Bluebird Mining Vnt. - Holdings in Company - TR-1s and PCA
Released
Released
Announcement PDF
RNS Number : 6541W
Bluebird Mining Ventures Ltd
29 September 2026
29 September 2026
Bluebird Mining Ventures Ltd
("BMV" or the "Company")
Holdings in Company - TR-1s and PCA
Bluebird Mining Ventures Ltd (LSE: BMV) (the “Company” or “BMV”), previously announced on 18
September 2026 certain issues of ordinary shares of no par value (“Shares”) and on 25 September 2026
announced the admission of certain of those Shares. The Company has now submitted a major
shareholder notification due to the dilution this Share issue caused which is detailed below. The Company
has also received notifications from Skylake Management LLP (“Skylake”) to reflect the Shares it has
received directly from the Company and Shares received in its capacity as a contractor to the Company,
which are set out below. The Company confirms that the 203,635,601 Shares issued to contractors from
the contractor pool were issued at a price £0.000691 (save for 86,109,086 Shares which were issued to
Skylake at £0.0015) both of which are at a premium to the 10-day volume weighted average price at issue,
which is the Company’s expected benchmark for issues of shares to contractors.
For further information, please contact;
Bluebird Mining Ventures Ltd
Sath Ganesarajah, Chief Executive Officer c/o Yellow Jersey PR
Yellow Jersey PR
Charles Goodwin / Annabelle Wills +44 (0)20 3004 9512
Investor questions on this announcement
We encourage all investors to share questions on this announcement via our investor hub:
https://ir.bmvbtc.com/link/PB5zQr
About Bluebird Mining Ventures Ltd
Bluebird Mining Ventures Ltd (LSE: BMV) is a gold streaming, mining and treasury company focused on
building long-term shareholder value through disciplined capital allocation into scarce real-world assets.
The Company applies a capital-light streaming and royalty model across opportunities in metals, energy
and treasury management, seeking to generate recurring cash flows while maintaining a strong focus on
balance sheet discipline and long-term net asset value growth.
Drawing on its heritage in precious metals, BMV aims to develop scalable investment platforms that
provide exposure to scarce assets without the operational risks associated with direct ownership or
operation.
For more information, please visit www.bmvbtc.com.
TR-1: Standard form for notification of major holdings
NOTIFICATION OF MAJOR HOLDINGS (to be sent to the relevant issuer and to the FCA in Microsoft Word format if
possible) i
1a. Identity of the issuer or the underlying issuer of
existing shares to which voting rights are attached ii
:
Bluebird Mining Ventures Ltd
1b. Please indicate if the issuer is a non-UK issuer (please mark with an “X” if appropriate)
Non-UK issuer X
2. Reason for the notification (please mark the appropriate box or boxes with an “X”)
An acquisition or disposal of voting rights X
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
Name Bluebird Mining Ventures Ltd
City and country of registered office (if applicable) Tortola, British Virgin Islands
4. Full name of shareholder(s) (if different from 3.) v
Name Skylake Management LLP
City and country of registered office (if applicable) London
5. Date on which the threshold was crossed or reached
vi
:
25/09/2026
6. Date on which issuer notified (DD/MM/YYYY): 28/09/2026
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 reached
12.75922
N/A
12.75922 410,294,114
Position of previous
notification (if
applicable)
17.62812 N/A
17.62812
503,635,601
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)
Ordinary 410,294,114 12.75922
SUBTOTAL 8. A 410,294,114 12.75922
B 1: Financial Instruments according to DTR5.3.1R (1) (a)
Type of financial
instrument
Expiration
date x
Exercise/
Conversion Period xi
Number of voting rights
that may be acquired if
the instrument is
exercised/converted.
% of voting rights
SUBTOTAL 8. B 1
B 2: Financial Instruments with similar economic effect according to DTR5.3.1R (1) (b)
Type of financial
instrument
Expiration
date x
Exercise/
Conversion
Period xi
Physical or cash
Settlement xii
Number of
voting rights
% of voting rights
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
X
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 threshold
Total of both if it equals or
is higher than the
notifiable threshold
Skylake Management LLP 12.75922 12.75922
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
The shares registered in this notification (the "Trust Shares") are held by Skylake Management LLP ("Skylake")
pursuant to a deed of trust under which Bluebird Mining Ventures Ltd ("BMV") controls the voting rights attached to
the Trust Shares. Accordingly, BMV is an indirect holder of the Trust Shares, which are legally held by Skylake as
trustee for the beneficiaries of the trust, none of whom is BMV.
