Issue of Equity & Total Voting Rights
First Class Metals PLC has announced the issuance of 7,586,139 new Ordinary Shares following the conversion of £62,000 worth of convertible loan notes, with admission expected on March 11, 2026. This conversion increases the company's total issued ordinary share capital to 280,333,368 shares, with the same number representing the total voting rights.
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| Notes to be converted: * & ** | 62,000 |
| Value of Notes to be converted: | £62,000 |
| Date of conversion: | 28/02/2026 |
| Number of Ordinary shares to be issued to satisfy the conversion | 7,586,139 |
* Notes = 500,000 £1.00 interest-free convertible loan notes
** Using the conversion formula set out in the 12 Nov 2025 announcement
Application will be made to the London Stock Exchange for the 7,586,139 new Ordinary shares to be admitted to trading on the Main Market for listed securities ("Admission") and it is expected that such Admission will take place at 8.00 a.m. on or around on 11th March 2026.
In accordance with the provision of the Disclosure Guidance and Transparency Rules of the Financial Conduct Authority, the Company confirms that, following the issue of the above new Ordinary shares, its issued ordinary share capital will comprise 280,333,368 Ordinary Shares. All the Ordinary Shares have equal voting rights and none of the Ordinary Shares are held in Treasury. The total number of voting rights in the Company will therefore be 280,333,368. The above figure may be used by shareholders as the denominator for the calculations to determine if they are required to notify their interests in, or a change to their interest in, the Company.
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.