BlackRock, Inc. has formally notified authorities regarding an increase in its aggregate shareholding in Sammaan Capital Ltd. The disclosure, made on March 13, 2026, confirms that the holding, managed on behalf of discretionary clients, crossed the mandatory threshold. The acquisition involved purchasing 562,942 shares via On Market Transactions, resulting in a 0.06% increase in voting rights.
Mandatory Disclosure Filed by BlackRock
On March 13, 2026, BlackRock, Inc., acting on behalf of its discretionary management clients, filed a formal disclosure concerning its investment in SAMMAAN CAPITAL LTD. This notification was necessitated because the aggregate holding of voting rights crossed a prescribed threshold under the relevant takeover regulations.
Details of the Acquisition Activity
The filing details a specific acquisition event that occurred on 11-March-2026 via On Market Transaction. The total number of shares acquired carrying voting rights amounted to 562,942. This purchase resulted in an increase of 0.06% in both the total share capital and the total diluted share capital of Sammaan Capital Ltd.
Holding Before and After Transaction
Prior to this transaction, BlackRock’s holding stood at 62,170,886 shares, representing 7.62% of the total share capital. Following the acquisition of 562,942 shares, the resultant aggregate holding increased to 62,733,828 shares, corresponding to 7.68% of the total voting capital. The total diluted share capital of Sammaan Capital Ltd remained constant at 815,813,760 shares both before and after the acquisition.
Summary of Holdings
- Shares Acquired: 562,942
- Percentage Increase (Voting Rights): 0.06%
- New Total Holding (%): 7.68%
- Acquisition Date: 11-March-2026
Source: BSE
