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BlackRock Increases Stake in Molten Ventures Plc

On August 1, 2024, Molten Ventures Plc (GROW; GRW) revealed a significant change in its shareholder structure. The notification follows the acquisition of additional voting rights by BlackRock, Inc., a global investment management corporation based in Wilmington, USA.

According to the TR-1 form submitted, BlackRock's voting rights in Molten Ventures now stand at 13.36%, up from the previous 13.35%. This increase results from new shares acquired, bringing BlackRock's direct voting rights to 11.99% and an additional 1.37% through financial instruments.

The notification detailed that the threshold was crossed on July 31, 2024, with Molten Ventures being informed on August 1, 2024. This follows BlackRock's strategic investment approach and emphasizes their continued confidence in Molten Ventures’ prospects.

R. H.

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