IPConcept (Luxemburg) S.A. Discloses Position in Adriatic Metals

On May 23, 2025, IPConcept (Luxemburg) S.A. unveiled its position in securities as required by Rule 8.3 of the Takeover Code. BAKERSTEEL GLOBAL FUNDS SICAV disclosed interests in ADRIATIC METALS PLC CDIS securities, owning 4,238,896 shares, representing 1.22% of the company. This disclosure pertains to holdings as of May 22, 2025. The company's announcement emphasized transparency of interests exceeding 1% in relevant securities.

No dealings in cash-settled or stock-settled derivatives were reported, and there were no subscriptions for new securities linked to ADRIATIC METALS. Additionally, no indemnity or option agreements were linked to the disclosed securities, ensuring a straightforward position disclosure without complexities. These details substantiate IPConcept's adherence to statutory transparency requirements.