Exercise of Options and Total Voting Rights
Metals Exploration PLC has announced the exercise of options for 18,815,760 new ordinary shares at an average price of £0.0103 each, raising £193,626.50. These new shares are expected to be admitted to trading on AIM on or around 23 January 2026. Following this, the company will have 3,259,097,368 ordinary shares in issue, with 299,385,458 held in treasury, resulting in a total of 2,959,711,910 voting rights. This figure is important for shareholders to determine their notification obligations 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 18,815,760 new ordinary shares of £0.0001 each ("Ordinary Shares") with an average exercise price of £0.0103 each, raising £193,626.50.
Admission and Total Voting Rights
Application has been made to the London Stock Exchange PLC for the admission of 18,815,760 new Ordinary Shares to trading on AIM ("Admission"), which is expected to take place at 8.00 a.m. on or around 23 January 2026.
Following Admission, the Company will have 3,259,097,368 Ordinary Shares in issue, of which 299,385,458 Ordinary Shares are held in treasury, and, accordingly, the total number of voting rights is 2,959,711,910. 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.