Warrant Exercise
Panther Metals PLC has announced the exercise of warrants, resulting in the subscription of 400,000 new ordinary shares for a total consideration of £300,000. These new shares will rank pari passu with existing shares, and their admission to trading on the London Stock Exchange is expected on 28 September 2026. Following this, the company's total issued share capital will be 11,189,838 ordinary shares, with the same number of voting rights, which shareholders can use for regulatory notification calculations.
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Panther Metals Plc (LSE: PALM) announces that it has received notice of exercise of warrants ("Warrants") to subscribe for a total of 400,000 new ordinary shares of no par value each in the capital of the Company ("New Ordinary Shares"). The total consideration paid to the Company in connection with the exercise of such Warrants is £300,000.
The New Ordinary Shares will rank pari passu with the existing Ordinary Shares and application has been made for the New Ordinary Shares to be admitted to trading on the main market for listed securities of London Stock Exchange plc ("Admission"). It is expected that Admission will become effective and dealings in the New Ordinary Shares will commence at 8.00 a.m. on 28 September 2026.
Total Voting Rights
Upon Admission of the New Ordinary Shares, the Company's issued share capital will consist of 11,189,838 Ordinary Shares with one voting right each. The Company does not hold any Ordinary Shares in treasury. Therefore, the total number of voting rights in the Company will be 11,189,838. With effect from Admission, this figure may be used by shareholders in the Company 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 share capital of the Company under the Financial Conduct Authority's Disclosure Guidance and Transparency Rules.
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.