Holdings in Company - TR-1s and PCA

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	[phone]

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
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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