Historic transaction in own shares & TVR
Power Metal Resources PLC has announced a correction to a previous share acquisition, clarifying that 250,000 ordinary shares were acquired on January 26, 2026, not 252,000. Additionally, on January 21, 2026, the company purchased 51,300 ordinary shares at 15.25 pence each, all of which are held in treasury. Following these transactions, Power Metal Resources now holds 1,994,161 shares in treasury, with the total number of voting rights in the company standing at 113,616,276.
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Historic transaction in own shares
Total Voting Rights
Power Metal Resources PLC (AIM:POW) the London-listed exploration company and project incubator with a global project portfolio, announces that on 21 January 2026 it acquired 51,300 ordinary shares of 2 pence each in the capital of the Company ("Ordinary Shares") through the Company's Joint Broker, SP Angel Corporate Finance LLP, as follows:
Date of purchase: 21 January 2026
Number of Ordinary Shares purchased: 51,300 Ordinary Shares
Price paid per share: 15.25p
The Company holds these Ordinary Shares in Treasury.
Additionally, on 26 January 2026, the Company announced that it had purchased 252,000 Ordinary Shares, however, this should have stated that it had acquired 250,000 Ordinary Shares.
Following the transactions in the Company's Ordinary Shares, the Company now holds 1,994,161 shares in Treasury.
Total Voting Rights
The total number of Ordinary Shares in issue, excluding shares held in Treasury, is 113,616,276. This number represents the total voting rights in the Company and may be used by shareholders as the denominator for the calculation by which they can determine if they are required to notify their interest in, or a change to their interest in, 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.