Chairman and CEO Subscription and TVR
Executive Chairman and CEO subscribe for new shares totalling £132,000 at 69p per share.
- Subscription amount £132,000
- Subscription price per share 69p
- CEO new shares subscribed 155,072
- CEO shareholding after subscription 7.32%
- Chairman new shares subscribed 36,232
- Chairman shareholding after subscription 1.92%
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Panther Metals plc (LSE: PALM) announces that Executive Chairman, Nicholas O'Reilly, and Chief Executive Officer, Darren Hazelwood, have undertaken a direct share subscription with the Company for a total of £132,000 at the market mid-price of 69p.
Mr Hazelwood subscribed for a total of 155,072 new shares for a consideration of £107,000.00, taking his and Mrs Hazelwood's total holding to 7.32% of the issued share capital in the Company.
Mr O'Reilly subscribed for a total of 36,232 new shares for a consideration of £25,000, taking his total holding to 113,305 Ordinary Shares equivalent to 1.92% of the issued share capital in the Company.
The Company has made applications for 191,304 new Ordinary Shares to be admitted to listing on the transitional equity segment of the Official List of the Financial Conduct Authority and to trading on the main market for listed securities of London Stock Exchange plc under the TIDM "PALM".
Admission is expected to take place at 8.00am on 3 July 2025.
The total number of Ordinary Shares in issue following Admission will be 5,891,370 and no shares are held in treasury. This number may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the FCA's Disclosure Guidance and Transparency Rules.
Panther Metals PLC:
Darren Hazelwood, Chief Executive Officer: +44(0) 1462 429 743
Broker:
SI Capital Limited
Nick Emerson +44(0) 1438 416 500
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.