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European Metals Hldg (EMH)

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Friday 04 March, 2022

European Metals Hldg

Issue of Equity

RNS Number : 6646D
European Metals Holdings Limited
04 March 2022
 

For immediate release

4 March 2022

EUROPEAN METALS HOLDINGS LIMITED

EQUITY ISSUE

 

European Metals Holdings Limited (ASX & AIM: EMH, NASDAQ: ERPNF) ("European Metals" or the "Company") advises that is has today issued 400,000 new ordinary shares represented by depository interests ("DI Shares") in relation to an exercise of options.

The Company received an option exercise notice to subscribe for 400,000 new ordinary shares in the Company at a price of 45 cents per DI Share, for which Subscription monies of A$180,000 have been received. The proceeds of the option exercise will be used for general working capital purposes.

Application will be made for the admission to trading on AIM and ASX of the new DI Shares ("Admission"). Admission is expected to occur on or around 10 March 2022. The new DIs Shares will rank pari passu in all respects with the existing ordinary shares in European Metals.

Total Voting Rights

Following Admission, the Company will have 186,042,485 Ordinary Shares on issue. There are no shares held in treasury. The total voting rights in the Company are therefore 186,042,485 and shareholders may use this figure as the denominator by which they are required to notify their interest in, or change to their interest in, the Company under the Financial conduct Authority's Disclosure and Transparency Rules.

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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END
 
 
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