Canopy Growth stock tumbles after announcing $200 million share sale plan
LONDON - Bluebird Mining Ventures Ltd (LSE:BMV.L) announced Tuesday that RS & CA Jennings & Catalyse Capital Ltd have adjusted their stake in the company, according to a TR-1 notification received by the pan-Asian gold project development firm.
The shareholders now hold 18.79% of the company’s voting rights, up from their previous position of 12.56%. This new position consists of 3.73% in direct voting rights attached to shares and 15.06% through financial instruments.
The financial instruments include a spreadbet position representing 3.6% of voting rights, as well as warrants expiring in October 2025 and September 2027, accounting for 0.61% and 10.85% of voting rights respectively. The September 2027 warrants are subject to a lock-in period until March 1, 2026.
The notification indicates that the threshold was crossed on July 8, 2025, with the shareholders now controlling 32,262,217 direct voting rights. The total number of voting rights in the issuer stands at 863,683,704.
Bluebird Mining Ventures noted in its statement that as a non-UK issuer for the purposes of 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 information was disclosed in accordance with the market abuse regulation EU 596/2014, based on a press release statement from the company.
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