Issue of Shares on Exercise of Options
GreenX Metals Limited has issued 643,572 ordinary shares following the cashless exercise of 1,500,000 unlisted options, and an application for listing on the London Stock Exchange will be submitted. Following this, the company's issued ordinary share capital will be 311,972,551 shares. Director Mark Pearce's interests have changed, with 214,524 ordinary shares issued to him after exercising 500,000 unlisted options, resulting in no change to his direct shareholding but a reduction in his unlisted options. The company also holds various other unlisted options and performance rights.
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| NEWS RELEASE | 26 June 2026 |
ISSUE OF SHARES ON EXERCISE OF UNLISTED OPTIONS
GreenX Metals Limited (GreenX or Company) advises that it has issued 643,572 ordinary fully paid shares (Shares) on the exercise of 1,500,000 unlisted options pursuant to a cashless exercise facility.
An application for the admission of the Shares to the Equity shares (international commercial companies secondary listing) listing segment of the Official List of the FCA (Official List) and to trading on the main market of the London Stock Exchange for listed securities (LSE Admission) will be submitted in due course.
For the purposes of the Financial Conduct Authority's Disclosure Guidance and Transparency Rules (DTRs), following LSE Admission, the Company's issued ordinary share capital will be 311,972,551 ordinary shares. The above figure of 311,972,551 may be used by shareholders as the denominator for the calculations by which they can determine if they are required to notify their interest in, or a change to their interest in, the Company following LSE Admission.
Following the issue of Shares and unlisted options, GreenX has the following securities on issue:
- 311,972,551 ordinary fully paid shares;
- 11,000,000 performance rights that have an expiry date 8 October 2026;
- 4,025,000 unlisted options exercisable at A$0.55 each on or before 30 November 2026;
- 7,600,000 unlisted options exercisable at A$1.05 each on or before 31 May 2029;
- 7,600,000 unlisted options exercisable at A$1.20 each on or before 31 May 2030; and
- 5,600,000 unlisted options exercisable at A$1.50 each on or before 31 May 2031.
A Change of Directors Interest Notice is provided below in relation to the exercise of options.
Introduced 30/09/01 Amended 01/01/11
Name of entity GreenX Metals Limited
ABN 23 008 677 852
| Name of Director | Mark Pearce |
| Date of last notice | 2 December 2025 |
Part 1 - Change of director's relevant interests in securities
| Direct or indirect interest | Direct and Indirect |
| Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest. | NMLP Family Trust (beneficial interest) Crystal Brook Investments Pty Ltd (beneficial interest) |
| Date of change | 26 June 2026 |
| No. of securities held prior to change | a) 2,728,589 b) 500,000 c) 600,000 d) 600,000 |
| Class | a) Fully paid ordinary shares b) Unlisted incentive options exercisable at A$0.55 each on or before 30 November 2026 c) Unlisted incentive options exercisable at A$1.05 each on or before 31 May 2029 d) Unlisted incentive options exercisable at A$1.20 each on or before 31 May 2030 |
| Number acquired | a) 214,524 |
| Number disposed | b) (500,000) |
| Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation | Issue of 214,524 ordinary shares following the exercise of 500,000 unlisted options pursuant to a cashless exercise facility |
| No. of securities held after change | a) 2,728,589 b) - c) 600,000 d) 600,000 |
| Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back | Issue of ordinary shares following the exercise of unlisted options pursuant to a cashless exercise facility |
| Part 2 - Change of director's interests in contracts | |
| Detail of contract | Not applicable |
| Nature of interest | Not applicable |
| Name of registered holder (if issued securities) | Not applicable |
| Date of change | Not applicable |
| Interest acquired | Not applicable |
| Interest disposed | Not applicable |
| Interest after change | Not applicable |
| Part 3 - +Closed period | |
| If prior written clearance was provided, on what date was this provided? | Not applicable |
| Initial notification/Amendment | Initial |
| LEI | 213800EHCGNYSCN9T108 |
| Place of transaction | Australian Securities Exchange (ASX) |
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.