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KOD

-7.27%
NEUTRAL

Kodal Minerals Announces Change in Shareholding

Why we think this is neutral

This RNS announcement is a routine disclosure of a change in shareholding, which does not provide any significant new information about the company's operations or financial performance. As a result, the overall sentiment is neutral.

Key Points

  • Suay Chin International Pte Ltd has sold 2,500,000 ordinary shares in Kodal Minerals
  • Suay Chin now holds 2,023,333,559 ordinary shares, representing approximately 9.993% of the company's issued share capital

Summary

The mineral exploration company has announced a change in shareholding, with one of its major shareholders reducing its stake.

Kodal Minerals plc, the mineral exploration and development company, has announced that Suay Chin International Pte Ltd has sold 2,500,000 ordinary shares in the company, representing approximately 0.01% of the issued share capital. As a result, Suay Chin now holds 2,023,333,559 ordinary shares, or approximately 9.993% of the company's issued share capital.

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