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European Metals Hldg (EMH)

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Wednesday 02 March, 2022

European Metals Hldg

Issue of Equity

RNS Number : 3477D
European Metals Holdings Limited
02 March 2022
 

For immediate release

2 March 2022

EUROPEAN METALS HOLDINGS LIMITED

ISSUE OF PERFORMANCE RIGHTS

 

European Metals Holdings Limited (ASX & AIM: EMH, NASDAQ: ERPNF) ("European Metals" or the "Company") advises that is has today completed the issue of a total of 5,700,000 unlisted Performance Rights.

2,400,000 Performance Rights were issued to Mr. Keith Coughlan, Executive Chairman, and 1,200,000 Performance Rights were issued to Mr. Richard Pavlik, Executive Director, in accordance with the terms and conditions approved by shareholders at the Company's annual general meeting held on 17 December 2020 and as announced on 7 December 2020.

The Performance Rights are subject to certain vesting conditions and terms and conditions as set out in the announcement on 7 December 2020 and the Addendum to Notice of Annual General Meeting posted to shareholders on 7 December 2020.

2,100,000 were issued to staff and consultants on the same terms and conditions in accordance with the Company's Employee Securities Incentive Plan.

Following the above issues: Mr. Coughlan holds an interest in 9,350,000 ordinary shares (represented by depository interests) and 2,400,000 Performance Rights in the Company, and; Mr. Pavlik holds an interest in 300,000 ordinary shares (represented by depository interests) and 1,200,000 Performance Rights in the Company

CONTACT

For further information on this update or the Company generally, please visit our website at www.europeanmet.com or see full contact details at the end of this release.

 

WEBSITE

A copy of this announcement is available from the Company's website at www.europeanmet.com.

ENQUIRIES:

European Metals Holdings Limited

Keith Coughlan, Executive Chairman

 

 

Kiran Morzaria, Non-Executive Director

 

Dennis Wilkins, Company Secretary

 

Tel: +61 (0) 419 996 333

Email: [email protected]

 

Tel: +44 (0) 20 7440 0647

 

Tel: +61 (0) 417 945 049

Email: [email protected]

 

WH Ireland (Nomad & Broker)

James Joyce/Darshan Patel (Corporate Finance)

Harry Ansell (Corporate Broking)

 

Tel: +44 (0) 20 7220 1666

Shard Capital (Joint Broker)

Damon Heath

Erik Woolgar

 

Tel:  +44 (0) 20 7186 9950

Blytheweigh (Financial PR)

Tim Blythe

Megan Ray

 

Tel: +44 (0) 20 7138 3222

Chapter 1 Advisors (Financial PR - Aus)

David Tasker

 

Tel: +61 (0) 433 112 936

 

The information contained within this announcement is considered to be inside information, for the purposes of Article 7 of EU Regulation 596/2014, prior to its release.  The person who authorised for the release of this announcement on behalf of the Company was Keith Coughlan, Executive Chairman. 

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