REG - Cadence Minerals PLC - Issue of shares to EBT and Total Voting Rights

Cadence MineralsAnnouncement

Today 07:05

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RNS Number : 1459Z  Cadence Minerals PLC  02 April 2026

 

 

 

 

 

Cadence Minerals Plc

("Cadence Minerals", "Cadence", or "the Company")

Issue of shares to EBT and Total Voting Rights

Cadence announces, in keeping with similar schemes operated by AIM quoted
companies, it has issued 12,000,000 new ordinary shares (the "EBT Shares") to
the Rare Earth Minerals Employee Benefit Trust ("EBT") at a price of 1p (being
par value) per new ordinary share, following a subscription by the trustee of
the EBT, JTC Employer Solutions Trustee Limited, at an aggregate cost to the
Company of £120,000.

Details of the EBT and the related employee share incentive plan ("SIP") are
given in the Company's prior RNS of 11 September 2014.

Following admission of the EBT Shares, the EBT will hold 18,380,000 ordinary
shares representing approximately 4.30% of the enlarged issued share capital
of the Company following Admission (as defined below).

Application will be made to the London Stock Exchange to admit EBT Shares to
trading on AIM ("Admission"). Admission is expected to occur on or around 10
April 2026. The EBT Shares will rank pari passu with the existing ordinary
shares.

For the purposes of the Disclosure and Transparency Rules, following
Admission, the Company's issued share capital will comprise 427,631,038
ordinary shares of 1p each. This figure may be used by shareholders as the
denominator for calculations to determine if they are required to notify their
interest in, or a change to their interest in, the Company under the
Disclosure and Transparency Rules.

 For further information, contact:
 Cadence Minerals plc                                        +44 (0) 20 3582 6636
 Andrew Suckling
 Kiran Morzaria

 Zeus (NOMAD & Broker)                                        +44 (0) 20 3829 5000
 James Joyce
 Darshan Patel

 Fortified Securities - Joint Broker                         +44 (0) 20 3411 7773
 Guy Wheatley

  Brand Communications - Public & Investor Relations          +44 (0) 7976 431608
 Alan Green

 

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