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LONDON - Asiamet Resources Limited, a mining company, has reported a major change in share ownership following a transaction that took place on Sunday. PT BUMA International Group Tbk, an Indonesian-based entity, has increased its stake in Asiamet Resources, crossing a significant threshold of ownership.
On June 6, 2025, PT BUMA acquired additional voting rights in Asiamet Resources, resulting in its total voting rights reaching 42.02%, a notable increase from the previously reported 40.17%. The acquisition involved a total of 1,290,365,436 voting rights, consolidating PT BUMA’s position as a major shareholder in the company.
This transaction was completed off-market and has been duly notified to Asiamet Resources and the Financial Conduct Authority (FCA) as required by regulations. The notification of major holdings, a standard formality, ensures transparency in the market and allows investors to be aware of significant changes in company ownership.
PT BUMA, as per the disclosure, does not control any other undertakings that hold an interest in Asiamet Resources, nor is it controlled by any other natural person or legal entity in relation to these holdings. The notification did not include any additional information regarding the intentions behind the acquisition or any potential impact on Asiamet Resources’ operations or governance.
Investors and market watchers often monitor such disclosures closely, as changes in significant shareholdings can influence company strategy, governance, and potentially its share price. However, the press release statement did not elaborate on any strategic implications of this increased stake.
The London Stock Exchange (LON:LSEG)’s news service, RNS, provided this information, which is subject to terms and conditions of use and distribution.
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