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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Adriatic Metals Plc | LSE:ADT1 | London | Ordinary Share | GB00BL0L5G04 | ORD 1.3355P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.50 | 0.21% | 242.50 | 242.00 | 243.00 | 243.00 | 240.00 | 242.00 | 56,456 | 16:21:05 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Lead And Zinc Ores | 0 | -28.93M | -0.0988 | -46.66 | 1.35B |
TIDMADT1
RNS Number : 8550Y
Adriatic Metals PLC
05 January 2024
5 January 2024
Adriatic Metals PLC
("Adriatic Metals" or the "Company")
ALLOTMENT OF SHARES
Adriatic Metals PLC (ASX:ADT, LSE:ADT1, OTCQX:ADMLF ) announces that it has allotted 1,909,000 new ordinary shares of GBP0.013355 each ("Shares") in connection with the exercise of 1,909,000 unlisted warrants at an issue price of GBP0.88 per share for a total consideration of GBP 1,679,920 .00. The Shares rank pari passu with the existing Ordinary shares.
Application will be made to the Financial Conduct Authority ("FCA") for admission of the Shares to the standard segment of the FCA's Official List and to the London Stock Exchange for admission of the Shares to trading on the Main Market of the London Stock Exchange's Main Market for listed securities ("Admission"). Admission of the Shares is expected to take place on or around 19 January 2024 .
The Company confirms that as at the date of this announcement, the Company's issued share capital comprises 294,855,069 ordinary shares of GBP0.013355 each, with each share carrying the right to one vote. The Company does not hold any ordinary shares in treasury.
The above figure of 294,855,069 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 of a change to their interest in the Company under the FCA's Disclosure and Transparency Rules.
An Appendix 3G (unquoted schedule update) in relation to the allotment of the Shares will also be filed with the Australian Securities Exchange (ASX) and will be available on the Company's website:
https://www.adriaticmetals.com/investors/asx-announcements/
** ENDS **
Market Abuse Regulation Disclosure
The information contained within this announcement is deemed by the Company (LEI: 549300OHAH2GL1DP0L61) to constitute inside information for the purpose of Article 7 of EU Market Abuse Regulation (EU) No. 596/2014 as it forms part of UK domestic law by virtue of the European Union (Withdrawal) Act 2018, as amended.
The person responsible for arranging and authorising the release of this announcement on behalf of the Company is Paul Cronin, Managing Director and CEO.
For further information please visit: www.adriaticmetals.com ; email: info@adriaticmetals.com , @AdriaticMetals on Twitter; or contact:
Adriatic Metals PLC Paul Cronin / Klara Kaczmarek Via Buchanan Buchanan Tel: +44 (0) 20 7466 5000 Bobby Morse / Oonagh Reidy adriatic@buchanan.uk.com Morgans Corporate Limited Rob Douglas / Sam Warriner / Mitch Duffy Tel: +61 7 3334 4888 RBC Capital Markets James Agnew / Jamil Miah Tel: +44 (0) 20 7653 4000 Stifel Nicolaus Europe Limited Ashton Clanfield / Callum Stewart / Varun Tel: +44 (0) 20 7710 Talwar 7600 Citadel Magnus Cameron Gilenko Tel: +61 2 8234 0100
ABOUT ADRIATIC METALS
Adriatic Metals PLC (ASX:ADT, LSE:ADT1, OTCQX:ADMLF) is a precious and base metals developer that is advancing the world-class Vares Silver Project in Bosnia & Herzegovina, as well as the Raska Zinc-Silver Project in Serbia. The Vares Silver Project is fully funded to production, which is expected in Q1 2024. Concurrent with ongoing construction activities, the Company continues to explore across its highly prospective 44km(2) concession package.
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
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(END) Dow Jones Newswires
January 05, 2024 12:16 ET (17:16 GMT)
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