Holdings RNS21 Jan 2026 08:57
Morning
18.13% shares & 2.09% through warrants/instruments (20.22% in total) - Total voting rights = 139,617,363
Position of previous notification (if applicable) 8.24% shares & 12.51% through warrants/instruments (20.75% in total) = 139,617,363
That does not look like a sell down, it looks like Wyloo have converted their warrants/options and now have shares. The slight decrease in % might be because more shares have been issued through employee/management schemes since their last update. The total number of shares/voting rights is identical at 139,617,363.
Wyloo 'may' have took up their option to buy Newmont's shares at what was the 7p (ish) in old money. If so, we will get a TR1 saying Newmont are out or have reduced.
That's what it looks like to me but those Holdings RNS are never completely clear.