Holding in Company & Directorate Change
Capital Metals PLC announced that Sheffield Resources Limited no longer holds a shareholding in the company, resulting in Bruce Griffin's resignation as a Non-Executive Director. Sheffield Resources Limited's previous holding was 10.01% of voting rights and 4.76% through financial instruments, totaling 14.77%. Following this disposal, Sheffield Resources Limited now holds 0.00% of voting rights and 0.00% through financial instruments.
Select text to share a quote on X · sign in to keep highlights & notes in your CMET notes
Holding in Company
&
Directorate Change
Further to the announcement on 28 January 2026, Capital Metals (AIM: CMET), a mineral sands company approaching mine development stage at its high-grade Taprobane Minerals Project in Sri Lanka (the "Project"), has now received the following TR1 Form confirming that Sheffield Resources Limited (ASX: SFX) ("Sheffield") no longer has a shareholding in the Company.
Pursuant to the terms of Sheffield's investment in the Company, Sheffield is no longer entitled to appoint a nominee director to the board of the Company. Accordingly, Bruce Griffin has resigned as a Non-Executive Director of Capital Metals with immediate effect. Capital Metals thanks Bruce for his valuable input to date and wishes him well in his other businesses.
TR-1: Standard form for notification of major holdings
| 1a. Identity of the issuer or the underlying issuer of existing shares to which voting rights are at-tached ii : | Capital Metals Plc |
- Please indicate if the issuer is a non-UK issuer (please mark with an "X" if appropriate)
Non-UK issuer
- 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 :
Details of person subject to the notification obligation iv
| Name | Sheffield Resources Limited |
| City and country of registered office (if applicable) | West Perth, Australia |
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 : | 27/01/2026 |
| 6. Date on which issuer notified (DD/MM/YYYY): | 5/02/2026 |
- Total positions of person(s) subject to the notification obligation
| Resulting situation on the date on which threshold was crossed or reached | 0.00 | 0.00 | 0.00 | 0 |
| Position of previous notification (if applicable) | 10.010000 | 4.760000 | 14.770000 | |
| 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) | |
| ORDINARY GB00BMF75608 | 0 | 0 | 0 | 0 |
| SUBTOTAL 8. A | 0 | 0 | ||
B 1: Financial Instruments according to DTR5.3.1R (1) (a)
SUBTOTAL 8. B 1
B 2: Financial Instruments with similar economic effect according to DTR5.3.1R (1) (b)
SUBTOTAL 8.B.2
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
Additional information xvi
Notification following confirmation of final contract note and final settlement.
| Place of completion | Perth, Australia |
| Date of completion | 05/02/2026 |
Follow us on social media:
X: @MetalsCapital
LinkedIn: @Capital Metals plc
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.