Form 8 (OPD)
Metals X Limited, acting as the offeror, has disclosed its public opening position in First Tin plc's 0.1p ordinary securities as of October 20, 2026. The company holds interests in 162,309,524 relevant securities, representing 29.95% of the class, with no short positions or rights to subscribe for new securities. There are no disclosed interests, short positions, or subscription rights held by persons acting in concert with Metals X Limited, nor are there any indemnity or dealing arrangements related to the offer.
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KEY INFORMATION
| (a) Full name of discloser: | Metals X Limited |
| (c) Name of offeror/offeree in relation to whose relevant securities this form relates: Use a separate form for each offeror/offeree | First Tin plc |
| (d) Is the discloser the offeror or the offeree? | OFFEROR |
| (e) Date position held: The latest practicable date prior to the disclosure | 20 October 2026 |
POSITIONS OF THE PARTY TO THE OFFER MAKING THE DISCLOSURE
| Class of relevant security: | 0.1p ordinary | |||
|---|---|---|---|---|
| Interests | Short positions | |||
| Number | % | Number | % | |
| (1) Relevant securities owned and/or controlled: | 162,309,524 | 29.95 | Nil | - |
| (2) Cash-settled derivatives: | Nil | - | - | |
| (3) Stock-settled derivatives (including options) and agreements to purchase/sell: | Nil | - | - | |
| TOTAL: | 162,309,524 | 29.95 | Nil | - |
-
All interests and all short positions should be disclosed.
Rights to subscribe for new securities
| Class of relevant security in relation to which subscription right exists: | NONE |
| Details, including nature of the rights concerned and relevant percentages: | NONE |
- POSITIONS OF PERSONS ACTING IN CONCERT WITH THE PARTY TO THE OFFER MAKING THE DISCLOSURE
NONE
- OTHER INFORMATION
- Indemnity and other dealing arrangements
NONE
- Agreements, arrangements or understandings relating to options or derivatives
NONE
Attachments
Are any Supplemental Forms attached?
| Supplemental Form 8 (Open Positions) | NO |
| Supplemental Form 8 (SBL) | NO |
| Date of disclosure: | 20 October 2026 |
Public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service.
The Code can be viewed on the Panel’s website at www.thetakeoverpanel.org.uk.
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