REG - Europa Metals Ltd - Conversion of Performance Rights

Europa MetalsAnnouncement

11/12/2023 07:15

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RNS Number : 2466W  Europa Metals Ltd  11 December 2023

11 December 2023

Europa Metals Ltd

("Europa Metals", the "Company" or the "Group") (AIM, AltX: EUZ)

Conversion of Performance Rights,

Directors' Dealings and Issue of Equity

Europa Metals, the European focused lead, zinc and silver developer, announces
that the Company is today issuing, in aggregate, 3,500,000 new Ordinary Shares
to two directors of the Company following the conversion of performance rights
(the "Conversion Shares"). The relevant performance milestone conditions for
the performance rights were achieved during the course of the year. Refer to
the RNS of 24 January 2023 for further details.

Application will be made to the London Stock Exchange for the abovementioned
3,500,000 Conversion Shares to be admitted to trading on AIM and to the JSE
for quotation on AltX ("Admission"). It is expected that Admission will become
effective and that dealings in the Conversion Shares will commence at 8.00
a.m. on Friday, 15 December 2023 on AIM and on Monday, 18 December 2023 on the
JSE.

Following Admission, the Company's total issued ordinary share capital will
comprise 97,671,790 Ordinary Shares with voting rights. This figure may be
used by shareholders as the denominator for the calculations by which they
will determine if they are required to notify their interest in, or a change
to their interest in, the Company's share capital pursuant to the Company's
Constitution.

Following Admission, the beneficial shareholdings of the directors receiving
Conversion Shares will be as follows:

 Director       Position                           Number of Conversion Shares to be received  Total number of Ordinary Shares held on Admission  % of voting rights held on Admission
 Myles Campion  Executive Chairman and acting CEO  3,000,000                                   5,108,182                                          5.23
 Daniel Smith   Non-Executive Director             500,000                                     500,000                                            0.51

 

For further information on the Company, please visit www.europametals.com or
contact:

 

Europa Metals Ltd

Dan Smith, Non-Executive Director and Company Secretary (Australia)

T: +61 417 978 955

Myles Campion, Executive Chairman and acting CEO (UK)

T: +44 (0)20 3289 9923

 

Beaumont Cornish (Nominated Adviser/Broker)

James Biddle

T: +44 (0)20 7628 3396

Questco Corporate Advisory Proprietary Limited (JSE Sponsor)

Danielle Christodoulou

T: +27 (11) 011 9216

The information contained within this announcement is deemed by the Company to
constitute inside information as stipulated under the Market Abuse Regulation
(EU) No. 596/2014 ("MAR") as it forms part of United Kingdom domestic law by
virtue of the European Union (Withdrawal) Act 2018, as amended.

 

PDMR Notification Forms

The notifications below are made in accordance with the requirements of MAR.

 1.  Details of the person discharging managerial responsibilities / person closely
     associated
 a)  Name                                                         Myles Campion

 2.  Reason for the Notification
 a)  Position/status                                              Executive Chairman and acting CEO

 b)  Initial notification/amendment                               Initial notification

 3.  Details of the issuer, emission allowance market participant, auction
     platform, auctioneer or auction monitor
 a)  Name                                                         Europa Metals Ltd

 b)  LEI                                                          2138008QU5PGK777XM59

 4.  Details of the transaction(s):section to be repeated for (i) each type of
     instrument; (ii) each type of transaction; (iii) each date; and (iv) each
     place where transactions have been conducted
 a)  Description of the Financial instrument, type of instrument  Ordinary shares of no par value each

     Identification code                                          AU0000090060

 b)  Nature of the Transaction                                    Conversion of performance rights

 c)  Price(s) and volume(s)                                       Price(s)   Volume(s)
                                                                  Nil pence  3,000,000
 d)  Aggregated information                                       N/A (Single transaction)

     Aggregated volume price
 e)  Date of the transaction                                      11 December 2023
 f)  Place of the transaction                                     Outside of a trading venue

d)

Aggregated information

Aggregated volume price

N/A (Single transaction)

e)

Date of the transaction

11 December 2023

f)

Place of the transaction

Outside of a trading venue

 

 1.  Details of the person discharging managerial responsibilities / person closely
     associated
 a)  Name                                                         Daniel Smith

 2.  Reason for the Notification
 a)  Position/status                                              Non-Executive Director

 b)  Initial notification/amendment                               Initial notification

 3.  Details of the issuer, emission allowance market participant, auction
     platform, auctioneer or auction monitor
 a)  Name                                                         Europa Metals Ltd

 b)  LEI                                                          2138008QU5PGK777XM59

 4.  Details of the transaction(s):section to be repeated for (i) each type of
     instrument; (ii) each type of transaction; (iii) each date; and (iv) each
     place where transactions have been conducted
 a)  Description of the Financial instrument, type of instrument  Ordinary shares of no par value each

     Identification code                                          AU0000090060

 b)  Nature of the Transaction                                    Conversion of performance rights

 c)  Price(s) and volume(s)                                       Price(s)   Volume(s)
                                                                  Nil pence  500,000
 d)  Aggregated information                                       N/A (Single transaction)

     Aggregated volume price
 e)  Date of the transaction                                      11 December 2023
 f)  Place of the transaction                                     Outside of a trading venue

d)

Aggregated information

Aggregated volume price

N/A (Single transaction)

e)

Date of the transaction

11 December 2023

f)

Place of the transaction

Outside of a trading venue

 

 

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