SolGold PLC Announces Holding(s) in Company

Rhea-AI Summary

On December 1, 2021, SolGold PLC announced a regulatory notification from BlackRock, Inc. regarding a significant change in its voting rights holdings. As of November 30, 2021, BlackRock's voting rights fell below 5%, compared to a previous position of 5.000000%. This shift indicates a decrease in BlackRock's influence over SolGold's decision-making processes. The notification is part of standard reporting requirements for changes in major holdings.

Positive

• BlackRock's holdings remain below the 5% threshold, indicating reduced influence.

Negative

• Decrease in voting rights from 5.000000% to below 5% suggests waning institutional interest.

BISHOPSGATE, LONDON / ACCESSWIRE / December 1, 2021 / SolGold PLC (TSX:SOLG)(LSE:SOLG)

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

3. Details of person subject to the notification obligation

Name

BlackRock, Inc.

City of registered office (if applicable)

Wilmington

Country of registered office (if applicable)

USA

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

30-Nov-2021

6. Date on which Issuer notified

01-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	Below 5%	Below 5%	Below 5%	Below 5%
Position of previous notification (if applicable)	4.610000	0.390000	5.000000

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		Below 5%		Below 5%
Sub Total 8.A	Below 5%		Below 5%

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
Securities Lending			Below 5%	Below 5%
Sub Total 8.B1			Below 5%	Below 5%

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
BlackRock, Inc. (Chain 1)	BlackRock Holdco 2, Inc.
BlackRock, Inc. (Chain 1)	BlackRock Financial Management, Inc.
BlackRock, Inc. (Chain 1)	BlackRock International Holdings, Inc.
BlackRock, Inc. (Chain 1)	BR Jersey International Holdings L.P.
BlackRock, Inc. (Chain 1)	BlackRock Holdco 3, LLC
BlackRock, Inc. (Chain 1)	BlackRock Cayman 1 LP
BlackRock, Inc. (Chain 1)	BlackRock Cayman West Bay Finco Limited
BlackRock, Inc. (Chain 1)	BlackRock Cayman West Bay IV Limited
BlackRock, Inc. (Chain 1)	BlackRock Group Limited
BlackRock, Inc. (Chain 1)	BlackRock Finance Europe Limited
BlackRock, Inc. (Chain 1)	BlackRock Investment Management (UK) Limited
BlackRock, Inc. (Chain 2)	BlackRock Holdco 2, Inc.
BlackRock, Inc. (Chain 2)	BlackRock Financial Management, Inc.
BlackRock, Inc. (Chain 2)	BlackRock Holdco 4, LLC
BlackRock, Inc. (Chain 2)	BlackRock Holdco 6, LLC
BlackRock, Inc. (Chain 2)	BlackRock Delaware Holdings Inc.
BlackRock, Inc. (Chain 2)	BlackRock Institutional Trust Company, National Association
BlackRock, Inc. (Chain 3)	BlackRock Holdco 2, Inc.
BlackRock, Inc. (Chain 3)	BlackRock Financial Management, Inc.
BlackRock, Inc. (Chain 3)	BlackRock Holdco 4, LLC
BlackRock, Inc. (Chain 3)	BlackRock Holdco 6, LLC
BlackRock, Inc. (Chain 3)	BlackRock Delaware Holdings Inc.
BlackRock, Inc. (Chain 3)	BlackRock Fund Advisors
BlackRock, Inc. (Chain 4)	BlackRock Holdco 2, Inc.
BlackRock, Inc. (Chain 4)	BlackRock Financial Management, Inc.
BlackRock, Inc. (Chain 5)	BlackRock Holdco 2, Inc.
BlackRock, Inc. (Chain 5)	BlackRock Financial Management, Inc.
BlackRock, Inc. (Chain 5)	BlackRock Capital Holdings, Inc.
BlackRock, Inc. (Chain 5)	BlackRock Advisors, LLC
BlackRock, Inc. (Chain 6)	BlackRock Holdco 2, Inc.
BlackRock, Inc. (Chain 6)	BlackRock Financial Management, Inc.
BlackRock, Inc. (Chain 6)	BlackRock International Holdings, Inc.
BlackRock, Inc. (Chain 6)	BR Jersey International Holdings L.P.
BlackRock, Inc. (Chain 6)	BlackRock Holdco 3, LLC
BlackRock, Inc. (Chain 6)	BlackRock Cayman 1 LP
BlackRock, Inc. (Chain 6)	BlackRock Cayman West Bay Finco Limited
BlackRock, Inc. (Chain 6)	BlackRock Cayman West Bay IV Limited
BlackRock, Inc. (Chain 6)	BlackRock Group Limited
BlackRock, Inc. (Chain 6)	BlackRock Finance Europe Limited
BlackRock, Inc. (Chain 6)	BlackRock Advisors (UK) Limited

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

BlackRock Regulatory Threshold Reporting Team
Jana Blumenstein
020 7743 3650

12. Date of Completion

01^st December 2021

13. Place Of Completion

12 Throgmorton Avenue, London, EC2N 2DL, U.K

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/675590/SolGold-PLC-Announces-Holdings-in-Company

FAQ

What does BlackRock's recent notification regarding SolGold PLC signify?

It indicates that BlackRock's voting rights in SolGold PLC have fallen below 5%, suggesting a reduction in influence.

When did BlackRock's voting rights in SolGold PLC drop below 5%?

The threshold was crossed on November 30, 2021.

What was BlackRock's previous voting rights percentage in SolGold PLC?

BlackRock's previous position was 5.000000%.

What is the significance of the notification by BlackRock on December 1, 2021?

The notification is a regulatory requirement indicating a change in major holdings.

How often do major shareholders like BlackRock need to report changes in holdings?

Major shareholders must report significant changes in their holdings as per regulatory requirements.