REG - Aterian PLC - Issue of Equity

AterianAnnouncement

13/11/2025 12:00

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RNS Number : 4600H  Aterian PLC  13 November 2025

13 November 2025

 

Aterian Plc
("Aterian" or the "Company")

 

Issue of Equity

Aterian Plc (LSE: ATN), the Africa-focused critical minerals exploration and
development company, announces that on the 7 November 2025 the Company
received exercise notices from warrant holders electing to exercise their
warrants and issue shares based on a 32.5 pence per share price for 114,000
new ordinary shares ("Shares").

Accordingly the Company has issued 114,000 Shares to the warrant holders and
the Shares will rank pari passu in all respects with the existing ordinary
shares of the Company.  An application will be made for the Shares to be
admitted to the Official List and to trading on the London Stock Exchange,
with admission expected to occur on or around 19 November 2025.

Following the issue of the Shares, the Company's enlarged issued share capital
will comprise 15,702,544 Ordinary Shares. This figure of 15,702,544 represents
the total voting rights in the Company and should be used by shareholders as
the denominator for the calculation by which they can determine if they are
required to notify their interest in, or a change to their interest in the
Company under the Financial Conduct Authority's Disclosure Guidance &
Transparency Rules.

- ENDS -

This announcement contains information which, prior to its disclosure, was
inside information as stipulated under Regulation 11 of the Market Abuse
(Amendment) (EU Exit) Regulations 2019/310 (as amended).

 

For further information, please visit the Company's website:
www.aterianplc.com (http://www.aterianplc.com) or contact:

 

Aterian Plc:

Charles Bray, Executive Chairman - charles.bray@aterianplc.com
(mailto:charles.bray@aterianplc.com)

Simon Rollason, Director - simon.rollason@aterianplc.com
(mailto:simon.rollason@aterianplc.com)

 

Financial Adviser and Joint Broker:

AlbR Capital Limited

David Coffman

Colin Rowbury

Tel: +44 (0)20 7469 0930

 

 

Joint Broker:

SP Angel Corporate Finance LLP

Ewan Leggat / Adam Cowl

Tel: +44 20 3470 0470

 

Financial PR:

Bald Voodoo - ben@baldvoodoo.com (mailto:ben@baldvoodoo.com)

Ben Kilbey

Tel: +44 (0)7811 209 344

Notes to Editors:

About Aterian plc

www.aterianplc.com (http://www.aterianplc.com)

 

Aterian plc is an LSE-listed exploration and development company with a
diversified African portfolio of critical metals projects.

Aterian plc is actively seeking to acquire and develop new critical metal
resources to strengthen its existing asset base while supporting ethical and
sustainable supply chains as the world transitions to a sustainable, renewable
future. The supply of these metals is vital for developing the renewable
energy, automotive, and electronic manufacturing sectors, which are
increasingly important in reducing carbon emissions and meeting global climate
ambitions.

 

Aterian has a portfolio of multiple copper-silver (+ gold) and base metal
projects in Morocco. Aterian holds a 90% interest in Atlantis Metals, a
private Botswana-registered company holding seven mineral prospecting licences
for copper-silver in the world-renowned Kalahari Copperbelt and three for
lithium brine exploration in the Makgadikgadi Pans region.

 

The Company's strategy is to seek new exploration and production opportunities
across the African continent and to develop new sources of critical mineral
assets for exploration, development, and trading.

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