TIDMPALM

RNS Number : 2714E

Panther Metals PLC

04 November 2020

Panther Metals plc

("Panther" or the "Company")

Exercise of warrants - issue of equity

Panther Metals plc (LSE: PALM), announces that it has received notice of exercise of 1,218,492 warrants to acquire 1,218,492 shares of no par value at a price of 6p per share (the "New Shares").

When issued, the New Shares will be credited as fully paid and will rank pari passu in all respects with the existing ordinary shares in the share capital of the Company, including the right to receive all dividends and other distributions declared, made or paid on or in respect of such shares after the date of issue of the New Shares.

Application will be made to the Financial Conduct Authority ("FCA") for admission of the Placing Shares to the standard listing segment of the Official List and to the London Stock Exchange (the "LSE") for admission to trading of the New Shares on the LSE's Main Market for listed securities (together "Admission"). It is expected that Admission will take place at 8.00 a.m. on 10 November 2020 and that dealings in the New Shares on the LSE's main market for listed securities will commence at the same time.

Total Voting Rights

Following Admission, the Company's total issued share capital consists of 54,127,946 Ordinary Shares. The Company does not hold any Ordinary Shares in treasury.

Therefore, following Admission, the total number of voting rights in Panther Metals plc is 54,127,946. 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 in their interest in, the Company under the FCA's Disclosure Guidance and Transparency Rules.

End

Enquiries:

 
Panther Metals plc            Darren Hazelwood      +44 (0) 1462 429 743 
                                                     and 
                               Mitchell Smith        +44 (0) 7971 957 685 
                                                     +1 (604) 209 6678 
                              Nick Emerson 
SI Capital Limited (Broker)    Sam Lomanto          +44 (0) 14 8341 3500 
                              -----------------  ------------------------ 
                              Duncan Vasey 
Peterhouse Capital Limited     Lucy Williams        +44 (0) 20 7469 0932 
                              -----------------  ------------------------

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

IOEBXBDBBGGDGGS

(END) Dow Jones Newswires

November 04, 2020 08:03 ET (13:03 GMT)

Panther Metals (LSE:PALM)
Historical Stock Chart
From Apr 2024 to May 2024 Click Here for more Panther Metals Charts.
Panther Metals (LSE:PALM)
Historical Stock Chart
From May 2023 to May 2024 Click Here for more Panther Metals Charts.