Ironveld shares shift as Spreadex adjusts stake

Published 16/04/2025, 11:44
Ironveld shares shift as Spreadex adjusts stake

LONDON - Ironveld PLC (LSE:IRON), a UK-based mining company, has experienced a change in ownership as Spreadex LTD, a financial services provider, adjusted its holdings in the company. On April 14, 2025, Spreadex crossed a threshold that altered its total percentage of voting rights in Ironveld.

The notification, issued on April 16, 2025, indicated that Spreadex now holds a combined total of 3.9579% of Ironveld’s voting rights, a slight decrease from its previous position of 4.0234%. This change resulted from an acquisition or disposal of financial instruments by Spreadex.

The detailed breakdown reveals that Spreadex directly holds 2.5805% of the voting rights attached to shares, with an additional 1.3774% through financial instruments such as Contracts for Difference (CFDs) and spread bets. The total number of voting rights now held by Spreadex in Ironveld amounts to 543,894,442.

Spreadex, headquartered in St. Albans, UK, is a company regulated by the Financial Conduct Authority (FCA) and offers services in spread betting and CFD trading. It was founded in 1999 and caters to both retail and professional traders, providing access to over 10,000 global markets, including UK small caps.

The adjustment in Spreadex’s holdings may interest investors and market watchers, as changes in major shareholdings can influence investor perceptions and company governance. However, Spreadex is not controlled by any natural person or legal entity, nor does it control any other undertakings with a notifiable interest in Ironveld.

Ironveld has not been notified of any additional information, proxy voting, or control-related matters concerning Spreadex’s notification. The completion of this notification process took place in the UK on April 15, 2025.

This update is based on a press release statement and reflects the latest changes in the ownership structure of Ironveld PLC as reported to the London Stock Exchange (LON:LSEG).

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

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers
© 2007-2025 - Fusion Media Limited. All Rights Reserved.