Metals Exploration Plc: Major Shareholder Notification
Why we think this is neutral
This RNS announcement is a notification of a change in major shareholding for Metals Exploration Plc. It does not contain any information about the company's trading, financial performance, or other key business updates. As such, the sentiment is considered neutral, as the news does not have a significant impact on the company's outlook.
Key Points
- Jim Mellon's shareholding in Metals Exploration Plc has decreased from 7.54% to 5.01%
- The shares are held through Galloway Limited
Summary
The mining company has received a notification of a change in major shareholding.
Metals Exploration Plc has received a TR-1 notification of major holdings from Jim Mellon, who holds shares through Galloway Limited. The notification indicates that Mr. Mellon's shareholding has decreased from 7.54% to 5.01% of the company's total voting rights.
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