Zinnwald Lithium PLC Total Voting Rights

RNS Number : 6035B

Zinnwald Lithium PLC

31 January 2024

 

                                                                                                                                                  31 January 2024

 

Zinnwald Lithium plc     

 

("Zinnwald Lithium" or the "Company")

 

Total Voting Rights

 

Zinnwald Lithium plc, the German focused lithium development company, announces that the Company's issued share capital as at the date of this announcement comprises 474,536,675 ordinary shares of 1 pence each, with one voting right per share ("Ordinary Shares"). The Company does not hold any ordinary shares in treasury and therefore the total number of Ordinary Shares with voting rights in the Company is 474,536,675.

 

The above figure of 474,536,675 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 share capital of the Company under the FCA's Disclosure Guidance and Transparency Rules.

 

 

For further information contact:

 

Anton du Plessis	Zinnwald Lithium plc	[e-mail]
David Hart Dan Dearden-Williams	Allenby Capital Limited (Nominated Adviser)	[phone]
Mike Seabrook Adam Pollock	Oberon Capital (Joint Broker)	[phone] [phone]
Richard Greenfield Charles Bendon	Tamesis Partner LLP (Co-Broker to the Placing)	[phone]
Isabel de Salis Paul Dulieu	St Brides Partners (Financial PR)	[e-mail]

Notes

Zinnwald Lithium plc (EPIC: ZNWD.L) is an AIM quoted, German focused lithium development company focussed on becoming an important supplier to Europe's fast-growing battery sector. The Company owns the Zinnwald Lithium Project in Germany, an advanced development project with attractive economics and approved mining licence.  Its PEA, published in September 2022 highlighted the positive economics of the Project with a Pre-tax NPV8 of US$1,605m, IRR of 39.0%, $192m EBITDA and a payback of just 3.3 years.  The Project is located in the heart of Europe's chemical and automotive industries and has the potential to be one of Europe's more advanced battery grade lithium projects.

 

 

 

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