REG - Atlas Metals Group - Issue of new Ordinary Shares, exercise of warrants

Atlas MetalsAnnouncement

08/12/2025 14:00

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RNS Number : 6959K  Atlas Metals Group PLC  08 December 2025

8 December 2025

Atlas Metals Group plc

("Atlas Metals" or the "Company")

 

Issue of new Ordinary Shares, exercise of warrants, total voting rights

 

Atlas Metals (LON: AMG), the natural resources and energy company announces
that, further to the Company's circular dated 5 November 2025 and the
authorities approved by shareholders of the Company at the general meeting
held on 1 December 2025, applications have been made to the Financial Conduct
Authority ("FCA") and to London Stock Exchange plc ("London Stock Exchange")
for the admission of 5,419,498 ordinary shares of nominal value £0.01 each
("Ordinary Shares") to be admitted to listing on the equity shares
(transition) category of the Official List of the FCA and to trading on the
main market for listed securities of London Stock Exchange ("Admission").

Admission relates to: (i) the admission of 2,463,408 Ordinary Shares in
connection with a historic subscription announced by the Company in May 2024
(RNS number: 4987N), following which it has come to the attention of the
Company that the relevant Ordinary Shares issued in connection with the
subscription (the "Subscription Shares") were not admitted to trading, and
(ii) the allotment of 2,500,000 new Ordinary Shares in settlement of certain
historic fee arrangements (the "Fee Shares") and 456,090 new Ordinary Shares
pursuant to the receipt by the Company of a notice of exercise of warrants to
subscribe for a total of 456,090 new Ordinary Shares at an exercise price of
7.6 pence per Ordinary Share (the "Warrant Shares", together with the Fee
Shares the "New Shares"). Admission of the Subscription Shares relates solely
to the rectification of the historic admission to trading and listing of the
Subscription Shares and does not affect the allotment and issue of the
Subscription Shares or the previously announced voting rights of the Company.

Admission of the Subscription Shares is expected to occur on or around 9
December 2025 and admission of the New Shares is expected to occur on or
around 10 December 2025. The Subscription Shares and the New Shares will rank
pari passu in all respects with the existing Ordinary Shares.

Following Admission, the Company's issued ordinary share capital will comprise
17,736,541 Ordinary Shares, each carrying one vote. The Company does not hold
any Ordinary Shares in treasury. The total number of voting rights in the
Company following Admission will therefore be 17,736,541. With effect from
Admission, this figure may be used by shareholders as the denominator for the
calculations by which they determine whether they are required to notify their
interest in, or a change to their interest in, the Company under the FCA's
Disclosure Guidance and Transparency Rules.

For further information, please contact:

 Atlas Metals Group plc:
 Christopher Chadwick             +44 (0) 207 796 9060
 Strand Hanson - Financial Adviser and Sponsor:
 Rory Murphy         +44 (0) 207 409 1761
 Abigail Wennington  +44 (0) 207 409 1761
 Edward Foulkes      +44 (0) 207 409 1761
 S I Capital Limited - Broker:
 Nick Emerson        +44 (0) 1483 413500
 IFC Advisory Limited - Financial PR and IR:
 Tim Metcalfe        +44 (0) 203 934 6632

 

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