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Significant shareholding clarification and update

In brief · summary, not quotable

Zanaga Iron Ore Company Limited has clarified a significant shareholding update, confirming that Mr. Gagan Gupta now holds the shares previously attributed to Eagle Eye Asset Holdings Pte. Ltd. Mr. Gupta's TR-1 filing indicates a reduction in his direct voting rights to 6.17%, representing 51,333,334 shares, down from a previous holding of 10.01%. This change in direct ownership and the clarification of the holder are the key points of this announcement.

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Zanaga Iron Ore Company ("ZIOC" or the "Company") clarifies and confirms that the shareholding previously attributed to Eagle Eye Asset Holdings Pte. Ltd. ("EEA") is in fact held by Mr. Gagan Gupta. The TR-1 filing below has been provided by Mr. Gupta in relation to transactions in the shares of the Company. The AIM Rule 26 section of the Company's website has been updated to reflect this position.

TR-1: Standard form for notification of major holdings

1a. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached ii :Zanaga Iron Ore Company Limited
  • Please indicate if the issuer is a non-UK issuer (please mark with an "X" if appropriate)
Non-UK issuerX
  • Reason for the notification (please mark the appropriate box or boxes with an "X")
An acquisition or disposal of voting rightsX

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

NameGagan Gupta
City and country of registered office (if applicable)Dubai

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 :08/12/2025
6. Date on which issuer notified (DD/MM/YYYY):08/02/2026
  • Total positions of person(s) subject to the notification obligation
Resulting situation on the date on which threshold was crossed or reached6.170.006.1751,333,334
Position of previous notification (if applicable)10.010.0010.01
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)
VGG9888M102351,333,3346.17

SUBTOTAL 8. A

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

Gagan Gupta6.17

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 completionDubai
Date of completion09/02/2026

Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.

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