REG - European Metals Hldg - Issue of Equity

European Metals HoldingsAnnouncement

28/03/2024 08:00

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RNS Number : 6744I  European Metals Holdings Limited  28 March 2024

For immediate release

28 March 2024

European Metals Holdings Limited

("European Metals" or the "Company")

Equity Issue aND CESSATION OF PERFORMANCE RIGHTS AND OPTIONS

European Metals Holdings Limited, (ASX & AIM: EMH, OTCQX: EMHXY, ERPNF and
EMHLF) ("European Metals" or the "Company"), announces that it has completed
the issue of 120,000 new ordinary shares (represented by Chess Depository
Interests of "CDIs") ("New Ordinary Shares") pursuant to the exercise and
conversion of vested performance rights (70,000 performance rights expiring 20
December 2025 and 50,000 performance rights expiring 30 November 2024).

Application has been made for the New Ordinary Shares represented by the CDIs
to be admitted to trading on AIM, with admission expected to take place on 5
April 2024.  The New Ordinary Shares will rank pari passu in all respects
with the existing ordinary shares in European Metals.

The Company also advised that it has cancelled 50,000 performance rights and
1,000,000 performance options to acquire fully paid ordinary shares, due to
lapse of conditional right to securities because the conditions have not been,
or have become incapable of being, satisfied.

Total Voting Rights

Following Admission of the above, the Company will have 207,444,705 Ordinary
Shares on issue.  There are no shares held in treasury.  The total voting
rights in the Company are therefore 207,444,705 and shareholders may use this
figure as the denominator by which they are required to notify their interest
in, or change to their interest in, the Company under the Financial Conduct
Authority's Disclosure and Transparency Rules.

This announcement has been approved for release by the Board.

CONTACT

For further information on this update or the Company generally, please visit
our website at www.europeanmet.com (http://www.europeanmet.com/)  or see
full contact details at the end of this release.

ENQUIRIES:

 European Metals Holdings Limited

 Keith Coughlan, Executive Chairman           Tel: +61 (0) 419 996 333

                                              Email: keith@europeanmet.com (mailto:keith@europeanmet.com)

 Kiran Morzaria, Non-Executive Director       Tel: +44 (0) 20 7440 0647

 Henko Vos, Company Secretary                 Tel: +61 (0) 400 550 042

                                              Email: cosec@europeanmet.com (mailto:cosec@europeanmet.com)

 WH Ireland Ltd (Nomad & Broker)

 James Joyce / Darshan Patel / Isaac Hooper   Tel: +44 (0) 20 7220 1666

 (Corporate Finance)

 Harry Ansell (Broking)

 Blytheweigh (Financial PR)                   Tel: +44 (0) 20 7138 3222

 Tim Blythe

 Megan Ray

 Chapter 1 Advisors (Financial PR - Aus)

 David Tasker                                 Tel: +61 (0) 433 112 936

The information contained within this announcement is deemed by the Company to
constitute inside information under the Market Abuse Regulation (EU) No.
596/2014 ("MAR") as it forms part of UK domestic law by virtue of the European
Union (Withdrawal) Act 2018 and is disclosed in accordance with the Company's
obligations under Article 17 of MAR.

 

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