RE: TR1 announced!19 Mar 2026 14:07
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.
Wouldn't be the reason for the buyback on hold. It's only for 3,660,000. They must of been offered a deal. There's no way I could buy that many shares at the current sp