RE: Quarterly up date 14th July?26 Jun 2025 12:51
Hi Tom,
Interesting question, of which I have no clue on the answer, but see below AI response:
Yes—retail investors in Greatland Resources Ltd must submit a TR1 form when their voting interest crosses certain thresholds. Greatland is a non‑UK issuer (AIM‑listed, ISIN AU0000397705), so the rules for non‑UK companies apply .
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📌 Thresholds for notification
Under UK FCA’s Disclosure and Transparency Rules (DTR 5), for non‑UK issuers, notifications to both the FCA and the issuer are required when a shareholder’s stake:
• reaches, exceeds or drops below:
5%, 10%, 15%, 20%, 25%, 30%, 50%, and 75% in total voting rights .
This differs from UK‑incorporated issuers, where the trigger starts at 3% and is every 1% thereafter .
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🔍 Greatland-specific context
Recent notifications illustrate this in practice:
• Tembo Capital filed when it reached 5.94% on 23 June 2025 .
• Newmont reported reducing its stake below 10% (to 9.95%) on 23 June 2025 .
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✅ So, what should a retail investor do?
1. Monitor your total voting rights in Greatland (both direct shares and certain financial instruments).
2. If your holding crosses any of the key thresholds listed above, you must:
• Submit a TR1 form via the FCA’s Electronic Submission System (ESS).
• Also send the form to Greatland (typically via the appropriate Regulatory Information Service).