Issue of Equity & Total Voting Rights
First Class Metals PLC has announced the conversion of £43,500 worth of convertible loan notes, resulting in the issuance of 5,311,355 new Ordinary Shares. This conversion, which occurred on March 10, 2026, will increase the company's total issued ordinary share capital to 287,834,413 shares, with an equivalent total number of voting rights. Admission of these new shares to the London Stock Exchange is expected on or around March 20, 2026.
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| Notes to be converted: * & ** | 43,500 |
| Value of Notes to be converted: | £43,500 |
| Date of conversion: | 10/03/2026 |
| Number of Ordinary shares to be issued to satisfy the conversion | 5,311,355 |
* Notes = 350,000 £1.00 interest-free convertible loan notes
** Using the conversion formula set out in the 30 Jan 2026 announcement
Application will be made to the London Stock Exchange for the 5,311,355 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 20th 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 287,834,413 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 287,834,413. 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.