Place of completion London
Date of completion 28.09.2026
TR-1: Standard form for notification of major holdings
NOTIFICATION OF MAJOR HOLDINGS (to be sent to the relevant issuer and to the FCA in Microsoft Word format if
possible) i
1a. Identity of the issuer or the underlying issuer of
existing shares to which voting rights are attached ii
:
Bluebird Mining Ventures Ltd
1b. Please indicate if the issuer is a non-UK issuer (please mark with an “X” if appropriate)
Non-UK issuer X
2. Reason for the notification (please mark the appropriate box or boxes with an “X”)
An acquisition or disposal of voting rights X
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
Name Skylake Management LLP
City and country of registered office (if applicable) London
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
:
25/09/2026
6. Date on which issuer notified (DD/MM/YYYY): 28/09/2026
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 reached
20.69062
N/A
20.69062 665,341,487
Position of previous
notification (if
applicable)
7.46704 N/A 7.46704 213,333,333
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)
Ordinary
665,341,487 20.69062
SUBTOTAL 8. A
665,341,487 20.69062
B 1: Financial Instruments according to DTR5.3.1R (1) (a)
Type of financial
instrument
Expiration
date x
Exercise/
Conversion Period xi
Number of voting rights
that may be acquired if
the instrument is
exercised/converted.
% of voting rights
SUBTOTAL 8. B 1
B 2: Financial Instruments with similar economic effect according to DTR5.3.1R (1) (b)
Type of financial
instrument
Expiration
date x
Exercise/
Conversion
Period xi
Physical or cash
Settlement xii
Number of
voting rights
% of voting rights
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
X
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 threshold
Total of both if it equals or
is higher than the
notifiable threshold
Sath Ganesarajah 20.69062 20.69062
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
The shares registered in this notification are those beneficially held by Skylake Management LLP (“Skylake”) and
exclude shares held on trust by Skylake for third parties over which Skylake hold no control over the voting rights.
Skylake also received 328,666,667 ordinary shares in exchange for debt and 30,000,000 in respect of certain fees.
Place of completion London
Date of completion 28.09.2026
Name
[Include first name(s) and last name(s); if the PCA
is a legal person, state its full name, including the
legal form, if applicable, as provided in the register
where it is incorporated.]
Skylake Management LLP
Status
[State that the notification relates to a PCA and
indicate the name and job title of the relevant
PDMR.]
PCA
Reason for the notification
[Indicate whether this is an initial notification or
amendment; if an amendment, explain the
previous error that this amendment has
corrected.]
Initial notification
Description and identifier of the financial
instrument
[State the nature of the instrument, e.g. share,
debt instrument, a derivative or financial
instrument linked to a share or debt instrument.]
Bluebird Mining Ventures Ltd - Ordinary Shares
Nature of the transaction
[Describe the transaction, e.g. acquisition or
disposal, and whether it is linked to the exercise of
a share option programme; indicate if the
transaction was conducted pursuant to an
investment programme or trading plan and
provide the date on which the relevant investment
programme or trading plan was entered into.]
an obligation payable to Skylake to be satisfied
through the issue of Ordinary Shares
conversion of creditor balance owed by the
company into shares
Transfer of ordinary shares from a share
incentive trust under a trust deed dated 16
January 2026.
Transfer of ordinary shares from a share
incentive trust under a trust deed dated 16
January 2026.
Date of the transaction
[State the date on which the transaction was
executed and specify the time zone.]
All 25.09.2026
Place of the transaction
[State the trading venue where the transaction
was executed or, if none, state "outside a trading
venue".]
All CREST
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END
HOLKVLFLQKLBBBE
Price(s) and volume(s) of the transaction
[Indicate the price, including currency, and volume
of the transaction, stating the metric for quantity;
where more than one transaction of the same
nature in the same financial instrument is
executed on the same day and at the same place,
the prices and volumes of these transactions
should be separately identified; they should not be
aggregated or netted off.]
30,000,000 @ £0.005
328,666,667 @ £0.0006
86,109,086 @ £0.0015
7,232,401 @ £0.000691
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