SolGold PLC Announces Holding(s) in Company

Rhea-AI Summary

On June 20, 2022, SolGold PLC announced that BlackRock, Inc. crossed a significant threshold in its voting rights in the company. As of June 17, 2022, BlackRock holds a total of 5.31% of voting rights, comprising 4.87% from direct shares and 0.44% from financial instruments. This marks an increase from its previous holding of below 5%. The announcement highlights BlackRock's ongoing investment in SolGold, potentially indicating confidence in the company's future development.

Positive

• BlackRock now holds 5.31% of voting rights, indicating increased confidence in SolGold.
• Increase from previous holdings below 5% reflects a growing interest in the company.

Negative

• None.

BISHOPSGATE, LONDON / ACCESSWIRE / June 20, 2022 / SolGold PLC (LSE:SOLG)(TSX: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

17-Jun-2022

6. Date on which Issuer notified

20-Jun-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	4.870000	0.440000	5.310000	122008351
Position of previous notification (if applicable)	Below 5%	Below 5%	Below 5%

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		111788124		4.870000
Sub Total 8.A	111788124		4.870000%

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			10220227	0.440000
Sub Total 8.B1			10220227	0.440000%

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

20^th June 2022

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/705793/SolGold-PLC-Announces-Holdings-in-Company

FAQ

What percentage of voting rights does BlackRock hold in SolGold as of June 2022?

BlackRock holds 5.31% of voting rights in SolGold as of June 20, 2022.

When did BlackRock cross the 5% threshold in SolGold?

BlackRock crossed the 5% threshold on June 17, 2022.

What components make up BlackRock's holdings in SolGold?

BlackRock's holdings include 4.87% from direct shares and 0.44% from financial instruments.

What was BlackRock's previous holding percentage in SolGold before June 2022?

BlackRock's previous holding was below 5% before June 2022.

What is the significance of BlackRock's increased holdings in SolGold?

BlackRock's increased holdings may signify greater investor confidence in SolGold's prospects.