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LONDON - Kensington Trust Singapore Limited has reduced its stake in Bluebird Mining Ventures Ltd (LSE:BMV.L) to below 5%, according to a regulatory filing disclosed Wednesday.
The Singapore-based entity reported that its holdings fell to 4.885% of voting rights, down from the previously reported 9.993%. The notification shows the threshold was crossed on July 8.
According to the TR-1 filing, Kensington Trust now holds 3.081% of voting rights attached to shares, representing 26,605,710 direct voting rights. The trust also maintains 1.804% of voting rights through financial instruments, specifically warrants representing 15,868,630 voting rights.
Bluebird Mining Ventures, a pan-Asian gold project development company, noted in its statement that as a non-UK issuer under the Disclosure Guidance and Transparency Rules, shareholders must notify the company when their percentage of voting rights reaches, exceeds, or falls below specific thresholds ranging from 5% to 75%.
The regulatory announcement was made in accordance with market abuse regulations, as stated in the company’s press release.
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