BlackRock Ceases to Be Substantial Shareholder in Resolute Mining Following 6 November Collateral Transfer

Aakashdeep

10 November 2026 12:56 PM AEDT

BlackRock Ceases to Be Substantial Shareholder in Resolute Mining Following 6 November Collateral Transfer

Image Source: Krish Capital Pty Ltd

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Resolute Mining (ASX:RSG) has been notified that BlackRock Group has ceased to be a substantial shareholder in the company, according to a Form 605 filing lodged on 10 November 2026, with the change in relevant interests occurring across 5 and 6 November 2026.

Key Points

BlackRock Group filed a Notice of Ceasing to be a Substantial Shareholder in Resolute Mining on 10 November 2026.
Transactions on 5 and 6 November 2026 included on-market sells, on-market buys, in specie transfers, and collateral transfers across multiple BlackRock entities.
A collateral transfer by BlackRock Advisors (UK) Limited on 6 November 2026 involved 4,260,800 ordinary shares.
The filing was authorised by Emma Okoniewski as Authorised Signatory on behalf of BlackRock.

Transactions Across Multiple BlackRock Entities on 5–6 November 2026

The changes in relevant interests recorded in the filing involved several BlackRock entities, including BlackRock Investment Management (Australia) Limited, BlackRock Fund Advisors, BlackRock Advisors (UK) Limited, and BlackRock Institutional Trust Company, National Association. Transactions on 5 November 2026 included on-market sells of ordinary shares at AUD 1.24 by BlackRock Investment Management (Australia) Limited, an on-market buy at AUD 1.25 by BlackRock Advisors (UK) Limited, and a series of in specie transfers and a collateral transfer of 6,670 shares by BlackRock Advisors (UK) Limited.

Large Collateral Transfer on 6 November 2026

On 6 November 2026, BlackRock Fund Advisors recorded an in specie transfer of 17,109 ordinary shares, while BlackRock Advisors (UK) Limited conducted on-market buys totalling 35,247 ordinary shares at AUD 1.22. Also on 6 November 2026, BlackRock Advisors (UK) Limited recorded a collateral transfer of negative 4,260,800 ordinary shares, representing the largest single transaction disclosed in the filing. The filing attributes the collateral transfers to arrangements under Global Master Securities Lending Agreements and related structures.

Securities Lending Arrangements and Voting Rights Restrictions

The filing discloses that collateral is held through a tripartite structure under which the triparty collateral manager will not act in respect of voting rights unless it receives instructions from the borrower. The securities lending agreements detailed in the filing were entered into by BlackRock Advisors Limited and BlackRock Institutional Trust Corporation, N.A. with numerous counterparties under Global Master Securities Lending Agreements. The filing states that a copy of the relevant agreement will be provided to Resolute Mining or the Australian Securities and Investments Commission upon request.

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