REG - Metlen Energy&Metals - Listing and Admission to Trading of new shares

Metlen Energy & MetalsAnnouncement

29/08/2025 16:00

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RNS Number : 3055X  Metlen Energy & Metals PLC  29 August 2025

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METLEN ENERGY & METALS PLC (the "Company" or "Metlen PLC")

ANNOUNCEMENT

Listing and admission to trading of new shares of the Company on the Main
Market of the London Stock Exchange (the "LSE") and on the Regulated
Securities Market of the Athens Exchange (the "ATHEX")

 

Following the announcement of Metlen PLC made on 7 August 2025 regarding the
approval by the Board of Directors of the Hellenic Capital Market Commission
of the Company's written request made on 4 August 2025 in relation to the
exercise of its right pursuant to article 27 of law 3461/2006 (the "Law") to
acquire (the "Right of Squeeze-Out") the remaining ordinary registered shares,
each having a nominal value of €0.97 (each a "Metlen S.A. Share") issued by
Metlen Energy & Metals S.A. ("Metlen S.A."), which Metlen PLC has not
acquired through the voluntary share exchange tender offer it submitted on 25
June 2025 in accordance with the Law (the "Tender Offer"), in consideration
for newly issued Euro denominated ordinary registered shares, each having a
nominal value of €11.00 issuable by Metlen PLC, the Company announces the
following:

(a)     On 29 August 2025, ATHEX approved the listing and admission to
trading of 13,998,756 new Euro denominated ordinary registered shares issued
by Metlen PLC (the "New Shares") on the Regulated Securities Market of the
ATHEX. The New Shares were issued pursuant to an increase in Metlen PLC's
share capital by €153,986,316 further to its acquisition of 13,998,756
Metlen S.A. Shares (the "Relevant Metlen S.A. Shares"), in consideration for
the New Shares. The Relevant Metlen S.A. Shares were acquired by Metlen PLC
pursuant to the Right of Squeeze-Out, with an exchange ratio of one New Share
for one Metlen S.A. Share.

(b)         The admission of the New Shares to the equity shares
(commercial companies) segment of the Official List of the UK Financial
Conduct Authority will become effective at 8:00 a.m., UK time, on 1 September
2025.

(c)          Trading of the New Shares on the LSE and the ATHEX will
commence on 1 September 2025 at 8:00 a.m., UK time, and at 10:15 a.m., Greece
time, respectively.

(d)      The delivery of the New Shares to the shareholders of Metlen S.A.
through, as applicable, CREST, the Dematerialised Securities System or the
Consignments Deposits and Loans Fund, will take place on 29 August 2025.

 (e)        Following the aforementioned increase, Metlen PLC's share
capital in ordinary registered shares amounts to €1,573,252,780.00 and is
divided into 143,022,980 ordinary registered shares.

Metlen PLC will promptly inform the investors if there is a change to the
dates and times set out in this announcement.

29 August 2025

Metlen Energy & Metals PLC

 IMPORTANT NOTICE

This regulatory announcement does not contain, constitute or form part of any
offer or invitation to sell or subscribe or any solicitation of any offer to
purchase or subscribe for any securities in any jurisdiction, and neither this
regulatory announcement (nor any part of it) nor the fact of its distribution
form the basis of, or may be relied upon in connection with, or act as any
inducement to enter into, any contract or commitment whatsoever.

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