• Holding(s) in Company

    Source: Nasdaq GlobeNewswire / 15 Apr 2025 02:00:00   America/New_York

    For immediate release

    15 April 2025

    Serabi Gold plc
    ("Serabi" or the "Company")
    Holding(s) in Company

    The Board of Serabi announces that the Company has received the following TR-1 notification which is set out below.

    Enquiries:

    Serabi Gold plc 
    Michael HodgsonTel: +44 (0)20 7246 6830
    Chief ExecutiveMobile: +44 (0)7799 473621
      
    Andrew Khov          
    Vice President, Investor Relations & Business
    Development    		Mobile +1 647 885 4874

      
    Email: contact@serabigold.com 
    Website: www.serabigold.com 
      
    Beaumont Cornish Limited
    Nominated Adviser and Financial Adviser    		 
    Roland Cornish / Michael CornishTel: +44 (0)20 7628 3396
      
    Peel Hunt LLP
    Joint UK Broker    		 
    Ross AllisterTel: +44 (0)20 7418 9000
      
    Tamesis Partners LLP
    Joint UK Broker    		 
    Charlie Bendon / Richard GreenfieldTel: +44 (0)20 3882 2868
      
    Camarco        
    Financial PR - Europe    		 
    Gordon Poole / Emily HallTel: +44(0) 20 3757 4980
      
    Harbor Access
    Financial PR – North America    		 
    Jonathan Patterson / Lisa Micali        Tel: +1 475 477 9404

    Copies of this announcement are available from the Company's website at www.serabigold.com.

    Neither the London Stock Exchange, the Toronto Stock Exchange, nor any other securities regulatory authority, has approved or disapproved of the contents of this announcement.


    TR-1: Standard form for notification of major holdings

    NOTIFICATION OF MAJOR HOLDINGS
     
    1a. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached ii:Serabi Gold plc



    BG5NDX9
    1b. Please indicate if the issuer is a non-UK issuer (please mark with an “X” if appropriate)
    Non-UK issuer 
    2. Reason for the notification (please mark the appropriate box or boxes with an “X”)
    An acquisition or disposal of voting rightsX
    An acquisition or disposal of financial instruments 
    An event changing the breakdown of voting rights 
    Other (please specify) iii:     
    3. Details of person subject to the notification obligation iv
    NameGreenstone Resources II LP
    City and country of registered office (if applicable)St Peter Port, Guernsey
    4. Full name of shareholder(s) (if different from 3.) v
    Name 
    City and country of registered office (if applicable) 
    5. Date on which the threshold was crossed or reached vi:12 April 2025
    6. Date on which issuer notified (DD/MM/YYYY):12 April 2025
    7. Total positions of person(s) subject to the notification obligation
     % of voting rights attached to shares (total of 8. A)% of voting rights through financial instruments
    (total of 8.B 1 + 8.B 2)    		Total of both in % (8.A + 8.B)Total number of voting rights held in issuer (8.A + 8.B) vii
    Resulting situation on the date on which threshold was crossed or reached5.20%0.0%5.20%3,936,492
    Position of previous notification (if
    applicable)    		25.20%0.0%25.20% 



    8. Notified details of the resulting situation on the date on which the threshold was crossed or reached viii
    A: Voting rights attached to shares
    Class/type of
    shares
    ISIN code (if possible)

    		Number of voting rights ix% of voting rights
    Direct
    (DTR5.1)    		Indirect
    (DTR5.2.1)    		Direct
    (DTR5.1)    		Indirect
    (DTR5.2.1)
    GB00BG5NDX913,936,49205.20%0
         
         
    SUBTOTAL 8. A3,936,4925.20%
     
    B 1: Financial Instruments according to DTR5.3.1R (1) (a)
    Type of financial instrumentExpiration
    date x    		Exercise/
    Conversion Period xi    		Number of voting rights that may be acquired if the instrument is
    exercised/converted.    		% of voting rights
    n/an/an/an/an/a
         
         
      SUBTOTAL 8. B 1  
     
    B 2: Financial Instruments with similar economic effect according to DTR5.3.1R (1) (b)
    Type of financial instrumentExpiration
    date x    		Exercise/
    Conversion Period xi    		Physical or cash
    Settlement xii    		Number of voting rights % of voting rights
    n/an/an/an/an/an/a
          
          
       SUBTOTAL 8.B.2  
     


    9. Information in relation to the person subject to the notification obligation (please mark the
    applicable box with an “X”)
    Person subject to the notification obligation is not controlled by any natural person or legal entity and does not control any other undertaking(s) holding directly or indirectly an interest in the (underlying) issuer xiii 
    Full chain of controlled undertakings through which the voting rights and/or the
    financial instruments are effectively held starting with the ultimate controlling natural person or legal entity (please add additional rows as necessary) xiv    		 
    Name xv% of voting rights if it equals or is higher than the notifiable threshold% of voting rights through financial instruments if it equals or is higher than the notifiable thresholdTotal of both if it equals or is higher than the notifiable threshold
    Greenstone Resources II LP5.20%0.005.20%
        
        
        
        
     
    10. In case of proxy voting, please identify:
    Name of the proxy holder 
    The number and % of voting rights held 
    The date until which the voting rights will be held 
     
    11. Additional information xvi
    Greenstone Resources II LP entered into a legally binding unconditional share purchase agreement on 12 April 2025 to sell 15,146,902 ordinary shares in Serabi Gold plc. Completion is expected to occur within 20 calendar days of the share purchase agreement, or such other date as the parties may agree. All voting and other rights in the 15,146,902 ordinary shares are retained by Greenstone Resources II LP until completion.


    Place of completionUK
    Date of completion14 April 2025

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