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REG - Metals Exploration - Total Voting Rights and Major Shareholdings

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RNS Number : 1233V  Metals Exploration PLC  29 January 2025

29 January 2025

METALS EXPLORATION PLC

Total Voting Rights and Major Shareholdings

Metals Exploration plc (AIM: MTL) ("Metals Exploration" or the "Company")
announces an update to its total voting rights and the interests of its
significant shareholders.

Further to its announcement of 13 January 2025, 10 ordinary shares of £0.0001
each in the capital of the Company ("Ordinary Shares") have been transferred
to treasury as a result of the aggregation of the fraction entitlements to new
Ordinary Shares of Condor Gold shareholders. Accordingly, the Company
currently has 2,951,875,559 in issue, of which 393,513,312 Ordinary Shares are
held in treasury and, accordingly, the total number of voting rights is
2,558,362,247. This figure may be used by shareholders in the Company as the
denominator for the calculation by which they may determine if they are
required to notify their interest in, or change to their interest in, the
share capital of the Company under the FCA's Disclosure Guidance and
Transparency Rules.

The Company is aware of the following significant shareholders:

 Shareholder                     Number of Ordinary Shares  Percentage of the Company's voting capital
 Nick Candy*                     651,000,000                25.45%
 Drachs Investments No3 Limited  317,532,143                12.41%
 Jim Mellon**                    216,418,890                8.46%

 

* - held through two wholly owned entities: Candy Investments S.a.r.l with
650,000,000 Ordinary Shares and MTL (Luxembourg) S.a.r.l with 1,000,000
Ordinary Shares.

** - 12,927,319 shares held directly in Mr Mellon's own name and 203,491,571
shares held by Galloway Limited, a company indirectly wholly owned by Mr
Mellon.

For further information, please contact or visit:

 Metals Exploration PLC
 Via BlytheRay                            +44 (0) 207 138 3204

 Nominated & Financial Adviser:           STRAND HANSON LIMITED
 James Spinney, James Dance, Rob Patrick  +44 (0) 207 409 3494

 Broker:                                  HANNAM & PARTNERS
 Matt Hasson, Franck Nganou               +44 (0) 207 907 8500

 Public Relations:                        BLYTHERAY
 Megan Ray, Said Izagaren                 +44 (0) 207 138 3204

 

Web:                www.metalsexploration.com
(http://www.metalsexploration.com)

X:                     @MTLexploration
(https://twitter.com/MTLexploration)

LinkedIn:           Metals Exploration
(https://www.linkedin.com/company/metals-exploration-plc)

 

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