Molten Ventures Plc Reports Change in Major Shareholdings by BlackRock, Inc.

Molten Ventures Plc has announced a significant shift in its shareholding structure, following a notification about changes in the holdings by BlackRock, Inc. According to the notification, the change occurred on May 2, 2024, when BlackRock's total voting rights in Molten Ventures reached 12.71%, involving a combination of direct voting rights and financial instruments.

The details reveal that BlackRock now directly owns 12.02% of the voting rights, an increase from the previously reported 11.99%, and holds financial instruments representing a further 0.69% of voting rights. This update highlights a strategic adjustment in BlackRock's investment posture in relation to the UK-based company, emphasizing alterations in voting rights accrued through securities lending and other financial instruments.

This notification also detailed the controlled undertakings of BlackRock, Inc. through which the voting rights and financial instruments are held, including entities like BlackRock Investment Management (UK) Limited, which now commands 10.91% of the direct voting rights.