Share Capital Increase
Aterian Plc announced on 6 November 2025 the issue of 226,500 new Ordinary Shares, each with a par value of 10p. These shares are being issued to compensate advisors and suppliers in lieu of cash, also serving as long-term performance incentivisation. Following this issuance, which is expected to be admitted to the Official List and trading on the London Stock Exchange around 12 November, the company's enlarged issued share capital will total 15,028,544 Ordinary Shares. This increase in share capital, while preserving cash, results in a slight dilution for existing shareholders and impacts the total voting rights denominator for regulatory disclosures.
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Aterian Plc (LSE: ATN), the Africa-focused critical minerals exploration and development company, announces the issue of 226,500 New Ordinary Shares at the par value of 10p. The shares compensate advisors and suppliers in lieu of cash compensation and serve as long term performance incentivisation.
Accordingly, the Company has allotted the New Ordinary Shares to the providers and such shares will rank pari passu in all respects with the existing ordinary shares of the Company. An application will be made for the New Ordinary Shares to be admitted to the Official List and to trading on the London Stock Exchange, with admission expected to occur on or around 12 November ("Admission"). Following the issue of the New Ordinary Shares, the Company's enlarged issued share capital will comprise 15,028,544 Ordinary Shares.
This figure of 15,028,544 represents the total voting rights in the Company and should be used by shareholders as the denominator for the calculation by which they can determine if they are required to notify their interest in, or a change to their interest in the Company under the Financial Conduct Authority's Disclosure Guidance & Transparency Rules.
For further information, please visit the Company's website: www.aterianplc.com or contact:
Aterian Plc:
Charles Bray, Executive Chairman - charles.bray@aterianplc.com
Simon Rollason, Director - simon.rollason@aterianplc.com
Financial Adviser and Joint Broker:
AlbR Capital Limited
David Coffman
Colin Rowbury
Joint Broker:
SP Angel Corporate Finance LLP
Ewan Leggat / Adam Cowl
Financial PR:
Bald Voodoo - ben@baldvoodoo.com
Ben Kilbey
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.