Holding(s) in Company
First Equity Limited, acting as investment manager for Rath Dhu Limited and Armstrong Investments Limited, has acquired a total of 3,660,000 voting rights in Power Metal Resources PLC, representing 3.221369% of the company's shares. This acquisition, which crossed the notification threshold on March 18, 2026, was reported to the issuer on March 19, 2026. The Estate of William Black is the ultimate controlling person behind these holdings, with First Equity Limited managing 2.508443% through Rath Dhu and 0.712926% through Armstrong Investments.
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Issuer Details
ISIN
GB00BMFSSJ73
Issuer Name
POWER METAL 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 | ||
| Rath Dhu Limited | Douglas | Isle of Man |
| 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
18-Mar-2026
Date on which Issuer notified
19-Mar-2026
- Total positions of person(s) subject to the notification obligation
| Resulting situation on the date on which threshold was crossed or reached | 3.221369 | 0.000000 | 3.221369 | 3660000 |
| 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) |
| GB00BMFSSJ73 | 3660000 | 0 | 3.221369 | 0.000000 |
| Sub Total 8.A | 3660000 | 3.221369% | ||
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 Rath Dhu | 2.508443 | 2.508443% |
| Estate of William Black | Rath Dhu Limited | ||
| Estate of William Black | First Equity Limited as Investment Manager of Armstrong Inv Limited | 0.712926 | 0.712926% |
| 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
19-Mar-2026
Place Of Completion
London
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.