Warrant Conversion & Issue of Equity

RNS Number : 0519T
First Class Metals PLC
15 March 2023
 

First Class Metals PLC

("First Class Metals" or the "Company")

Exercise of Warrants and Issue of Equity

First Class Metals PLC (LSE:FCM) announces that it has received a notice to exercise warrants over a total of 600,000 Ordinary Shares (the "Warrant Shares"), for which funds of GBP75,000 have been received by the Company.

Application will be made to the Financial Conduct Authority ("FCA") for admission of the Ordinary Shares to the standard listing segment of the Official List and to trading on the London Stock Exchange's Main Market for listed securities, with admission and dealings in the new shares expected to take place from 8.00am on 21 th  March 2023.

Following Admission, the Company's issued share capital will consist of 71,394,589 Ordinary Shares with voting rights. This figure of 71,394,589 may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they require to notify their interest in, or a change to their interest in, the share capital of the Company under the UK Financial Conduct Authority's Disclosure Guidance and Transparency Rules.

 

Further Information:

 

 

James Knowles, Executive Chairman

JamesK@Firstclassmetalsplc.com

07488 362641

Marc J Sale, CEO

MarcS@Firstclassmetalsplc.com

07711 093532

Ayub Bodi, Executive Director

AyubB@Firstclassmetalsplc.com

07860 598086

 

First Equity Limited

(Financial Adviser & Broker)

 

Jonathan Brown


0207 3742212

Jason Robertson


0207 3742212

 

 

 

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