Arc Minerals Ltd
("Arc" or the
"Company")
Investor Call, Appointment of Joint
Broker, and TVR
Arc Minerals Ltd (LSE: ARCM), an exploration
company forging partnerships to discover and develop Tier 1 copper
deposits, is pleased to make the following
updates:
Investor
Call
Arc announces that an
investor call will be held via Investor Meet Company at 12:00 BST on Thursday, 2 May 2024
which will be presented by Nick von Schirnding (Executive Chairman)
and Vassilios Carellas (Chief Operating Officer) to provide an
update on the Company's upcoming drilling programmes in Botswana
and Zambia (further details
provided below).
Appointment of
Joint Broker
Arc also announces the appointment
of Shard Capital Partners LLP as Joint Corporate Broker, alongside
the Company's Nominated Adviser and Joint Corporate Broker, W H
Ireland Limited, with effect from 1 May 2024 to help broaden
investor interest and provide additional research
coverage.
Share Buyback
and associated cancellation of ordinary shares
Following the successful completion of the
off-market share buyback of 22,539,746 ordinary shares of no par
value each from Sveriges Lärare (formerly Lärarnas Riksförbund)
(the "BuyBack Shares"), as first announced on 26 March 2024, the
Company confirms that the Buyback Shares have now been
cancelled.
Total Voting
Rights
As announced on 8 April 2024, following the
cancellation of the Buyback Shares, the total number of Ordinary
Shares in the capital of the Company in issue is 1,446,014,263 with
associated voting rights with no ordinary shares held in Treasury.
This figure may be used by shareholders as the denominator for the
calculations by which they will determine if they are required to
notify their interest in, or a change to their interest in, the
Company's share capital pursuant to the Company's articles of
association.
As a result of the cancellation of the Buyback
Shares, each shareholders' percentage shareholding has increased
and accordingly, each shareholder should ensure that they comply
with their obligations under Article 24.1 of the Company's Articles
of Association (which can be found on the Company's website at
https://www.arcminerals.com) to disclose interests in the total
voting rights of the Company.
Investor Call via Investor Meet Company
The call is open to all existing and
potential shareholders. Questions can be submitted pre-event via
your Investor Meet Company dashboard up until 9:00 BST on 1st May 2024 or
at any time during the live presentation.
Investors can sign up to Investor
Meet Company for free and add to meet Arc Minerals Ltd via:
https://www.investormeetcompany.com/arc-minerals-limited/registerInvestors
Investors who already follow Arc
Minerals Ltd on the Investor Meet Company platform will
automatically be invited.
For further information contact:
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Arc Minerals
Nick von Schirnding (Executive
Chairman)
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c/o Benchmark Communications
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WH Ireland
(Nominated Adviser & Joint Broker)
Harry Ansell/ Katy Mitchell
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Tel: +44 (0) 20 7220 1666
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Shard Capital
(Joint Broker)
Damon Heath
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Tel: +44 (0) 20 7186 9952
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Benchmark
Communications (Investor Relations)
Richard Kauffer
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Tel: +44 (0) 7841 67 3210
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For more information,
visit www.arcminerals.com.
