Holding(s) in Company

Summary by AI BETAClose X

First Tin PLC has announced a transfer of 56,655,961 ordinary shares, representing 10.46% of the company's issued share capital, from Arlington Group Asset Management Limited to Radoon Capital Limited and Simon Catt. Following this dividend in specie transaction on July 13, 2026, Arlington Group Asset Management Limited no longer holds shares, while Mr. Charles Cannon Brookes, through Radoon Capital Limited, and Mr. Catt will each beneficially hold 5.23% of the company's shares, totaling 28,327,981 and 28,327,980 shares respectively. This transaction does not alter the ultimate beneficial interests of Mr. Cannon Brookes and Mr. Catt in First Tin PLC.

Disclaimer*

First Tin PLC
14 July 2026
 

14 July 2026

First Tin PLC

("First Tin" or "the Company")

Directors dealing and holdings in Company

First Tin PLC, a tin development company with advanced, low capex projects in Germany and Australia, announces that it has been notified that Arlington Group Asset Management Limited, an entity closely associated with Mr. Charles Cannon Brookes, Non-Executive Chairman at the Company, has transferred, by way of dividend in specie, 56,655,961 Ordinary Shares in First Tin representing 10.46% of the Company's issued Ordinary Share Capital into the names of Radoon Capital Limited (100% controlled by Charles Cannon Brookes) and Simon Catt. The transfer occurred on 13th July 2026.

Following this transaction, Arlington Group Asset Management Limited no longer holds any Ordinary Shares in the Company. Mr. Cannon Brookes will hold a beneficial interest in 28,327,981 Ordinary Shares, representing 5.23% of the Company's issued Ordinary Share capital, and Mr. Catt will hold a beneficial interest in 28,327,980 shares, representing 5.23% of the Company's issued Ordinary Share capital.

Charles Cannon Brookes and Simon Catt each hold a 50 per cent. interest in Arlington Group Asset Management Limited.

As such, this transaction has not resulted in any change to the ultimate beneficial interests of Mr. Cannon Brookes and Mr. Catt in the Company's Ordinary Shares.

 

NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM:

1. 

Details of the person discharging managerial responsibilities/person closely associated

a)

Name:

Arlington Group Asset Management Limited

2. 

Reason for the notification

a)

Position/status:

A person closely associated with Charles Cannon Brookes, a director

b)

Initial notification/Amendment:

Initial notification

3. 

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name:

First Tin PLC

b)

LEI:

LEI: 984500CSA7TBE3FB7C63

4. 

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

Description of the financial instrument, type of instrument:

Identification code:  GB00BNR45554

 

Ordinary shares of 0.1 pence each

 

b)

Nature of the transaction:

Dividend in Specie

c)

Price(s) and volume(s):

 

Price(s)

Volume(s)

Nil

 56,655,961



d)

Aggregated information:

Aggregated volume:

Price:

Single transaction as in 4 c) above

Price(s)

Volume(s)





e)

Date of the transaction:

13.07.2026

f)

Place of the transaction:

 Off market

 

1. Issuer Details

ISIN

GB00BNR45554

Issuer Name

FIRST TIN PLC

UK or Non-UK Issuer

UK

2. Reason for Notification

An acquisition or disposal of voting rights

3. Details of person subject to the notification obligation

Name

Arlington Group Asset Management Ltd.

City of registered office (if applicable)

London

Country of registered office (if applicable)

United Kingdom

4. Details of the shareholder

Full name of shareholder(s) if different from the person(s) subject to the notification obligation, above

 

City of registered office (if applicable)

 

Country of registered office (if applicable)

 

5. Date on which the threshold was crossed or reached

13-July-2026

6. Date on which Issuer notified

13-July-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

Resulting situation on the date on which threshold was crossed or reached

0.00%

0.000000

0.00 %

0

Position of previous notification (if applicable)

10.46 %

0.000000

10.46%

56,655,961

8. Notified details of the resulting situation on the date on which the threshold was crossed or reached

8A. 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)

GB00BNR45554

0


0.00%


Sub Total 8.A

0

0.00%

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




8B2. 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




9. Information in relation to the person subject to the notification obligation

2. 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

Charles Cannon Brookes

Arlington Group Asset Management Limited

5.23%

0

5.23%

Simon Catt

Arlington Group Asset Management Limited

5.23%

0

5.23%

10. In case of proxy voting

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

 

