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Tembo Capital reduces stake in Greatland Gold

Published 12/06/2024, 08:08 AM
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LONDON - Tembo Capital Holdings Guernsey Ltd has decreased its shareholding in Greatland Gold PLC, a UK-based mining company, as revealed by a regulatory filing on December 6, 2024. The investment firm's voting rights in Greatland Gold have fallen to 6.09%, a change from the previous notification where it held 7.65% of the voting rights.

This shift occurred on December 4, 2024, and Greatland Gold was informed of the change on the same day as the filing, December 6, 2024. The total number of voting rights Tembo Capital now holds in the issuer is 796,770,833. The notification did not indicate any voting rights held through financial instruments, implying that Tembo Capital's interest is entirely through direct share ownership.

The filing specified that Tembo Capital Holdings is not controlled by any natural person or legal entity, nor does it control any other undertakings that hold an interest in Greatland Gold PLC. There was no additional information provided regarding the reason for the decrease in Tembo Capital's shareholding.

The notification, completed in London, is a standard form for the notification of major holdings as required by market regulations. It is part of the transparency obligations that companies listed on the London Stock Exchange (LON:LSEG) must fulfill, allowing investors to be informed about significant changes in share ownership.

Greatland Gold PLC is involved in the exploration and development of natural resources, with a focus on gold. The company's projects and operations are of interest to investors, and changes in major shareholdings can be indicative of shifts in investor sentiment or strategic interests.

This update is based on a press release statement and is intended to inform investors of the latest developments in the shareholding structure of Greatland Gold PLC.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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