TIDMBMN

RNS Number : 5074Q

Bushveld Minerals Limited

18 October 2023

TR-1: S tandard form for notification of major holdings

 
 NOTIFICATION OF MAJOR HOLDINGS (to be sent to the relevant issuer and 
  to the FCA in Microsoft Word format if possible) (i) 
 
 1a. Identity of the issuer or the                                     Bushveld Minerals Limited 
  underlying issuer of existing shares 
  to which voting rights are attached 
  (ii) : 
                                                             -------------------------------------------- 
 1b. Please indicate if the issuer is a non-UK issuer (please mark with 
  an "X" if appropriate) 
 Non-UK issuer                                                                                         X 
                                                                                                     ---- 
 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                                                         Kamran Sattar 
 City and country of registered office                        London 
  (if applicable) 
 4. Full name of shareholder(s) (if different from 3.) (v) 
 Name                                                         Kamran Sattar 
                                                             -------------------------------------------- 
 City and country of registered office                        London 
  (if applicable) 
                                                             -------------------------------------------- 
 5. Date on which the threshold was                           17/10/2023 
  crossed or reached (vi) : 
                                                             -------------------------------------------- 
 6. Date on which issuer notified                             17/10/2023 
  (DD/MM/YYYY): 
                                                             -------------------------------------------- 
 7. Total positions of person(s) subject to the notification obligation 
                              % of voting       % of voting rights    Total of both   Total number 
                            rights attached      through financial     in % (8.A +     of voting rights 
                            to shares (total        instruments            8.B)        held in issuer 
                                of 8. A)           (total of 8.B                       (8.A + 8.B) 
                                                    1 + 8.B 2)                         (vii) 
                          ------------------  ---------------------  --------------  -------------------- 
 Resulting situation 
  on the date 
  on which threshold 
  was crossed 
  or reached               5.04%                                                      78,446,744 
                          ------------------  ---------------------  --------------  -------------------- 
 Position of 
  previous notification 
  (if 
  applicable)              4.04% 
                          ------------------  ---------------------  --------------  -------------------- 
 
 
 
 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             Number of voting rights                       % of voting rights 
  shares                    (ix) 
  ISIN code (if 
  possible) 
                                  Direct                Indirect               Direct             Indirect 
                                 (DTR5.1)              (DTR5.2.1)              (DTR5.1)           (DTR5.2.1) 
                                                 --------------------- 
 Ordinary Shares           78,446,744                                    5.04% 
                          ---------------------  ---------------------  --------------------  ---------------- 
 
 
 SUBTOTAL 8. 
  A                                                                                      5.04% 
                          --------------------------------------------  -------------------------------------- 
 
 B 1: Financial Instruments according to DTR5.3.1R (1) (a) 
 Type of financial         Expiration   Exercise/                  Number of voting            % of voting 
  instrument                date         Conversion Period          rights that may             rights 
                            (x)          (xi)                       be acquired if 
                                                                    the instrument 
                                                                    is 
                                                                    exercised/converted. 
                          -----------  -------------------------  --------------------------  ---------------- 
 
 
 
                                        SUBTOTAL 8. B 
                                         1 
                                       -------------------------  --------------------------  ---------------- 
 
 B 2: Financial Instruments with similar economic effect according to 
  DTR5.3.1R (1) (b) 
 Type of financial    Expiration        Exercise/         Physical           Number of         % of voting 
  instrument           date (x)          Conversion        or cash            voting rights     rights 
                                         Period (xi)       Settlement 
                                                           (xii) 
                     ----------------  ----------------  -----------------  ---------------- 
 
 
 
                                                          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                         X 
  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                  n/a 
  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      % of voting rights       Total of both if 
                        if it equals or        through financial        it equals or is 
                       is higher than the      instruments if it        higher than the 
                      notifiable threshold    equals or is higher     notifiable threshold 
                                              than the notifiable 
                                                   threshold 
                    ----------------------  ---------------------  ------------------------ 
 Kamran Sattar       5.04% 
                    ----------------------  ---------------------  ------------------------ 
 
 
 
 
 
 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) 
 
 
 
 
 Place of completion   London 
 Date of completion    17/10/23 
                      --------- 
 

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