REG - Panther Metals PLC - Director Dealing

Panther MetalsAnnouncement

30/07/2024 07:00

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RNS Number : 2948Y  Panther Metals PLC  30 July 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.

 

 

30 July 2024

Panther Metals plc

("Panther" or the "Company")

 

Director Dealing

 

The Company announces that it received notification on 28 July that Darren
Hazelwood, the chief executive officer of the Company, had exercised the
conversion rights attaching to the £56,000 of convertible loan notes held by
him in respect of principal and accrued interest of £9,520. As a consequence,
Mr Hazelwood will be issued with 63,922 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 5 August 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
4,110,147 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 4,110,147. 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.

 

Interests in shares

 

Following this transaction, Mr Hazelwood is now interested in 255,389 Ordinary
Shares, which represents 6.21% of the Company's existing issued Ordinary Share
capital. The notification shown below, made pursuant to Article 19(3) of the
Market Abuse (Amendment) (EU Exit) Regulations 2019 (SI 2019/310), provides
further details.

 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

Notification and public disclosure of transactions by persons discharging
managerial responsibilities and persons closely associated with them

 

 1    Details of the person discharging managerial responsibilities / person closely
      associated
 a)   Name                                                           Darren Hazelwood
 2    Reason for the notification
 a)   Position/status                                                PDMR, CEO of the Company
 b)   Initial notification /Amendment                                Initial notification
 3    Details of the issuer, emission allowance market participant, auction
      platform, auctioneer or auction monitor
 a)   Name                                                           Panther Metals plc
 b)   LEI                                                            213800FE99O4CN3DJU27
 4    Details of the transaction(s): section to be repeated for (i) each type of
      instrument; (ii) each type of transaction; (iii) each date; and (iv) each
      place where transactions have been conducted
 a)   Description of the financial instrument, type of instrument    Ordinary shares of no par value

      Identification code                                            ISIN IM00BRF2WV49

 b)   Nature of the transaction                                      Exercise of conversion rights and accrued interest
 c)   Price(s) and volume(s)                                         Price(s) Volumes

                                                                     £1.025 pence 63,922
 d)   Aggregated information                                         N/A (Single transaction)

 e)   Date of the transaction                                        28 July 2024
 f)   Place of the transaction                                       Off market

 

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