Bezant Resources PLC has confirmed that UK-based investor Jonathan Mark Swann has increased his shareholding to just over 5 percent of the company’s issued voting capital.
According to a formal TR-1 disclosure filed to the London Stock Exchange’s AIM market, Swann’s holding rose from approximately 4.07 percent to 5.19% following an acquisition on 4 July 2025. The company formally notified the market of the change on 7 July 2025.
The disclosure shows that Swann now controls 827,066,730 ordinary shares in the copper and gold exploration company, up from 641,400,000 shares. All shares are held directly, with no reported indirect holdings or positions through financial instruments.
Crossing the 5 percent threshold triggers mandatory reporting requirements under UK market rules. Investors exceeding this level must promptly disclose their positions to ensure transparency in the trading of listed securities.
Bezant Resources, listed on AIM under the ticker BZT, holds a diversified portfolio of copper and gold exploration assets across Africa and South America. Among its key interests is the Hope and Gorob Copper-Gold Project in Namibia.
Located in Namibia’s central region, the Hope and Gorob project covers a series of advanced copper-gold deposits within a granted mining licence. The project area is known for high-grade, volcanogenic massive sulphide (VMS) style mineralisation. Bezant has reported defined JORC-compliant resources and has previously outlined development options including underground mining and toll treatment.
Namibia’s established mining industry, supportive regulatory framework, and existing infrastructure make the country an attractive destination for exploration and development. Bezant has highlighted the potential for Hope and Gorob to supply copper to a growing global market focused on electrification and renewable energy technologies.
The company’s broader strategy aims to advance its Namibian assets while seeking partners or funding solutions to support further development. Bezant said it remains committed to delivering value from its exploration portfolio and will continue to update shareholders as work progresses.
No further details were provided about the purpose of Swann’s increased stake. Such moves can reflect investor confidence in the company’s assets and strategy, though they do not imply any change in control or management.
