Holding(s) in Company
Neo Energy Metals PLC announced that Gathoni Muchai Investments Limited has reduced its holding from 17.86% to 2.96% of the issued share capital, representing 82,661,790 voting rights. This change is due to an acquisition or disposal of voting rights and an event changing the breakdown of voting rights, stemming from the company's issuance of new shares and GMI's strategic decision to focus on its core mining investments.
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Neo Energy Metals plc (LSE: NEO; A2X: NEO), the uranium and gold development company focused on South Africa, announces that Gathoni Muchai Investments Limited ('GMI') has lodged a TR1 Form for notification of major holdings highlighting a reduction in holding from 17.86% of the issued share capital to 2.96%.
GMI is wholly owned and controlled by Neo's former Executive Chairman, Jason Brewer and former Non-Executive Director Jackline Muchai.
| 1a. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached ii : | NEO ENERGY 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 | X |
| Other (please specify) iii : The change in percentage holding arises from the issuer's issuance of new ordinary shares, including through share placings, combined with a reduction in the notifier's own holding and its strategic decision to focus exclusively on its core mining investment. | X |
Details of person subject to the notification obligation iv
| Name | Gathoni Muchai Investments |
| City and country of registered office (if applicable) | Nairobi, Kenya |
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 : | 23/06/2026 |
| 6. Date on which issuer notified (DD/MM/YYYY): | 25/06/2026 |
- Total positions of person(s) subject to the notification obligation
| Resulting situation on the date on which threshold was crossed or reached | 2.96 % | 2.96 % | 82,661,790 |
| Position of previous notification (if applicable) | 17.86% | 17.86% | |
| 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) |
| GB00BYWLRL80 | 82,661,790 | 2.96 % | |
| SUBTOTAL 8. A | 82,661,790 | 2.96 % | |
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
| Place of completion | Kenya |
| Date of completion | 25/06/2026 |
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.