Exercise of Option and Total Voting Rights

In brief · summary, not quotable

Metals Exploration PLC has announced the exercise of an option for 1,218,396 new ordinary shares at £0.0829 each, raising £101,005. These new shares are expected to be admitted to trading on AIM on March 6, 2026. Following this, the company will have 3,279,456,030 ordinary shares in issue, with 299,385,458 held in treasury, resulting in a total of 2,980,070,572 voting rights. This figure is important for shareholders to calculate their notification requirements under the FCA's Disclosure Guidance and Transparency Rules.

Full announcement

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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 notice of exercise of an option in respect of 1,218,396 new ordinary shares of £0.0001 each ("Ordinary Shares") with an exercise price of £0.0829 each raising a total of £101,005.

Admission and Total Voting Rights

Application has been made to the London Stock Exchange PLC for the admission of 1,218,396 new Ordinary Shares to trading on AIM ("Admission"), which is expected to take place at 8.00 a.m. on or around 6 March 2026.

Following Admission, the Company will have 3,279,456,030 Ordinary Shares in issue, of which 299,385,458 Ordinary Shares are held in treasury, and, accordingly, the total number of voting rights is 2,980,070,572. 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.