FIRST TIN PLC received a notification of major holdings from Sparta AG, a company based in Heidelberg, Germany. The event, which occurred on August 1, 2024, resulted in Sparta AG holding 3.662602% of the voting rights in FIRST TIN PLC, representing a total of 11,666,667 voting rights. This change in the breakdown of voting rights was reported on the same day. The notification also detailed the full chain of controlled undertakings through which the voting rights and/or financial instruments are effectively held, starting with the ultimate controlling natural person or legal entities, Wilhelm K.T. Zours.
The notification provided a breakdown of the voting rights, including direct and indirect voting rights, as well as the percentage of voting rights through financial instruments. It also listed the controlled undertakings and their respective percentages of voting rights. The notification did not include information regarding proxy voting or additional details beyond the major shareholding notification.
The completion date for the notification was August 5, 2024, and it was completed at an unspecified location. This notification serves as an important update for shareholders and stakeholders of FIRST TIN PLC, providing insight into the changes in major holdings within the company.