Exercise of Options and Total Voting Rights
Metals Exploration PLC announced the exercise of options for 12,773,206 new ordinary shares at a weighted average price of £0.0733, raising £936,435.29. These new shares are expected to be admitted to trading on AIM on or around December 19, 2025. Following this, the company will have 3,240,242,138 ordinary shares in issue, with 299,385,458 held in treasury, resulting in a total of 2,940,856,680 voting rights. This figure serves as the denominator for shareholders to calculate notification requirements under the FCA's Disclosure Guidance and Transparency Rules.
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Metals Exploration plc (AIM: MTL) ("Metals Exploration" or the "Company"), a gold producer, development and exploration company with assets in the Philippines and Nicaragua, announces that it has received notices of option exercise in respect of 12,773,206 new ordinary shares of £0.0001 each ("Ordinary Shares") with a weighted average exercise price of £0.0733 each, raising £936,435.29.
Admission and Total Voting Rights
Application has been made to the London Stock Exchange PLC for the admission of 12,773,206 new Ordinary Shares to trading on AIM ("Admission"), which is expected to take place at 8.00 a.m. on or around 19 December 2025.
Following Admission, the Company will have 3,240,242,138 Ordinary Shares in issue, of which 299,385,458 Ordinary Shares are held in treasury, and, accordingly, the total number of voting rights is 2,940,856,680. Therefore, this figure may be used by shareholders in the Company as the denominator for the calculation by which they may determine if they are required to notify their interest in, or change to their interest in, the share capital of the Company under the FCA's Disclosure Guidance and Transparency Rules.
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.