Helikon Investments increases stake in Resolute Mining to 15.4%

Published 03/07/2025, 08:24
Helikon Investments increases stake in Resolute Mining to 15.4%

LONDON - Helikon Investments Limited has increased its substantial holdings in Resolute Mining Limited (ASX:RSG), according to a regulatory filing released Thursday.

The London-based investment firm now holds a 15.4% stake in the gold mining company, comprised of 6.92% in direct voting rights through shares and 8.48% through financial instruments.

The change in holdings was triggered on June 30, with the company notifying Resolute Mining on July 2. Helikon now controls 327,802,382 total voting rights in the issuer.

The filing shows Helikon’s position includes 147,286,546 indirect voting rights attached to shares, along with various cash-settled equity swaps with expiration dates ranging from November 2025 to February 2035.

Helikon’s previous notification showed no direct voting rights through shares, but 15.05% through financial instruments, indicating a shift in how the investment firm structures its position in Resolute Mining.

The ultimate controlling entity behind the stake is Helikon Long Short Equity Fund Master ICAV, based in Dublin, Ireland.

This information was disclosed in a regulatory announcement submitted to the London Stock Exchange (LON:LSEG)’s news service.

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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