{"id":129457,"title":"Focus Xplore PLC (AIM: FOX) investor lifts stake above key threshold","publisher":"Share Talk","author":"sharetalk","published":"2025-11-20T08:33:18+00:00","modified":"2025-11-20T08:33:55+00:00","canonical_url":"https://www.share-talk.com/focus-xplore-plc-aim-fox-investor-lifts-stake-above-key-threshold/","markdown_url":"https://www.share-talk.com/focus-xplore-plc-aim-fox-investor-lifts-stake-above-key-threshold.md","json_url":"https://www.share-talk.com/focus-xplore-plc-aim-fox-investor-lifts-stake-above-key-threshold.json","category":"Mining","categories":["Mining"],"tags":["canada","Focus Xplore PLC","FOX","Louis Scheepers","Nick O'Reilly","Ontario","Patrick Cullen","Planetary AI Limited","Sean Wade","Tinus Maree"],"featured_image":"https://i0.wp.com/www.share-talk.com/wp-content/uploads/2025/11/G3cXAcNXsAAtSrY.webp?fit=750%2C406&quality=80&ssl=1","format":"news","language":"en-GB","content":"[Focus Xplore PLC (AIM: FOX)](https://www.investegate.co.uk/announcement/rns/focus-xplore-plc--fox/holding-s-in-company/9245464) 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.\n\nThe 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.\n\n**TR-1: Standard form for notification of major holdings**\n\nDetails of person subject to the notification obligation\n\n**Name**\n\nFirst Equity Limited\n\nCity of registered office (if applicable)\n\nLondon\n\nCountry of registered office (if applicable)\n\nUnited Kingdom\n\n|   |   |   |\n| --- | --- | --- |\n| Name | City of registered office | Country of registered office |\n| Estate of William Black |  |  |\n| Armstrong Investments Limited | Douglas | Isle of Man |\n\nDetails of the shareholder\n\n|   |   |   |\n| --- | --- | --- |\n| Name | City of registered office | Country of registered office |\n| Nortrust Nominees Limited | London | United Kingdom |\n\nDate on which the threshold was crossed or reached: 18-Nov-2025\n\nDate on which Issuer notified: 19-Nov-2025\n\nTotal positions of person(s) subject to the notification obligation\n\n|   |   |   |   |   |\n| --- | --- | --- | --- | --- |\n|  | % 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 |\n| Resulting situation on the date on which threshold was crossed or reached | 6.969551 | 0.000000 | 6.969551 | 242500000 |\n| Position of previous notification (if applicable) | 5.728334 | 0.000000 | 5.728334 |  |\n\nNotified details of the resulting situation on the date on which the threshold was crossed or reached\n\nVoting rights attached to shares\n\n|   |   |   |   |   |\n| --- | --- | --- | --- | --- |\n| 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) |\n| GB00BSNBL022 | 242500000 | 0 | 6.969551 | 0.000000 |\n| Sub Total 8.A | 242500000 | 6.969551% |  |  |\n\n8B1. Financial Instruments according to (DTR5.3.1R.(1) (a))\n\n|   |   |   |   |   |\n| --- | --- | --- | --- | --- |\n| 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 |\n|   |  |  |  |  |\n| Sub Total 8.B1 |  |  |  |  |\n\nFinancial Instruments with similar economic effect according to (DTR5.3.1R.(1) (b))\n\n|   |   |   |   |   |   |\n| --- | --- | --- | --- | --- | --- |\n| Type of financial instrument | Expiration date | Exercise/conversion period | Physical or cash settlement | Number of voting rights | % of voting rights |\n|   |  |  |  |  |  |\n| Sub Total 8.B2 |  |  |  |  |  |\n\nInformation in relation to the person subject to the notification obligation\n\nFull 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)\n\n|   |   |   |   |   |\n| --- | --- | --- | --- | --- |\n| 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 |\n| Estate of William Black | First Equity Limited as Investment Manager of Armstrong Inv Limited | 6.969551 |  | 6.969551% |\n| Estate of William Black | Armstrong Investments Limited |  |  |  |\n\n**ENDS**\n\nEnquiries:\n\n|   |   |   |   |\n| --- | --- | --- | --- |\n| Patrick Cullen | [info@focusXplore.com](mailto:info@focusXplore.com) | Focus Xplore PLC | Chief Executive Officer |\n|  |  |  |  |\n| Jason Robertson | +44 (0) 207 374 2212 | First Equity Limited | Corporate Broker |\n| Corporate Website: [www.focusXplore.com](http://www.focusxplore.com/) | LinkedIn: [Focus Xplore PLC](https://www.linkedin.com/company/focus-xplore-plc) | X: [@focusXplore](https://x.com/focusxplore) |  |"}