Picture of Serabi Gold logo

SRB Serabi Gold News Story

0.000.00%
gb flag iconLast trade - 00:00
Basic MaterialsSpeculativeSmall CapSuper Stock

REG-Holding(s) in Company

For best results when printing this announcement, please click on link below:
https://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20250423:nGNE11rpZT&default-theme=true


For immediate release

23 April 2025

Serabi Gold plc
("Serabi" or the "Company")
Holding(s) in Company

The Board of Serabi announces that the Company has received the following TR-1
notification which is set out below.

Enquiries:

 Serabi Gold plc                                                                               
 Michael Hodgson                                                   Tel: +44 (0)20 7246 6830    
 Chief Executive                                                   Mobile: +44 (0)7799 473621  
                                                                                               
 Andrew Khov                                                                                   
 Vice President, Investor Relations & Business Development         Mobile +1 647 885 4874      
                                                                                               
 Email: contact@serabigold.com                                                                 
 Website: www.serabigold.com                                                                   
                                                                                               
 Beaumont Cornish Limited Nominated Adviser and Financial Adviser                              
 Roland Cornish / Michael Cornish                                  Tel: +44 (0)20 7628 3396    
                                                                                               
 Peel Hunt LLP Joint UK Broker                                                                 
 Ross Allister                                                     Tel: +44 (0)20 7418 9000    
                                                                                               
 Tamesis Partners LLP Joint UK Broker                                                          
 Charlie Bendon / Richard Greenfield                               Tel: +44 (0)20 3882 2868    
                                                                                               
 Camarco  Financial PR - Europe                                                                
 Gordon Poole / Emily Hall                                         Tel: +44(0) 20 3757 4980    
                                                                                               
 Harbor Access Financial PR – North America                                                    
 Jonathan Patterson / Lisa Micali                                  Tel: +1 475 477 9404        

Copies of this announcement are available from the Company's website
at www.serabigold.com.

Neither the London Stock Exchange, the Toronto Stock Exchange, nor any other
securities regulatory authority, has approved or disapproved of the contents
of this announcement.

TR-1: Standard form for notification of major holdings

 NOTIFICATION OF MAJOR HOLDINGS                                                                                                                                                                                                                                                                                       
                                                                                                                                                                                                                                                                                                                      
 1a. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached (ii):                                                          Serabi Gold plc   BG5NDX9                                                                                                                  
 1b. Please indicate if the issuer is a non-UK issuer (please mark with an “X” if appropriate)                                                                                                                                                                                                                        
 Non-UK issuer                                                                                                                                                                                                                                                                                                        
 2. Reason for the notification (please mark the appropriate box or boxes with an “X”)                                                                                                                                                                                                                                
 An acquisition or disposal of voting rights                                                                                                                                                                                                                                        X                                 
 An acquisition or disposal of financial instruments                                                                                                                                                                                                                                                                  
 An event changing the breakdown of voting rights                                                                                                                                                                                                                                                                     
 Other (please specify) (iii):                                                                                                                                                                                                                                                                                        
 3. Details of person subject to the notification obligation (iv)                                                                                                                                                                                                                                                     
 Name                                                                                                                                                                      Greenstone Resources II LP                                                                                                                 
 City and country of registered office (if applicable)                                                                                                                     St Peter Port, Guernsey                                                                                                                    
 4. Full name of shareholder(s) (if different from 3.) (v)                                                                                                                                                                                                                                                            
 Name                                                                                                                                                                                                                                                                                                                 
 City and country of registered office (if applicable)                                                                                                                                                                                                                                                                
 5. Date on which the threshold was crossed or reached (vi):                                                                                                               23 April 2025                                                                                                                              
 6. Date on which issuer notified (DD/MM/YYYY):                                                                                                                            23 April 2025                                                                                                                              
 7. Total positions of person(s) subject to the notification obligation                                                                                                                                                                                                                                               
                                                                            % of voting rights attached to shares (total of 8. A)  % of voting rights through financial instruments (total of 8.B 1 + 8.B 2)      Total of both in % (8.A + 8.B)  Total number of voting rights held in issuer (8.A + 8.B) (vii)      
 Resulting situation on the date on which threshold was crossed or reached  0%                                                     0.0%                                                                           0%                              0                                                                   
 Position of previous notification (if applicable)                          5.20%                                                  0.0%                                                                           5.20%                                                                                               



