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SINGAPORE - Republic Investment Management Pte. Ltd., based in Singapore, has notified Panthera Resources Plc, a UK-based mining company, that it has reduced its holding in the company. As of March 5, 2025, the investment management firm’s stake in Panthera Resources decreased below the threshold that characterizes a substantial shareholder.
According to the notification, Republic Investment Management now holds 2.77% of the voting rights in Panthera Resources, a decline from the previous holding of 3.52%. The change in ownership was officially communicated to Panthera Resources on March 6, 2025.
The shares in question are identified with the ISIN code GB00BD2B4L05, and the total number of voting rights associated with these shares is 5,571,569. The notification specifies that the voting rights are held directly by Republic Investment Management. Additionally, there are no voting rights through financial instruments reported in this notification, emphasizing that the entire percentage is strictly related to share ownership.
This disclosure of a decrease in shareholding is a routine regulatory requirement meant to ensure transparency in the market. It is part of the standard practice for companies listed on the London Stock Exchange (LON:LSEG), where Panthera Resources is traded. The notification is mandated under the Disclosure Guidance and Transparency Rules of the UK’s Financial Conduct Authority.
The notice also indicates that HSBC Bank PLC is the registered shareholder of the stocks, acting presumably as a custodian or nominee for Republic Investment Management.
This adjustment in the shareholding structure is a factual development in the investment landscape of Panthera Resources Plc. The information is based on a press release statement and does not necessarily reflect any broader market trends or implications for the company’s future performance. Investors and market watchers typically monitor such changes in significant shareholdings for potential impacts on company governance and strategy. However, the press release does not provide further details on the reasons behind Republic Investment Management’s decision to reduce its stake.
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