MetalNRG PLC - Share Placing
THIS ANNOUNCEMENT AND THE INFORMATION CONTAINED HEREIN IS RESTRICTED AND NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR INTO
This announcement is for information purposes only and is not a prospectus and not an offer of securities for sale in any jurisdiction, including in
As a Standard listed company, the number of Ordinary Shares issued under the Placing was limited to 20 per cent of the Company's issued ordinary share capital. The Placing, which was oversubscribed, was arranged through
The Placing & Admission
The Placing Shares will be issued credited as fully paid and will rank pari passu in all respects with the existing Ordinary Shares. The Placing Shares represent approximately 16.55 % of the Company's enlarged issued share capital.
The issue of the Placing Shares is, inter alia, conditional on their admission to listing on the Standard segment of the Official List and trading on the
Total Voting Rights
For the purposes of the
The information communicated within this announcement is deemed to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014. Upon the publication of this announcement, this inside information is now considered to be in the public domain.
The directors of the Company accept responsibility for the contents of this announcement.
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+44 (0) 20 7796 9060
Joint Broker: PETERHOUSE CAPITAL LIMITED -
+44 (0) 20 7469 0930
Joint Broker: SI CAPITAL LIMITED -
+44 (0) 1483 413500
Notes for Editors:
The Company's primary strategy is to focus on seeking potential investments in precious and strategic metals and oil and gas through the application of disciplined and structured exploration and analysis.
The Company will update the market as and when appropriate.
This information is provided by RNS, the news service of the
Quick facts: MetalNRG
Market Cap: £1.53 m
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