Microvast Holdings announces departure of chief financial officer
LONDON - Tungsten West (LON:TUNT) plc, a company listed on the London Stock Exchange (LON:LSEG), has experienced a change in its shareholder structure, according to a notification of major holdings. Godolphin Minerals Limited, previously holding a 3.92% stake in Tungsten West, has decreased its position to 1.80% of the voting rights, crossing the threshold on June 5, 2025.
The notification, which was completed in London on June 5 and reported to the issuer on June 9, 2025, indicates that Godolphin Minerals Limited now directly holds 3,406,260 voting rights in Tungsten West. There are no financial instruments held that would affect the voting rights, keeping the total percentage of rights at 1.80%.
According to the disclosure, the reduction in share ownership marks a significant change from the previously notified position, where Godolphin Minerals Limited had a nearly 4% stake in the company. The report does not indicate the presence of any controlling natural person or legal entity behind the shareholder, nor does it suggest any proxy voting arrangements that would impact the ownership structure.
The London Stock Exchange’s news service RNS, authorized by the Financial Conduct Authority, provided this information, emphasizing the importance of transparency in the ownership and control of publicly traded companies. This change in major holdings could be of interest to investors and market analysts who monitor the dynamics of shareholder influence within Tungsten West.
The details of the notification highlight the importance of monitoring shifts in major shareholdings, as they can have implications for corporate governance and investor relations. However, the report does not speculate on the reasons behind the reduction in ownership or its potential impact on Tungsten West’s operations or strategy.
Investors and stakeholders in Tungsten West plc will likely watch for any further developments that could provide insight into the strategic decisions of major shareholders like Godolphin Minerals Limited. The notification of major holdings is based on a press release statement, providing essential information for the market participants.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.