The information contained within this announcement is deemed to constitute inside information pursuant to the EU (Withdrawal) Act and amended pursuant to Market Abuse (Amended) (EU Exit) Regulations 2019. Upon the publication of this announcement, this inside information is now considered to be in the public domain.
7 January 2021
For Immediate Release
Mining, Minerals & Metals plc
("MMM" or the "Company")
Replacement- Exercise of Warrants and Total Voting Rights
Correction to announcement released at 14:51 on 7 January 2021 under RNS reference 9734K. The Company's enlarged issued share capital is 32,049,999 Ordinary Shares (instead of the originally announced 31,999,999). The corrected announcement is set out below. No other information has been updated
MMM (LSE: MMM), the listed special purpose acquisition vehicle seeking to acquire and develop one or more businesses that has operations involved in natural resources, is pleased to announce the exercise of certain warrants to subscribe for new ordinary shares in the Company ("New Ordinary Shares").
Warrants for over 166,666 New Ordinary Shares at a price of 1 pence per share have been exercised at 4p. The aggregate gross proceeds of these exercises receivable by the Company amount to £6,666.
Admission and Total Voting Rights
The Company has made an application to the London Stock Exchange plc for the 166,666 New Ordinary Shares, to be issued and allotted as a result of the warrant exercises set out above, to be admitted to trading on Standard Listing segment of the LSE Main Market ("Admission"). It is expected that Admission will become effective and dealings will commence on or around 12 January 2021. The 166,666 New Ordinary Shares will rank pari-passu with the existing Ordinary Shares.
Following Admission, there will be 32,049,999 Ordinary Shares in issue. This number may be used by shareholders as the denominator for the calculation by which they will determine if they are required to notify their interest in, or a change in their interest in, the share capital of the Company.
Further information
For further information, please visit : www.mmmplc.com
Mining, Minerals & Metals plc
Roy Pitchford, Non-Executive Director
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VSA Capital Limited - Financial Adviser and Broker
Maciek Szymanski
Sean Urquhart
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+44 (0) 20 3005 5000 |