Exercise of options and change to TVR

RNS Number : 9025H

Zinnwald Lithium PLC

09 August 2021

 

Zinnwald Lithium plc

("Zinnwald Lithium" or the "Company")

Exercise of options  and change to total voting rights

Zinnwald Lithium plc, the German focused lithium development company, announces that it has received notice of exercise for options ("Options") in respect of 500,000 new ordinary shares of 1 pence each ("New Ordinary Shares"). The Options have been exercised at a price of 10 pence per Ordinary Share.

Application will be made for the 500,000 New Ordinary Shares to be admitted to trading on AIM ("Admission") and it is expected that Admission will occur on or around 12 August 2021.

Upon Admission, the Company's issued share capital will consist of 255,605,953 Ordinary Shares with one voting right each. The Company does not hold any ordinary shares in treasury. Therefore, the total number of ordinary shares and voting rights in the Company will be 255,605,953.  With effect from Admission, this figure may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the share capital of the Company under the FCA's Disclosure Guidance and Transparency Rules.

For further information go to www.zinnwaldlithium.com or contact:

Anton du Plessis	Zinnwald Lithium plc	[e-mail]
David Hart/Liz Kirchner	Allenby Capital (Nominated Adviser)	[phone]
James Pope/Andy Thacker	Turner Pope Investments (TPI) Ltd (Broker)	[phone]
Isabel de Salis/Frank Buhagiar	St Brides Partners (Financial PR)	[e-mail]

 

END

 

 

IOEGZGGRDVGGMZM