REG - Metlen Energy&Metals - Capital Reduction Effective

Metlen Energy & MetalsAnnouncement

17/11/2025 15:30

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RNS Number : 8553H  Metlen Energy & Metals PLC  17 November 2025

METLEN ENERGY & METALS PLC

(the "Company")

 

Capital Reduction Effective - Reduction of the Nominal Value of the Ordinary
Shares

from €11 to €1

17 November 2025

 

The Company announces that the reduction in nominal value of its ordinary
shares from €11 to €1 approved by shareholder vote on 20 June 2025 (the
"Capital Reduction"), as referenced in the Company's listing prospectus
published on 26 June 2025, is now effective.

This follows the confirmation of the Capital Reduction by the High Court of
Justice of England & Wales on 11 November 2025 and the registration of the
Court order with the Registrar of Companies in England & Wales on 13
November 2025 which was made available on 17 November 2025. As part of the
Capital Reduction, the legacy Redeemable Non-Voting Preference Shares and
Non-Voting Subscriber Shares, issued in connection with the Company's
incorporation and in preparation for the share-for-share exchange offer
carried out from June to August 2025, have also been cancelled.

The Capital Reduction creates additional distributable reserves of
€1,430,229,800. This provides the Company with further flexibility to
deliver shareholder returns over the coming years either in the form of
dividends and/or share buybacks.

Following the Capital Reduction, the Company's share capital amounts to
€143,022,980 and is divided into 143,022,980 ordinary shares, each having a
nominal value of €1.

The UK Financial Conduct Authority, London Stock Exchange and Athens Stock
Exchange have all been informed of the Capital Reduction becoming effective.

 

Enquiries:

For further information please contact

 

Investors Relations

Tel. +30 210-6877300 | Fax +30 210-6877400 | E-mail: ir@metlengroup.com

Press Office

Tel. +30 210-6877346 | Fax +30 210-6877400 | E-mail:

communications@metlengroup.com

 

LEI: 213800ZSR3HVKMMPVG86

 

About METLEN Energy & Metals PLC

METLEN Energy & Metals PLC (METLEN or the Company) is the parent company
of a multinational industrial and energy group and a leader in metallurgy and
energy industries, focusing on sustainability and circular economy. The
Company is primary listed on the London Stock Exchange with a secondary
listing on the Athens Exchange, having a consolidated turnover and EBITDA of
€5.68 billion and €1.08 billion, respectively, (2024). METLEN's group is a
reference point for competitive green metallurgy at the European and global
level, whilst operating only vertically integrated bauxite, alumina and
primary aluminum production unit in the European Union (E.U.) with privately
owned port facilities. In the energy sector, METLEN's group offers
comprehensive solutions, covering thermal and renewable energy projects,
electricity distribution and trading, alongside investments in grid
infrastructure, battery storage, and other green technologies. The Company's
group is active in the markets of all five continents, in more than 40
countries, adopting a full-scale synergetic model between the Metallurgy and
Energy Sectors, while undertaking end-to-end development of major energy
infrastructure projects.

 

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