FilingReader Intelligence

Prithvi Energy Nigeria's stake in Lindian Resources diluted by new share issue

September 16, 2025 at 10:11 AM UTCBy FilingReader AI

Prithvi Energy Nigeria Ltd., a substantial holder in Lindian Resources Ltd., reported a change in its relevant interest, with its voting power decreasing from 8.494% to 6.7366%. This dilution occurred on September 15, 2025, due to the issue of new shares by Lindian Resources Ltd.

Despite the reduction in percentage, Prithvi Energy Nigeria Ltd.'s total number of votes increased from 97,953,167 to 110,381,730 shares. The nature of the change is described as a "Dilution from issue of new shares," with no consideration given in relation to this change.

As of the latest notice, Prithvi Energy Nigeria Ltd. remains the registered holder of 110,381,730 fully paid ordinary shares in Lindian Resources Ltd., maintaining a relevant interest under s608(1)(a) of the Corporations Act 2001.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

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