Holding(s) in Company
Focus Xplore PLC announced that on September 24, 2025, Armstrong Investments Limited crossed a threshold requiring notification of a relevant change. First Equity Limited, acting as Investment Manager of Armstrong Inv Limited, now holds 5.728334% of the voting rights, totaling 130,000,000 shares. This is a decrease from the previously notified holding of 6.728206%. The change is due to a slight change in the NOMAD Advised shares in issue figure as 2,269,420,573.
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Focus Xplore PLC (AIM: FOX), the strategic energy and critical minerals exploration and development company, announces it has received notification that on 24 September 2025 Armstrong Investments Limited had crossed a threshold for notification of a relevant change (as defined by the AIM Rules for Companies). The Company has received the following TR-1 notification, a copy of which is set out below.
TR-1: Standard form for notification of major holdings
Issuer Details
ISIN
GB00BSNBL022
Issuer Name
FOCUS XPLORE 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
24-Sep-2025
Date on which Issuer notified
26-Sep-2025
- 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 | |
|---|---|---|---|---|
| Resulting situation on the date on which threshold was crossed or reached | 5.728334 | 0.000000 | 5.728334 | 130000000 |
| Position of previous notification (if applicable) | 6.728206 | 0.000000 | 6.728206 | |
| 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) |
| GB00BSNBL022 | 130000000 | 0 | 5.728334 | 0.000000 |
| Sub Total 8.A | 130000000 | 5.728334% | ||
| 8B1. Financial Instruments according to (DTR5.3.1R.(1) (a)) | ||||
| Type of financial instrument | Expiration date | Exercise/conversion period | Number of voting rights that may be acquired if the instrument is exercised/converted | % of voting rights |
Sub Total 8.B1
- Financial Instruments with similar economic effect according to (DTR5.3.1R.(1) (b))
| Type of financial instrument | Expiration date | Exercise/conversion period | Physical or cash settlement | Number of voting rights | % of voting rights |
Sub Total 8.B2
- Information in relation to the person subject to the notification obligation
| Ultimate controlling person | Name of controlled undertaking | % 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 |
|---|---|---|---|---|
| Estate of William Black | First Equity Limited as Investment Manager of Armstrong Inv Limited | 5.728334 | 5.728334% | |
| 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
NOMAD Advised shares in issue figure as 2,269,420,573 slightly changing our holding percentage.
Date of Completion
26-Sep-2025
Place Of Completion
London
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