FIL limited adjusts stake in American Rare Earths

FIL Limited and its associated entities reported a change in their substantial holding in American Rare Earths Limited. The notice, dated October 16, 2025, indicates a decrease in their voting power from 8.94% (45,355,311 votes) to 7.84% (44,748,881 votes). The previous notice was given on May 21, 2025.

The changes in relevant interests include both sales and purchases of common stock between May and October 2025. Notable sales occurred on October 16, 2025, with transactions involving 1,400,421 shares, 123,232 shares, 188,139 shares, and 484,259 shares, all at AUD$0.6880. Significant purchases were recorded on July 28, 2025, including 2,191,581 shares, 229,262 shares, 353,039 shares, and 1,997,716 shares, all at AUD$0.3200.

The present relevant interest of FIL Investment Management (Hong Kong) Limited in American Rare Earths Limited includes 28,957,172 shares held through BROWN BROS HARRIMN LTD LUX (C), 9,524,692 shares through CLEARSTREAM BANKING SA LUX (C), and 6,267,017 shares through LANDESBANK BADEN-WUERTTEMBERG. These holdings represent investment discretion and voting power, totaling 44,748,881 shares.