Exercise of warrants and Total Voting Rights
First Class Metals PLC announced the issuance of 8,000,000 new ordinary shares following the exercise of warrants at 2.55p per share, raising capital for the company. These new shares will rank equally with existing shares and are expected to be admitted to trading on the London Stock Exchange around June 29, 2026. Following this issuance, the company's total issued ordinary share capital will be 424,276,349 shares, with an equal number of voting rights, as no shares are held in treasury.
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First Class Metals PLC (LSE:FCM), ("First Class Metals", "FCM" or the "Company"), a UK-listed gold exploration company with assets in Ontario, announces the issue of 8,000,000 new ordinary shares of £0.001 each ("New Shares") following receipt by the Company of exercise notices from warrant holders electing to exercise warrants at 2.55p per share price. The New Shares when issued will rank pari passu with the existing ordinary shares in the Company.
Application will be made to the London Stock Exchange for the 8,000,000 New Shares to be admitted to trading on the London Stock Exchange's main market for listed securities ("Admission"). It is expected that Admission will become effective and that dealings will commence at 8.00 a.m. on or around 29 June 2026.
Total Voting Rights
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 New Shares, the Company's issued ordinary share capital will comprise 424,276,349 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 424,276,349.
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.