Ithaki Limited : increased stake . Also holds Meridian Mining1 Oct 2025 14:57
Based on the public disclosures of its investment activities, here are the details regarding **Ithaki Limited** as a Jersey-based investment company:
### Primary Activity
Ithaki Limited is an **investment vehicle** that focuses on acquiring and holding significant stakes in publicly traded companies, primarily for investment purposes.
### Key Characteristics & Structure
* **Location:** It is registered in **Jersey**, an offshore financial center.
* **Control Structure:** The company has publicly stated that it is **not controlled by any natural person or legal entity**. This typically implies a complex ownership structure, such as a large trust or foundation, which does not have a single controlling party that needs to be disclosed for regulatory purposes.
* **Purpose:** Its acquisitions are stated to be for **"investment purposes."** This means the company is primarily interested in the financial returns from holding the shares, not necessarily taking operational control of the target companies.
* **Share Holdings:** The company has been reported in public filings for holding substantial positions in at least two publicly traded companies:
* **Atalaya Mining Copper, S.A.:** As of September 2025, Ithaki Limited's stake was reported to be **8.34%** of the voting rights.
* **Meridian Mining UK Societas:** In February 2025, Ithaki Limited announced an acquisition that increased its holding to **11.4%** of the issued and outstanding common shares.
In summary, Ithaki Limited (Jersey) is a substantial investment entity that uses its capital to take meaningful, yet not necessarily majority, ownership positions in companies listed on global stock exchanges.
Sign In
Follow the stocks
