Focus Xplore PLC (AIM: FOX) has been informed that Armstrong Investments Limited, managed by First Equity Limited, has increased its holding to 6.97% of the company’s voting rights as of 18 November 2025, crossing a key disclosure threshold.
The move marks a rise from its previous 5.73% position and brings Armstrong’s total holding to 24,250,000 voting shares, signalling strengthened backing from the investor.
TR-1: Standard form for notification of major holdings
Details of person subject to the notification obligation
Name
First Equity Limited
City of registered office (if applicable)
London
Country of registered office (if applicable)
United Kingdom
|
Name |
City of registered office |
Country of registered office |
|
Estate of William Black |
||
|
Armstrong Investments Limited |
Douglas |
Isle of Man |
Details of the shareholder
|
Name |
City of registered office |
Country of registered office |
|
Nortrust Nominees Limited |
London |
United Kingdom |
Date on which the threshold was crossed or reached: 18-Nov-2025
Date on which Issuer notified: 19-Nov-2025
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 |
|
Resulting situation on the date on which threshold was crossed or reached |
6.969551 |
0.000000 |
6.969551 |
242500000 |
|
Position of previous notification (if applicable) |
5.728334 |
0.000000 |
5.728334 |
Notified details of the resulting situation on the date on which the threshold was crossed or reached
Voting rights attached to shares
|
Class/Type of shares ISIN code(if possible) |
Number of direct voting rights (DTR5.1) |
Number of indirect voting rights (DTR5.2.1) |
% of direct voting rights (DTR5.1) |
% of indirect voting rights (DTR5.2.1) |
|
GB00BSNBL022 |
242500000 |
0 |
6.969551 |
0.000000 |
|
Sub Total 8.A |
242500000 |
6.969551% |
||
8B1. Financial Instruments according to (DTR5.3.1R.(1) (a))
|
Type of financial instrument |
Expiration date |
Exercise/conversion period |
Number of voting rights that may be acquired if the instrument is exercised/converted |
% of voting rights |
|
|
||||
|
Sub Total 8.B1 |
||||
Financial Instruments with similar economic effect according to (DTR5.3.1R.(1) (b))
|
Type of financial instrument |
Expiration date |
Exercise/conversion period |
Physical or cash settlement |
Number of voting rights |
% of voting rights |
|
|
|||||
|
Sub Total 8.B2 |
|||||
Information in relation to the person subject to the notification obligation
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 entities (please add additional rows as necessary)
|
Ultimate controlling person |
Name of controlled undertaking |
% 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 threshold |
Total of both if it equals or is higher than the notifiable threshold |
|
Estate of William Black |
First Equity Limited as Investment Manager of Armstrong Inv Limited |
6.969551 |
6.969551% |
|
|
Estate of William Black |
Armstrong Investments Limited |
**ENDS**
Enquiries:
|
Patrick Cullen |
Focus Xplore PLC |
Chief Executive Officer |
|
|
Jason Robertson |
+44 (0) 207 374 2212 |
First Equity Limited |
Corporate Broker |
|
Corporate Website: www.focusXplore.com |
LinkedIn: Focus Xplore PLC |
X: @focusXplore |
|
