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First Tin PLC announced that on July 13, 2026, Arlington Group Asset Management Limited, an entity associated with Non-Executive Chairman Charles Cannon Brookes, transferred 56,655,961 Ordinary Shares, representing 10.46% of the Company's issued share capital, via a dividend in specie. These shares were distributed to Radoon Capital Limited (controlled by Mr. Cannon Brookes), which received 28,327,981 shares (5.23%), and Simon Catt, who received 28,327,980 shares (5.23%). Following this transaction, Arlington Group Asset Management Limited no longer holds First Tin PLC shares, and the ultimate beneficial interests of Mr. Cannon Brookes and Mr. Catt in the Company's shares remained unchanged.
| Date | 14 Jul 2026 |
| Time | 12:09:30 |
| Category | Holding(s) in company |
| ID | 2991M |
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:
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1. |
Details of the person discharging managerial responsibilities/person closely associated |
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a) |
Name: |
Arlington Group Asset Management Limited |
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2. |
Reason for the notification |
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a) |
Position/status: |
A person closely associated with Charles Cannon Brookes, a director |
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b) |
Initial notification/Amendment: |
Initial notification |
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3. |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
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a) |
Name: |
First Tin PLC |
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b) |
LEI: |
LEI: 984500CSA7TBE3FB7C63 |
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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 |
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a) |
Description of the financial instrument, type of instrument: Identification code: GB00BNR45554
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Ordinary shares of 0.1 pence each
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b) |
Nature of the transaction: |
Dividend in Specie |
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c) |
Price(s) and volume(s): |
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d) |
Aggregated information: Aggregated volume: Price: |
Single transaction as in 4 c) above
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e) |
Date of the transaction: |
13.07.2026 |
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f) |
Place of the transaction: |
Off market |
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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
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% 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
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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 |
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0.00% |
|
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Sub Total 8.A |
0 |
0.00% |
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8B1. Financial Instruments according to (DTR5.3.1R.(1) (a))
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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 |
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|
|
|
|
|
Sub Total 8.B1 |
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|
|
8B2. Financial Instruments with similar economic effect according to (DTR5.3.1R.(1) (b))
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Type of financial instrument |
Expiration date |
Exercise/conversion period |
Physical or cash settlement |
Number of voting rights |
% of voting rights |
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|
|
|
|
|
|
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Sub Total 8.B2 |
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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)
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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 |
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Charles Cannon Brookes |
Arlington Group Asset Management Limited |
5.23% |
0 |
5.23% |
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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% |
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Sub Total 8.A |
28,327,981 |
5.23% |
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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% |
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5.23% |
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|
|
|
|
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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% |
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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:
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First Tin |
Via SEC Newgate below |
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Bill Scotting - Chief Executive Officer
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Arlington Group Asset Management Limited (Financial Advisor and Joint Broker) |
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Simon Catt
Tamesis Partners LLP (Joint Broker) Richard Greenfield / Charlie Bendon
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+44 (0)20 7389 5016
+44 (0)20 3882 2868 |
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Zeus Capital Limited (Joint Broker) |
+44 (0)20 3829 5000 |
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Harry Ansell / Dan Bristowe / Katy Mitchell
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SEC Newgate (Financial Communications) |
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Robin Tozer / George Esmond / Gwen Samuel |
+44 (0)7540 106366 |
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.