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SolGold PLC Announces Holding(s) in Company

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SolGold PLC has reported a change in major holdings as Norges Bank acquired voting rights on February 25, 2022. This acquisition includes 3.067% of voting rights attached to shares and 0.158% from financial instruments, totaling 3.224%. As of now, Norges Bank holds 73,948,696 voting rights in SolGold. This notification is part of transparency requirements, reflecting significant stakeholder engagement in the company.

Positive
  • Norges Bank increased its stake, owning 3.224% of voting rights.
  • Total voting rights held by Norges Bank is 73,948,696.
Negative
  • None.

BISHOPSGATE, LONDON / ACCESSWIRE / March 1, 2022 / TR-1: Standard form for notification of major holdings

1. Issuer Details

ISIN
GB00B0WD0R35

Issuer Name
SOLGOLD PLC

UK or Non-UK Issuer
UK

2. Reason for Notification

An acquisition or disposal of voting rights; An acquisition or disposal of financial instruments

3. Details of person subject to the notification obligation

Name
Norges Bank

City of registered office (if applicable)
Oslo

Country of registered office (if applicable)
Norway

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

25-Feb-2022

6. Date on which Issuer notified

01-Mar-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

3.066270

0.157560

3.223830

73948696

Position of previous notification (if applicable)





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)

GB00B0WD0R35

70334591


3.066270


Sub Total 8.A

70334591

3.066270%

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

Shares on loan (right to recall)

N/A


3614105

0.157560

Sub Total 8.B1


3614105

0.157560%

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

01-Mar-2022

13. Place Of Completion

Oslo, Norway

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: SolGold PLC



View source version on accesswire.com:
https://www.accesswire.com/690895/SolGold-PLC-Announces-Holdings-in-Company

FAQ

What was the date of the recent major holdings notification for SLGGF?

The recent major holdings notification for SLGGF was completed on March 1, 2022.

Who acquired voting rights in SolGold PLC on February 25, 2022?

Norges Bank acquired voting rights in SolGold PLC on February 25, 2022.

What percentage of voting rights does Norges Bank hold in SLGGF?

Norges Bank holds a total of 3.224% of voting rights in SLGGF.

How many total voting rights does Norges Bank hold in SolGold PLC?

Norges Bank holds a total of 73,948,696 voting rights in SolGold PLC.

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