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WRAP Retail Offer

In brief · summary, not quotable

Technology Minerals launches retail offer of new ordinary shares at £0.0005 per share via WRAP platform.

  • Issue Price £0.0005 per Ordinary Share
  • Minimum subscription £100 per investor
  • Placing proceeds (17 July 2026) £2,000,000 net
Full announcement

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Technology Minerals Plc (LSE: TM1), the UK-listed company focused on building national resource and manufacturing resilience, is pleased to announce a retail offer via the Winterflood Retail Access Platform ("WRAP") ("WRAP Retail Offer") by the issue of new ordinary shares of £0.0005 each in the capital of the Company ("WRAP Retail Offer Shares") at a price of £0.0005 per Ordinary Share ("Issue Price").

As announced on 17 July 2026, the Company raised net proceeds of £2,000,000 through a Placing at a price of £0.0005 per Ordinary Share ("Placing"). The net proceeds of the WRAP Retail Offer are intended to be applied in the same manner as the net proceeds of the Placing, namely to advance or acquire mineral exploration and related battery metals and critical-resilience opportunities and for general working capital, in the same relative proportions as the Placing proceeds allocated to those purposes. No proceeds of the WRAP Retail Offer, however, are expected to be used to fund settlement payments to Atlas Capital Markets LLC under the Amended ACM Settlement Deed.

For the avoidance of doubt, the WRAP Retail Offer is separate from, and is not being made pursuant to or on the basis of, the Prospectus published by the Company on 17 July 2026. The Prospectus does not relate to, and does not cover, the WRAP Retail Offer or the WRAP Retail Offer Shares.

Further information on Technology Minerals is set out in the Prospectus which is available on the Company's website at www.technologyminerals.co.uk.

The Company is admitted to trading on the London Stock Exchange Main Market. All transactions, arrangements and initiatives referred to in this announcement, including any proposed equity subscriptions, facilities, placings or issuances of Ordinary Shares, are subject to the UK prospectus regime, applicable exemptions, shareholder authorities and all relevant regulatory requirements. The FCA's new public offers and admissions to trading regime came into force on 19 January 2026 and introduced the current framework for regulated market admissions and public offer platforms.

WRAP Retail Offer

The Company is making the WRAP Retail Offer open to eligible investors in the United Kingdom who are existing shareholders of the Company, through certain financial intermediaries.

The WRAP Retail Offer is expected to close at 2.00 p.m. on 23 July 2026. Eligible shareholders should note that financial intermediaries may have earlier closing times.

There is a minimum subscription of £100 per investor under the WRAP Retail Offer. The terms and conditions on which investors subscribe will be provided by the relevant financial intermediaries including relevant commission or fee charges.

The Ordinary Shares will, when issued, be credited as fully paid and will rank pari passu in all respects with existing Ordinary Shares including the right to receive dividends and other distributions declared, made or paid after their date of issue.

Technology Minerals' Mantle Strategy

Further information on Technology Minerals is available at www.technologyminerals.co.uk.

Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.

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