SolGold PLC Announces Holdings in Company

Rhea-AI Summary

On May 20, 2021, SolGold PLC notified that BlackRock, Inc. has crossed the 5% threshold for voting rights in the company. As of May 19, 2021, BlackRock holds 5% of the voting rights, comprising 112,810,671 direct voting rights and an additional 19,070,560 through financial instruments. This marks an increase from their previous holding of below 5%. The update comes as part of regulatory requirements for major shareholders.

Positive

• BlackRock now holds 5% of voting rights, indicating increased investor confidence.
• The increase in holdings reflects a potential positive outlook on SolGold's performance.

Negative

• None

TR-1: Standard form for notification of major holdings

BISHOPSGATE, LONDON / ACCESSWIRE / May 20, 2021 / SolGold PLC (LSE:SOLG)(TSX:SOLG)(OTC PINK:SLGGF):

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

19-May-2021

6. Date on which Issuer notified

20-May-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	4.920000	0.080000	5.000000	114717727
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		112810671		4.920000
Sub Total 8.A	112810671		4.920000%

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			1907056	0.080000
Sub Total 8.B1			1907056	0.080000%

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.
	BlackRock Holdco 2, Inc.
	BlackRock Financial Management, Inc.
	BlackRock International Holdings, Inc.
	BR Jersey International Holdings L.P.
	BlackRock Holdco 3, LLC
	BlackRock Cayman 1 LP
	BlackRock Cayman West Bay Finco Limited
	BlackRock Cayman West Bay IV Limited
	BlackRock Group Limited
	BlackRock Finance Europe Limited
	BlackRock Investment Management (UK) Limited
	BlackRock, Inc.
	BlackRock Holdco 2, Inc.
	BlackRock Financial Management, Inc.
	BlackRock Holdco 4, LLC
	BlackRock Holdco 6, LLC
	BlackRock Delaware Holdings Inc.
	BlackRock Institutional Trust Company, National Association
	BlackRock, Inc.
	BlackRock Holdco 2, Inc.
	BlackRock Financial Management, Inc.
	BlackRock Holdco 4, LLC
	BlackRock Holdco 6, LLC
	BlackRock Delaware Holdings Inc.
	BlackRock Fund Advisors
	BlackRock, Inc.
	BlackRock Holdco 2, Inc.
	BlackRock Financial Management, Inc.
	BlackRock Capital Holdings, Inc.
	BlackRock Advisors, LLC
	BlackRock, Inc.
	BlackRock Holdco 2, Inc.
	BlackRock Financial Management, Inc.
	BlackRock International Holdings, Inc.
	BR Jersey International Holdings L.P.
	BlackRock Holdco 3, LLC
	BlackRock Cayman 1 LP
	BlackRock Cayman West Bay Finco Limited
	BlackRock Cayman West Bay IV Limited
	BlackRock Group Limited
	BlackRock Finance Europe Limited
	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 May 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/648389/SolGold-PLC-Announces-Holdings-in-Company

FAQ

What does BlackRock's 5% stake in SolGold (SLGGF) mean?

BlackRock's 5% stake indicates significant confidence from a major institutional investor in SolGold's prospects.

When did BlackRock report their voting rights in SolGold (SLGGF)?

BlackRock reported their voting rights crossing the 5% threshold on May 20, 2021.

How many voting rights does BlackRock hold in SolGold (SLGGF)?

As of May 19, 2021, BlackRock holds 112,810,671 direct voting rights and 19,070,560 through financial instruments.

What was BlackRock's previous holding percentage in SolGold (SLGGF)?

BlackRock's previous holdings were below 5% prior to crossing the threshold on May 19, 2021.