Holding(s) in Company
First Equity Limited, acting as Investment Manager for Armstrong Investments Limited, has acquired a holding in First Development Resources PLC, resulting in a total of 4,200,000 voting rights, representing 3.017398% of the company's shares. This acquisition crossed a notification threshold on November 6, 2025, and was subsequently reported on November 7, 2025. The holding is effectively controlled by the Estate of William Black.
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Issuer Details
ISIN
GB00BRY05092
Issuer Name
FIRST DEVELOPMENT RESOURCES PLC
UK or Non-UK Issuer
UK
Reason for Notification
An acquisition or disposal of voting rights
Details of person subject to the notification obligation
Name
First Equity Limited
City of registered office (if applicable)
London
Country of registered office (if applicable)
United Kingdom
| Name | City of registered office | Country of registered office |
| Estate of William Black | ||
| Armstrong Investments Limited | Douglas | Isle of Man |
| 4. Details of the shareholder | ||
| Name | City of registered office | Country of registered office |
| Nortrust Nominees Limited | London | United Kingdom |
Date on which the threshold was crossed or reached
06-Nov-2025
Date on which Issuer notified
07-Nov-2025
- Total positions of person(s) subject to the notification obligation
| Resulting situation on the date on which threshold was crossed or reached | 3.017398 | 0.000000 | 3.017398 | 4200000 |
| Position of previous notification (if applicable) | ||||
| 8A. Voting rights attached to shares | ||||
| Class/Type of shares ISIN code(if possible) | Number of direct voting rights (DTR5.1) | Number of indirect voting rights (DTR5.2.1) | % of direct voting rights (DTR5.1) | % of indirect voting rights (DTR5.2.1) |
| GB00BRY05092 | 4200000 | 0 | 3.017398 | 0.000000 |
| Sub Total 8.A | 4200000 | 3.017398% | ||
Financial Instruments according to (DTR5.3.1R.(1) (a))
Sub Total 8.B1
- Financial Instruments with similar economic effect according to (DTR5.3.1R.(1) (b))
Sub Total 8.B2
- Information in relation to the person subject to the notification obligation
| Estate of William Black | First Equity Limited as Investment Manager of Armstrong Inv Limited | 3.017398 | 3.017398% |
| Estate of William Black | Armstrong Investments Limited |
In case of proxy voting
Name of the proxy holder
The number and % of voting rights held
The date until which the voting rights will be held
- Additional Information
- Date of Completion
07-Nov-2025
Place Of Completion
London
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.