Issue of Equity

RNS Number : 4565C
Metals Exploration PLC
07 March 2011
 



 

Metals Exploration plc

 

("Metals Exploration" or the "Company")

 

Issue of Equity

 

 

The Directors of Metals Exploration announce that they have issued and allotted 300,000 new ordinary shares of 1p each in the Company following the conversion of employee share options in the Company at 12p per share.

 

Following the issue of the new shares, there are 270,016,344 ordinary shares of 1p each in issue with each share carrying the right to one vote.  Application will be made for the new shares to be admitted to trading on AIM which is expected to occur on 11 March 2011.

 

 

Enquiries

 

 

 

Metals Exploration plc

+44 (0)20 7869 5109

Ian Holzberger

+61 (0)418 886 165

 

 

Nominated Adviser

 

Westhouse Securities Limited

 

Tim Feather / Matthew Johnson

+44 (0)20 7601 6100

 

 

 

 

 

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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