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ARCM Arc Minerals Limited

1.775
-0.005 (-0.28%)
Last Updated: 08:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Arc Minerals Limited LSE:ARCM London Ordinary Share VGG045791016 ORDS NPV (DI)
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.005 -0.28% 1.775 1.75 1.80 1.775 1.775 1.775 444,743 08:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Investors, Nec 0 -7.34M -0.0060 -2.97 21.94M

Arc Minerals Limited Option Exercise (9071Q)

02/03/2021 2:57pm

UK Regulatory


Arc Minerals (LSE:ARCM)
Historical Stock Chart


From May 2019 to May 2024

Click Here for more Arc Minerals Charts.

TIDMARCM

RNS Number : 9071Q

Arc Minerals Limited

02 March 2021

2 March 2021

Arc Minerals Ltd

('Arc' or the 'Company')

Option Exercise

The Company is pleased to announce that it has received notice from a former director of the Company to exercise options over a total of 1,000,000 new Ordinary Shares of no par value in the share capital of the Company (the "Option Shares") at a price of 4.5 pence per share. Accordingly, the Company has today issued the New Ordinary Shares for an aggregate cash consideration of GBP45,000.

Total Voting Rights

Application will be made to the London Stock Exchange plc for 1,000,000 Option Shares to be admitted to trading on the AIM market ("Admission") with Admission expected to occur on or around 8 March 2021. The Option Shares will rank pari passu in all respects with the existing Ordinary Shares including the right to receive any dividend or other distribution thereafter declared, made or paid. There are no Ordinary Shares held in treasury. Following Admission of the 1,000,000 Option Shares the total number of voting rights in the Company will be 1,048,464,936.

For more information visit www.arcminerals.com .

Market Abuse Regulation (MAR) Disclosure

Certain information contained in this announcement would have been deemed inside information for the purposes of Article 7 of Regulation (EU) No 596/2014 until the release of this announcement.

**ENDS**

Contacts

 
 Arc Minerals Ltd 
  Nick von Schirnding (Chairman)      +44 (0) 20 7917 2942 
 SP Angel (Nominated Adviser 
  & Joint Broker) 
  Ewan Leggat / Adam Cowl             +44 (0) 20 3470 0470 
 WH Ireland Limited (Joint Broker) 
  Harry Ansell / Katy Mitchell        +44 (0) 20 7220 1666 
 

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.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

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(END) Dow Jones Newswires

March 02, 2021 09:57 ET (14:57 GMT)

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