Trident Royalties PLC Announces Holding(s) in Company
Trident Royalties PLC has announced a change in major holdings. Bank of America has reported a significant reduction in its voting rights in the company. As of August 29, 2024, Bank of America's total position decreased to 0.470862% of voting rights, down from a previous 6.390862%. This change primarily resulted from a disposal of voting rights attached to shares, with the current position now consisting entirely of financial instruments (swaps) expiring on July 31, 2026. The notification was made on August 30, 2024, in compliance with UK regulatory requirements for major shareholding disclosures.
Trident Royalties PLC ha annunciato un cambiamento nei principali assetti azionari. Bank of America ha segnalato una significativa riduzione dei suoi diritti di voto nella società. A partire dal 29 agosto 2024, la posizione totale di Bank of America è scesa a 0,470862% dei diritti di voto, rispetto al precedente 6,390862%. Questo cambiamento è stato principalmente causato da una dismissione dei diritti di voto associati alle azioni, con la posizione attuale che consiste ora interamente in strumenti finanziari (swap) che scadono il 31 luglio 2026. La comunicazione è stata fatta il 30 agosto 2024, in conformità ai requisiti normativi del Regno Unito per le dichiarazioni sui principali partecipazioni azionarie.
Trident Royalties PLC ha anunciado un cambio en las principales participaciones. Bank of America ha informado sobre una reducción significativa en sus derechos de voto en la empresa. A partir del 29 de agosto de 2024, la posición total de Bank of America ha disminuido a 0.470862% de los derechos de voto, bajando de un 6.390862% anterior. Este cambio se debe principalmente a la venta de derechos de voto asociados a acciones, siendo la posición actual completamente consistentes en instrumentos financieros (swaps) que vencen el 31 de julio de 2026. La notificación se realizó el 30 de agosto de 2024, cumpliendo con los requisitos regulatorios del Reino Unido para la divulgación de participaciones significativas.
Trident Royalties PLC는 주요 보유 지분 변동을 발표했습니다. Bank of America는 회사의 투표권이 크게 감소했음을 보고했습니다. 2024년 8월 29일 기준, Bank of America의 전체 지분은 0.470862%의 투표권으로 감소했으며, 이전의 6.390862%에서 하락했습니다. 이 변화는 주식에 부착된 투표권의 처분으로 인해 주로 발생했으며, 현재의 지분 구성은 2026년 7월 31일 만료되는 재무 파생상품(스왑)으로만 이루어져 있습니다. 이 통지는 2024년 8월 30일에 영국 규제 내 주요 주식 보유 공시에 따라 이루어졌습니다.
Trident Royalties PLC a annoncé un changement dans les principales participations. Bank of America a signalé une réduction significative de ses droits de vote dans l'entreprise. À partir du 29 août 2024, la position totale de Bank of America a diminué à 0,470862% des droits de vote, contre 6,390862% précédemment. Ce changement est principalement le résultat d'une cession de droits de vote attachés à des actions, avec la position actuelle maintenant entièrement constituée d'instruments financiers (swaps) arrivant à échéance le 31 juillet 2026. La notification a été faite le 30 août 2024, conformément aux exigences réglementaires du Royaume-Uni en matière de divulgation des participations majeures.
Trident Royalties PLC hat eine Änderung der Hauptbeteiligungen bekannt gegeben. Bank of America hat einen erheblichen Rückgang seiner Stimmrechte im Unternehmen gemeldet. Stand 29. August 2024 ist die Gesamtposition von Bank of America auf 0,470862% der Stimmrechte gesunken, nach zuvor 6,390862%. Diese Änderung resultierte hauptsächlich aus der Veräußerung von Stimmrechten, die an Aktien gebunden waren, wobei die aktuelle Position nun ausschließlich aus Finanzinstrumenten (Swaps) besteht, die am 31. Juli 2026 auslaufen. Die Mitteilung erfolgte am 30. August 2024 in Übereinstimmung mit den regulatorischen Anforderungen des Vereinigten Königreichs für Meldungen über bedeutende Beteiligungen.
- None.
- Bank of America significantly reduced its stake in Trident Royalties PLC
- Total voting rights held by Bank of America decreased from 6.390862% to 0.470862%
LONDON, UK / ACCESSWIRE / August 30, 2024 / Trident Royalties PLC
TR-1: Standard form for notification of major holdings
1. Issuer Details
ISIN
GB00BF7J2535
Issuer Name
TRIDENT ROYALTIES PLC
UK or Non-UK Issuer
UK
2. Reason for Notification
An acquisition or disposal of voting rights
3. Details of person subject to the notification obligation
Name
Bank of America Corporation
City of registered office (if applicable)
Country of registered office (if applicable)
US
4. Details of the shareholder
Full name of shareholder(s) if different from the person(s) subject to the notification obligation, above
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City of registered office (if applicable)
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Country of registered office (if applicable)
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5. Date on which the threshold was crossed or reached
29-Aug-2024
6. Date on which Issuer notified
30-Aug-2024
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 | 0.000000 | 0.470862 | 0.470862 | 1380000 |
Position of previous notification (if applicable) | 5.917270 | 0.473592 | 6.390862 |
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8. Notified details of the resulting situation on the date on which the threshold was crossed or reached
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 |
Swaps | 31/07/2026 | n/a | Cash | 1380000 | 0.470862 |
Sub Total 8.B2 |
| 1380000 | |||
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 |
Bank of America Corporation | Bank of America, National Association |
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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
30-Aug-2024
13. Place Of Completion
United Kingdom
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SOURCE: Trident Royalties PLC
View the original press release on accesswire.com
FAQ
What is the new stake of Bank of America in Trident Royalties PLC (LNSTY) as of August 29, 2024?
How much did Bank of America's stake in Trident Royalties PLC (LNSTY) decrease?
When does the financial instrument (swaps) held by Bank of America in Trident Royalties PLC (LNSTY) expire?
When was the threshold crossed or reached in Trident Royalties PLC (LNSTY) shareholding?
