Holding(s) in Company
Tough Investments Limited has notified Corcel PLC of a major holding, crossing a threshold on March 24, 2026. The company now holds 8.53% of Corcel PLC's voting rights, representing 803,571,429 ordinary shares, an increase from its previous holding of 5.03%. Tough Investments Limited is a Jersey-registered company wholly owned by Altum Trustees Limited, acting as trustee for the Tough Trust, a discretionary trust.
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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 | TOUGH INVESTMENTS LIMITED |
| City and country of registered office (if applicable) | ST HELIER, JERSEY |
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 : | 24 March 2026 |
| 6. Date on which issuer notified (DD/MM/YYYY): | 25 March 2026 |
- Total positions of person(s) subject to the notification obligation
| Resulting situation on the date on which threshold was crossed or reached | 8.53% | 0 | 8.53% | 803,571,429 |
| Position of previous notification (if applicable) | 5.03% | 0 | 5.03% | |
| 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 SHARES OF £0.001 (ISIN GB00BKM69866) | 803,571,429 | 8.53% | ||
| SUBTOTAL 8. A | 803,571,429 | 8.53% | ||
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
Altum Trustees Limited as trustee of the Tough Trust
| Tough Investments Limited | 8.53% | n/a | 8.53% |
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
TOUGH INVESTMENTS LIMITED IS A JERSEY REGISTERED COMPANY LIMITED BY SHARES. THE COMPANY IS OWNED 100% BY ALTUM TRUSTEES LIMITED ACTING IN ITS CAPACITY AS TRUSTEE OF THE TOUGH TRUST. THE TOUGH TRUST IS A DISCREITONARY TRUST AND ACCORDINGLY THERE ARE NO BENEFICIARIES WITH A FIXED OR VESTED INTEREST.
| Place of completion | ST. HELIER, JERSEY |
| Date of completion | 25 MARCH 2026 |
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.