 8. Notified details of the resulting situation on the date on which the threshold was crossed or reached (viii)                                                                                                                                     
 A: Voting rights attached to shares                                                                                                                                                                                                                 
 Class/type of shares ISIN code (if possible)           Number of voting rights (ix)                                                                              % of voting rights                                                                 
                                                        Direct (DTR5.1)                          Indirect (DTR5.2.1)                                              Direct (DTR5.1)                                               Indirect (DTR5.2.1)  
 GB00BG5NDX91                                           0                                        0                                                                0                                                             0                    
                                                                                                                                                                                                                                                     
                                                                                                                                                                                                                                                     
 SUBTOTAL 8. A                                          0                                                                                                         0%                                                                                 
                                                                                                                                                                                                                                                     
 B 1: Financial Instruments according to DTR5.3.1R (1) (a)                                                                                                                                                                                           
 Type of financial instrument                           Expiration date (x)  Exercise/ Conversion Period (xi)                      Number of voting rights that may be acquired if the instrument is exercised/converted.       % of voting rights   
 n/a                                                    n/a                  n/a                                                   n/a                                                                                          n/a                  
                                                                                                                                                                                                                                                     
                                                                                                                                                                                                                                                     
                                                                             SUBTOTAL 8. B 1                                                                                                                                                         
                                                                                                                                                                                                                                                     
 B 2: Financial Instruments with similar economic effect according to DTR5.3.1R (1) (b)                                                                                                                                                              
 Type of financial instrument  Expiration date (x)                           Exercise/ Conversion Period (x)(i)      Physical or cash Settlement (xii)                                           Number of voting rights        % of voting rights   
 n/a                           n/a                                           n/a                                     n/a                                                                         n/a                            n/a                  
                                                                                                                                                                                                                                                     
                                                                                                                                                                                                                                                     
                                                                                                                     SUBTOTAL 8.B.2                                                                                                                  
                                                                                                                                                                                                                                                     



 9. Information in relation to the person subject to the notification obligation (please mark the applicable box with an “X”)                                                                                                                                                                                                                             
 Person subject to the notification obligation is not controlled by any natural person or legal entity and does not control any other undertaking(s) holding directly or indirectly an interest in the (underlying) issuer (xiii)                                                                                                                         
 Full chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held starting with the ultimate controlling natural person or legal entity (please add additional rows as necessary) (xiv)                                                                                                        
 Name (xv)                                                      % of voting rights if it equals or is higher than the notifiable threshold  % of voting rights through financial instruments if it equals or is higher than the notifiable threshold  Total of both if it equals or is higher than the notifiable threshold                               
                                                                                                                                                                                                                                                                                                                                                          
                                                                                                                                                                                                                                                                                                                                                          
                                                                                                                                                                                                                                                                                                                                                          
                                                                                                                                                                                                                                                                                                                                                          
                                                                                                                                                                                                                                                                                                                                                          
                                                                                                                                                                                                                                                                                                                                                          
 10. In case of proxy voting, please identify:                                                                                                                                                                                                                                                                                                            
 Name of the proxy holder                                                                                                                                                                                                                                                                                                                                 
 The number and % of voting rights held                                                                                                                                                                                                                                                                                                                   
 The date until which the voting rights will be held                                                                                                                                                                                                                                                                                                      
                                                                                                                                                                                                                                                                                                                                                          
 11. Additional information (xvi)                                                                                                                                                                                                                                                                                                                         
 Greenstone Resources II LP has entered into a legally binding secondary block trade agreement with Peel Hunt LLP and Tamesis Partners LLP on 22 April 2025 to sell 3,936,492 ordinary shares in Serabi Gold plc. Completion is expected to occur on 2 May 2025. All voting and other rights in the 3,936,492 ordinary shares are retained by Greenstone Resources II LP until completion.   As announced on 15 April 2025 Greenstone Resources II LP entered into a legally binding unconditional share purchase agreement on 12 
 April 2025 to sell 15,146,902 ordinary shares in Serabi Gold plc. Completion is expected to occur within 20 calendar days of the share purchase agreement, or such other date as the parties may agree. All voting and other rights in the 15,146,902 ordinary shares are retained by Greenstone Resources II LP until completion.                       



 Place of completion  UK             
 Date of completion   23 April 2025

Recent news on Serabi Gold

See all news