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LONDON - Helikon Investments Limited has increased its holdings in Resolute Mining Limited, a non-UK issuer with the ISIN AU000000RSG6, crossing a significant threshold on May 13, 2025. The London-based investment firm now holds a total of 15.047% of voting rights through financial instruments, a notable rise from the previous notification of 10.1429%.
The change in holdings was officially notified to Resolute Mining on May 14, 2025. The financial instruments primarily responsible for the increase are cash-settled equity swaps, with expiration dates ranging from November 2025 to February 2035. These swaps represent a combined total of over 320 million voting rights, with the largest individual swap holding 4.3091% of voting rights.
Helikon Long Short Equity Fund Master ICAV, based in Dublin, Ireland, is the controlled undertaking through which Helikon Investments Limited effectively holds these voting rights. The notification did not include any use of proxy voting rights or additional information that could provide further context to this increase in shareholding.
This strategic move by Helikon Investments Limited could signal confidence in Resolute Mining’s performance or prospects, although it is important to note that the reasons behind the acquisition of financial instruments have not been disclosed. The acquisition of such a substantial portion of voting rights could potentially influence the company’s future direction, depending on the intentions of the investment firm.
Resolute Mining Limited, the issuer, has not commented on the notification beyond the formal acknowledgment of receiving it. The information provided in this article is based on a press release statement from RNS, the news service of the London Stock Exchange (LON:LSEG), which is recognized by the Financial Conduct Authority in the UK.
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