Reykjavík, Iceland — January 16, 2026 — Leads & Copy — Kvika banki hf. has reported a change in its holdings of Amaroq Ltd. shares, crossing a threshold on January 15, 2026. The notification, issued on January 16, 2026, details both an acquisition or disposal of voting rights and financial instruments.
Kvika banki hf., based in Reykjavík, Iceland, has disclosed its updated position regarding voting rights attached to shares of Amaroq Ltd., a non-UK issuer. The date on which the threshold was crossed or reached was January 15, 2026, with the issuer being notified on January 16, 2026.
The total position of Kvika banki hf. now stands at 2.77% of voting rights attached to shares, amounting to 12,823,288 voting rights. This is a decrease from the previous notification, which indicated 3.14% and 14,250,646 voting rights.
Specifically, the voting rights attached to shares include 12,354,458 direct voting rights and 468,830 indirect voting rights, accounting for 2.66% and 0.10% of voting rights, respectively, under ISIN code CA02312A1066.
Kvika banki hf. also holds voting rights through financial instruments. Kvika Asset Management holds the following: 1.07% (4,971,340) and 1.69% (7,851,948)
The notification confirms that Kvika banki hf. is part of a full chain of controlled undertakings, with Kvika Asset Management also holding a percentage of voting rights.
Amaroq’s principal business objectives are the identification, acquisition, exploration, and development of gold and strategic metal properties in South Greenland. The Company’s principal asset is a 100% interest in the Nalunaq Gold mine. The Company has a portfolio of gold and strategic metal assets in Southern Greenland covering the two known gold belts in the region as well as advanced exploration projects at Stendalen and the Sava Copper Belt exploring for Strategic metals such as Copper, Nickel, Rare Earths and other minerals. Amaroq is continued under the Business Corporations Act (Ontario) and wholly owns Nalunaq A/S, incorporated under the Greenland Companies Act.
Ed Westropp, Head of BD and Corporate Affairs, can be contacted at +44 (0)7385 755711 or ewe@amaroqminerals.com. Eddie Wyvill, Corporate Development, can be contacted at +44 (0)7713 126727 or ew@amaroqminerals.com.
Source: Amaroq Ltd.