12. Date of Completion

13-July-2026

13. Place Of Completion

London, UK

 

 

1. Issuer Details

ISIN

GB00BNR45554

Issuer Name

FIRST TIN PLC

UK or Non-UK Issuer

UK

2. Reason for Notification

An acquisition or disposal of voting rights

3. Details of person subject to the notification obligation

Name

Radoon Capital Limited

City of registered office (if applicable)

London

Country of registered office (if applicable)

United Kingdom

4. Details of the shareholder

Full name of shareholder(s) if different from the person(s) subject to the notification obligation, above

 

City of registered office (if applicable)

 

Country of registered office (if applicable)

 

5. Date on which the threshold was crossed or reached

13-July-2026

6. Date on which Issuer notified

13-July-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

Resulting situation on the date on which threshold was crossed or reached

5.23%

0.000000

5.23 %

28,327,981

Position of previous notification (if applicable)

0.00 %

0.000000

0.00 %

0

8. Notified details of the resulting situation on the date on which the threshold was crossed or reached

8A. 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)

GB00BNR45554

28,327,981


5.23%


Sub Total 8.A

28,327,981

5.23%

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




8B2. 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




9. Information in relation to the person subject to the notification obligation

2. 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

Charles Cannon Brookes

Radoon Capital Limited

5.23%


5.23%






10. In case of proxy voting

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

 

12. Date of Completion

13-July-2026

13. Place Of Completion

London, UK

 

 

1. Issuer Details

ISIN

GB00BNR45554

Issuer Name

FIRST TIN PLC

UK or Non-UK Issuer

UK

2. Reason for Notification

An acquisition or disposal of voting rights

3. Details of person subject to the notification obligation

Name

Simon Catt

City of registered office (if applicable)

London

Country of registered office (if applicable)

United Kingdom

4. Details of the shareholder

Full name of shareholder(s) if different from the person(s) subject to the notification obligation, above

 

City of registered office (if applicable)

 

Country of registered office (if applicable)

 

5. Date on which the threshold was crossed or reached

13-July-2026

6. Date on which Issuer notified

13-July-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

Resulting situation on the date on which threshold was crossed or reached

5.23%

0.000000

5.23 %

28,327,980

Position of previous notification (if applicable)

0.00 %

0.000000

0.00 %

0

8. Notified details of the resulting situation on the date on which the threshold was crossed or reached

8A. 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)

GB00BNR45554

28,327,980


5.23%


Sub Total 8.A

28,327,980

5.23%

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




8B2. 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




9. Information in relation to the person subject to the notification obligation

2. 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

Simon Catt

IFG Limited

5.23%

0

5.23%






10. In case of proxy voting

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

 

12. Date of Completion

13-July-2026

13. Place Of Completion

London, UK

 

 

Enquiries:

 

First Tin

Via SEC Newgate below

Bill Scotting - Chief Executive Officer

 


Arlington Group Asset Management Limited (Financial Advisor and Joint Broker)


Simon Catt

 

Tamesis Partners LLP (Joint Broker)

Richard Greenfield / Charlie Bendon

 

+44 (0)20 7389 5016

 

+44 (0)20 3882 2868

Zeus Capital Limited (Joint Broker)

+44 (0)20 3829 5000

Harry Ansell / Dan Bristowe / Katy Mitchell

 


SEC Newgate (Financial Communications)


Robin Tozer / George Esmond / Gwen Samuel

+44 (0)7540 106366

firsttin@secnewgate.co.uk

 

Notes to Editors

First Tin PLC is an ethical, reliable, and sustainable tin production company led by a team of renowned tin specialists. The Company is focused on becoming a tin supplier in conflict-free, low political risk jurisdictions through the rapid development of high value, low capex tin assets in Germany and Australia, which have been de-risked significantly, with extensive work undertaken to date.

 

Tin is a critical metal, vital in any plan to decarbonise and electrify the world, yet Europe and North America have very little supply. Rising demand, together with shortages, is expected to lead tin to experience sustained deficit markets for the foreseeable future.

 

First Tin's goal is to use best-in-class environmental standards to bring two tin mines into production in three years, providing provenance of supply to support the current global clean energy and technological revolution.

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