13 December 2024
Adriatic Metals PLC
("Adriatic Metals" or the "Company")
Award of
Performance Rights
Adriatic Metals PLC (ASX:ADT,
LSE:ADT1, OTCQX:ADMLF)
announces that on 12 December 2024 it granted a
total of 1,027,956 performance rights ("PRs") vesting on 22 May 2027 to staff
under the Company's Employment Incentive Plans. Each PR gives
the holder the right to one new ordinary share of £0.013355 in the
capital of the Company, subject to satisfying performance-related
vesting conditions.
Market Abuse Regulation
Disclosure
The information contained within
this announcement is deemed by the Company (LEI:
549300OHAH2GL1DP0L61) to constitute inside information for the
purposes of Article 7 of the Market Abuse Regulation (EU) No
596/2014 as it forms part of UK domestic law by virtue of the
European Union (Withdrawal) Act 2018, as amended ("UK Market Abuse
Regulation").
The person responsible for
arranging and authorising the release of this announcement on
behalf of Adriatic is Laura Tyler, Managing Director and
CEO.
-ends-
Authorised by Laura Tyler, Managing
Director & CEO of Adriatic Metals
For further information please
visit: www.adriaticmetals.com;
email: info@adriaticmetals.com,
@AdriaticMetals
on Twitter; or contact:
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Adriatic Metals PLC
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Klara Kaczmarek
GM - Corporate
Development
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Tel: +44 (0) 7859 048228
Klara.kaczmarek@adriaticmetals.com
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Burson Buchanan
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Tel: +44 (0) 20 7466 5000
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Bobby Morse / Christopher
Jones
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adriatic@buchanan.uk.com
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Morgans Corporate Limited
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Rob Douglas / Sam Warriner / Mitch
Duffy
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Tel: +61 7 3334 4888
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RBC
Capital Markets
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Farid Dadashev / James Agnew / Jamil
Miah
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Tel: +44 (0) 20 7653 4000
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Stifel Nicolaus Europe Limited
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Ashton Clanfield / Callum Stewart /
Varun Talwar
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Tel: +44 (0) 20 7710 7600
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Morrow Sodali
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Cameron Gilenko
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Tel: +61 466 984 953
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ABOUT ADRIATIC METALS
Adriatic Metals Plc (ASX:ADT,
LSE:ADT1, OTCQX:ADMLF) is a precious and base metals developer that
is advancing the world-class Vares Silver Operation in Bosnia &
Herzegovina, as well as the Raska Zinc-Silver Project in Serbia.
First concentrate production took place in February 2024 and the
Vares Silver Operation is fully funded to nameplate production,
which is expected in Q4 2024. Concurrent with ongoing operational
activities, the Company continues to explore across its highly
prospective 44km2 concession package.
MARKET ABUSE REGULATION
DISCLOSURE
The information contained within
this announcement is deemed by the Company (LEI:
549300OHAH2GL1DP0L61) to constitute inside information for the
purpose of Article 7 of EU Market Abuse Regulation (EU) No.
596/2014 as it forms part of UK domestic law by virtue of the
European Union (Withdrawal) ACT 2018, as amended. The person
responsible for arranging and authorising the release of this
announcement on behalf of the Company is Laura Tyler, Managing
Director & CEO.
