SVML.L

Sovereign Metals Limited
Sovereign Metals Ltd - Change in Substantial Holding - Rio Tinto
8th July 2024, 06:05
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RNS Number : 4651V
Sovereign Metals Limited
08 July 2024
 

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NEWS RELEASE I 8 JULY 2024

 

NOTICE OF CHANGE OF INTERESTS OF SUBSTANTIAL HOLDER

Sovereign Metals Limited (ASX: SVM, AIM: SVML) (Sovereign or the Company) advises that it was notified today via the filing of a Form 604 with the Australian Securities Exchange (ASX) that Rio Tinto Mining and Exploration Limited (Rio Tinto) provided a notice of change of interests of substantial holder (as defined by the Corporations Act 2001) of the Company as of 4 July 2024, having increased its shareholding in the Company from 83,095,592 ordinary shares, representing 15% of the Company's issued share capital as at the date of its previous notice, to 118,085,108 ordinary shares, representing 19.76% of the Company's issued share capital, following the issue of 439,918 shares as approved by Sovereign shareholders on 23 August 2023 and the issue of 34,549,598 shares pursuant to the exercise of options on 4 July 2024.

The Form 604 can be viewed in full via the below link:

https://www.investi.com.au/api/announcements/svm/511e90f4-659.pdf

 

ENQUIRIES

 

Dylan Browne
Company Secretary

+61(8) 9322 6322

 

Nominated Adviser on AIM and Joint Broker

 

SP Angel Corporate Finance LLP

+44 20 3470 0470

Ewan Leggat

Charlie Bouverat


 

 

Joint Brokers

 

Stifel

+44 20 7710 7600

Varun Talwar

 

Ashton Clanfield

 

 

 

Berenberg

+44 20 3207 7800

Matthew Armitt

 

Jennifer Lee

 

 

 

Buchanan

+ 44 20 7466 5000

 

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