Home » MetalNRG (MNRG) » #MNRG MetalNRG PLC – Issue of Equity

#MNRG MetalNRG PLC – Issue of Equity

 

MetalNRG (LON:MNRG), the natural resource investing and exploration company, announces that 25,000,000 new MetalNRG Ordinary Shares (“New Shares”) have been issued at 0.45 pence per share (total value £112,500) in satisfaction of certain obligations relating to an unsecured loan facility.

 

Admission of New Shares to trading on the Main Market of the London Stock Exchange

Application will be made for the New Shares to be admitted to listing on the Standard segment of the Official List and trading on the London Stock Exchange’s Main Market for listed securities (“Admission”). Admission of the New Shares is expected to occur on or around 11th October 2021.

The New Shares will rank pari passu with the existing ordinary shares of the Company.

Total Voting Rights

For the purposes of the Financial Conduct Authority’s Disclosure and Transparency Rules (“DTRs”), following the issue of the New Shares referred to above, the issued ordinary share capital of MetalNRG will consist of 1,035,219,460 ordinary shares with voting rights attached (one vote per share). There are no shares held in treasury.  This total voting rights figure may be used by shareholders as the denominator for the calculation by which they will determine whether they are required to notify their interest in, or a change to their interest in, MetalNRG under the DTRs.

 

The information set out below is provided in accordance with the requirements of Article 19(3) of the EU Market Abuse Regulation No 596/2014:

For the purposes of  UK MAR, the person responsible for arranging for the release of this announcement on behalf of the Company is Rolf Gerritsen, Chief Executive Officer.

 

END

 

Contact details:

MetalNRG PLC
Christopher Latilla-Campbell

Rolf Gerritsen


+44 (0) 20 7796 9060

Corporate Adviser
PETERHOUSE CAPITAL LIMITED
Lucy Williams

Duncan Vasey

+44 (0) 20 7469 0930

Corporate Broker
SI CAPITAL LIMITED
Nick Emerson

+44 (0) 1483 413500

 


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