SCHEDULE 13G/A: Helikon Investments and Federico Riggio Disclose 7% Stake in Eldorado Gold

Sentiment:

Beneficial Ownership Report


Helikon Investments Limited and Federico Riggio have filed an amended Schedule 13G, revealing a beneficial ownership of 7.00% in Eldorado Gold Corp, totaling 14,346,371 common shares.

Summary

  • Helikon Investments Limited, a United Kingdom public limited company, and Federico Riggio, an Italian citizen, collectively referred to as the Reporting Persons, have filed an Amendment No. 7 to Schedule 13G.
  • The filing pertains to their beneficial ownership of common shares, no par value, of Eldorado Gold Corporation.
  • As of March 31, 2025, the Reporting Persons beneficially own an aggregate of 14,346,371 common shares of Eldorado Gold Corp.
  • This ownership represents 7.00% of the total outstanding common shares of Eldorado Gold Corp, which are calculated based on 204,946,024 shares outstanding.
  • Both Helikon Investments Limited and Federico Riggio share voting and dispositive power over all 14,346,371 shares.
  • The Reporting Persons certify that the securities were acquired and are held in the ordinary course of business and not for the purpose of or with the effect of changing or influencing the control of the issuer.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing disclosing beneficial ownership, which is neutral in sentiment. It does not contain positive or negative operational or financial news about the issuer.

Future Outlook

NA

Industry Context

NA

Stakeholder Impact

  • Shareholders: Disclosure of a significant 7.00% stake by an investment firm and individual may influence investor perception and trading activity, indicating institutional interest in Eldorado Gold Corp.

Key Dates

DateDescription
03/31/2025Date of event which requires the filing of this statement.
05/12/2025Signature date of the Schedule 13G Amendment No. 7.

Keywords

Eldorado Gold Corp, Helikon Investments Limited, Federico Riggio, Schedule 13G, Beneficial Ownership, SEC Filing, Common Shares, Investment Management, Gold Mining

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