BlackRock ups stake in Central Asia Metals to 5.63%

LONDON - Investment giant BlackRock (NYSE:BLK), Inc. has increased its holdings in Central Asia Metals PLC, crossing the 5% threshold of voting rights attached to shares and bringing its total position to 5.63%, according to a regulatory filing with the London Stock Exchange (LON:LSEG) dated May 23, 2025.

The notification, which follows the rules of the Disclosure Guidance and Transparency Rules of the FCA, indicates that BlackRock now holds 5.01% of the voting rights directly and an additional 0.62% through financial instruments, specifically Contracts for Difference (CFDs), which are settled in cash. The total number of voting rights now held by BlackRock in Central Asia Metals is 10,253,048.

This change in shareholding occurred on Thursday, May 22, 2025, and the company was notified on the following day. The previous notification showed BlackRock with a 9.55% holding, indicating a significant decrease in direct shareholding while introducing a new position through financial instruments.

The detailed breakdown shows that BlackRock Investment Management (UK) Limited, within the BlackRock group, holds 4.96% of the voting rights and the same percentage through financial instruments, combining for a total of 5.59%.

Central Asia Metals PLC is a mining company with operations focused on copper, zinc, and lead production in Central Asia and Eastern Europe. The company is listed on the London Stock Exchange and is part of the basic materials sector, which often sees active portfolio adjustments by institutional investors.

This move by BlackRock may be of interest to investors monitoring the mining sector, as changes in significant shareholdings can reflect an investment firm’s view on the company’s future performance and the sector’s outlook. The increase in BlackRock’s stake in Central Asia Metals PLC is based on a press release statement and reflects only the factual changes in shareholding as required to be disclosed under regulatory guidelines.

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