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REG - Adriatic Metals - Award of Performance Rights

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RNS Number : 0208Q  Adriatic Metals PLC  13 December 2024

13 December 2024

 

 Adriatic Metals PLC

("Adriatic Metals" or the "Company")

 

Award of Performance Rights

Adriatic Metals PLC (ASX:ADT, LSE:ADT1, OTCQX:ADMLF) announces that on 12
December 2024 it granted a total of 1,027,956 performance rights ("PRs")
vesting on 22 May 2027 to staff under the Company's Employment Incentive
Plans.  Each PR gives the holder the right to one new ordinary share of
£0.013355 in the capital of the Company, subject to satisfying
performance-related vesting conditions.

Market Abuse Regulation Disclosure

The information contained within this announcement is deemed by the Company
(LEI: 549300OHAH2GL1DP0L61) to constitute inside ‎information for the
purposes of Article 7 of the Market Abuse Regulation (EU) No 596/2014 as it
forms part of UK domestic law by virtue of the European Union (Withdrawal) Act
2018, as amended ("UK Market Abuse Regulation").

The person ‎responsible for arranging and authorising the release of this
announcement on behalf of Adriatic is Laura Tyler, Managing Director and CEO.

 

 

-ends-

 

 

Authorised by Laura Tyler, Managing Director & CEO of Adriatic Metals

For further information please visit: www.adriaticmetals.com
(http://www.adriaticmetals.com/) ; email: info@adriaticmetals.com
(mailto:info@adriaticmetals.com) , @AdriaticMetals
(https://twitter.com/AdriaticMetals) on Twitter; or contact:

 

 Adriatic Metals PLC
 Klara Kaczmarek                                   Tel: +44 (0) 7859 048228

 GM - Corporate Development                        Klara.kaczmarek@adriaticmetals.com (mailto:Klara.kaczmarek@adriaticmetals.com)

 Burson Buchanan                                   Tel: +44 (0) 20 7466 5000
 Bobby Morse / Christopher Jones                   adriatic@buchanan.uk.com (mailto:adriatic@buchanan.uk.com)
 Morgans Corporate Limited
 Rob Douglas / Sam Warriner / Mitch Duffy          Tel: +61 7 3334 4888

 RBC Capital Markets
 Farid Dadashev / James Agnew / Jamil Miah         Tel: +44 (0) 20 7653 4000

 Stifel Nicolaus Europe Limited
 Ashton Clanfield / Callum Stewart / Varun Talwar  Tel: +44 (0) 20 7710 7600

 Morrow Sodali
 Cameron Gilenko                                   Tel: +61 466 984 953

 

 

ABOUT ADRIATIC METALS

Adriatic Metals Plc (ASX:ADT, LSE:ADT1, OTCQX:ADMLF) is a precious and base
metals developer that is advancing the world-class Vares Silver Operation in
Bosnia & Herzegovina, as well as the Raska Zinc-Silver Project in Serbia.
First concentrate production took place in February 2024 and the Vares Silver
Operation is fully funded to nameplate production, which is expected in Q4
2024. Concurrent with ongoing operational activities, the Company continues to
explore across its highly prospective 44km(2) concession package.

 

MARKET ABUSE REGULATION DISCLOSURE

The information contained within this announcement is deemed by the Company
(LEI: 549300OHAH2GL1DP0L61) to constitute inside ‎information for the
purpose of Article 7 of EU Market Abuse Regulation (EU) No. 596/2014 as it
forms part of UK domestic law by virtue of the European Union (Withdrawal) ACT
2018, as amended. The person ‎responsible for arranging and authorising the
release of this announcement on behalf of the Company is Laura Tyler, Managing
Director & CEO.

 

 

 

 

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