1)(b) of Directive 2004/109/EC (DTR5.3.1.1 (b))
Type of financial instrument	Expiration datex		Exercise/ Conversion Period xi	Physical or cash settlementxii			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) issuerxiii
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 entityxiv (please add additional rows as necessary)				X
Namexv	% 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
Canaccord Genuity Group Inc.	9.9361		9.9361
Canaccord Genuity Wealth Group Holdings Limited	9.9361		9.9361
Canaccord Genuity Wealth Group Holdings (Jersey) Limited	9.9361		9.9361
Canaccord Genuity Wealth Group Limited	9.9361		9.9361
Hargreave Hale Ltd	9.9361		9.9361
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 informationxvi
The change in the percentage of shares held is due entirely to the dilution effect of the new shares issued by Horizonte Minerals plc, which were admitted to AIM on 15/04/2021.

Place of completion	BLACKPOOL, ENGLAND
Date of completion	16 APRIL 2021

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

SOURCE: Horizonte Minerals PLC

View source version on accesswire.com:
https://www.accesswire.com/640980/Horizonte-Minerals-PLC-Announces-Holdings-in-Company

FAQ

What is the recent major holding notification for Horizonte Minerals (HZMMF)?

Canaccord Genuity Group Inc. has notified that it holds 9.93% of voting rights in Horizonte Minerals as of April 15, 2021.

When was the new share issuance for Horizonte Minerals reported?

The new shares were admitted to AIM and reported on April 15, 2021.

How did the new share issuance affect Canaccord Genuity's holdings in HZMMF?

Canaccord Genuity's holdings decreased from 10.37% to 9.93% due to the dilution from newly issued shares.