REG - Panther Metals PLC - CLN Conversion

Panther MetalsAnnouncement

06/11/2024 10:30

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RNS Number : 1853L  Panther Metals PLC  06 November 2024

THIS ANNOUNCEMENT AND THE INFORMATION CONTAINED HEREIN IS FOR INFORMATION
PURPOSES ONLY AND DOES NOT CONSTITUTE AN OFFER TO SELL OR ISSUE OR THE
SOLICITATION OF AN OFFER TO BUY, SUBSCRIBE OR ACQUIRE ANY SECURITIES IN THE
UNITED STATES, AUSTRALIA, CANADA, JAPAN OR THE REPUBLIC OF SOUTH AFRICA
(UNLESS AN EXEMPTION UNDER THE RELEVANT SECURITIES LAWS IS AVAILABLE) OR IN
ANY OTHER JURISDICTION IN WHICH ANY SUCH OFFER OR SOLICITATION WOULD BE
UNLAWFUL.

 

CERTAIN 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 APPLIED IN THE UNITED KINGDOM. UPON
PUBLICATION OF THIS ANNOUNCEMENT, THIS INFORMATION IS NOW CONSIDERED TO BE IN
THE PUBLIC DOMAIN.

 

 

6 November 2024

Panther Metals plc

("Panther" or the "Company")

 

Convertible Loan Notes

 

The Company announces that it received notification that the remaining
convertible loan note holders had exercised their conversion rights attaching
to the (£60,987) of convertible loan notes held by them in respect of
principal and interest due (which includes a 4.25% extension premium). As a
consequence, the remaining holders will be issued with 59,500 new ordinary
shares of no par value in the capital of the Company ("Ordinary Shares") at a
price of £1.025 per Ordinary Share.

 

Admission

 

Application will be made to the Financial Conduct Authority for admission of
the new Ordinary Shares to the Official List and to the London Stock Exchange
(the "LSE") for admission to trading of the new Ordinary Shares on the LSE's
Main Market for listed securities (together "Admission"). It is expected that
Admission will take place at 8.00 a.m. on 11 November 2024 and that dealings
in the new Ordinary Shares on the LSE's Main Market for listed securities will
commence at the same time.

 

Total Voting Rights

 

Following Admission, the Company's total issued share capital consists of
4,226,720 Ordinary Shares. The Company does not hold any Ordinary Shares in
treasury.

 

Therefore, following Admission, the total number of voting rights in Panther
Metals plc is 4,226,720. 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 in their interest in, the
Company under the FCA's Disclosure Guidance and Transparency Rules.

 

 

 For further information:

 Panther Metals PLC:

 Darren Hazelwood, Chief Executive Officer:   +44(0) 1462 429 743

 +44(0) 7971 957 685

 Brokers:

 Tavira Financial Limited

 Christopher James
 Kipling                                +44(0)
 203 833 3743

 SI Capital Limited

 Nick Emerson
                          +44(0) 1438 416 500

 Axis Capital Markets Limited

 Ben Tadd

 Lewis
 Jones
   +44 (0)20 3026 0449

 

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