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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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