REG - Technology Minerals - Issue of Shares and Director/PDMR Shareholdings

Technology MineralsAnnouncement

15/04/2025 12:45

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RNS Number : 1345F  Technology Minerals PLC  15 April 2025

The information contained within this announcement is deemed to constitute
inside information as stipulated under the retained EU law version of the
Market Abuse Regulation (EU) No. 596/2014 (the "UK MAR") which is part of UK
law by virtue of the European Union (Withdrawal) Act 2018. The information is
disclosed in accordance with the Company's obligations under Article 17 of the
UK MAR. Upon the publication of this announcement, this inside information is
now considered to be in the public domain.

 

15 April 2025

 

Technology Minerals Plc

("Technology Minerals" or the "Company")

 

Issue of Shares and Director/PDMR Shareholdings

 

Technology Minerals Plc (LSE: TM1), the first listed UK company to focus on
creating a sustainable circular economy for battery metals, announces that it
has arranged for the settlement of a proportion of accrued and unpaid
directors' fees of £54,004.50 by way of the issuance of new Ordinary shares
at a price of £0.001 each, as follows:

 

 Director            No. shares
 Alexander Stanbury           30,566,360
 James Cable                  15,570,990
 Lester Kemp                    7,867,150

 

 

In addition, professional adviser fees and other obligations to the value of
£406,806.20 will be settled via the issuance of 406,806,200 new Ordinary
shares at an issue price of £0.001 per share. The Company is currently unable
to issue and admit the entirety of the New Issue Shares without either the
publication of an FCA approved prospectus or relying upon an exemption to the
requirement to issue a prospectus. Consequentially, this fundraise involves a
subscription by Alexander Stanbury, CEO and director of the Company for the
New Ordinary Shares at the Issue Price.

 

Following Admission, Alexander Stanbury has agreed to immediately transfer
406,806,200 Ordinary Shares at the same Issue Price to settle the
aforementioned professional adviser fees and other obligations of the Company.

 

 

Total Voting Rights

Application will be made for the 460,810,700 New Ordinary Shares, which will
rank pari passu in all respects with the existing Ordinary Shares of the
Company, to be admitted to the Standard List segment of Official List and to
trading on the main market of the London Stock Exchange plc, which is expected
to occur on or around 8.00 a.m. on 22 April 2025 ("Admission"). Upon
Admission, the total number of issued shares and the total number of voting
rights in the Company will be 2,794,394,215.

 

The above figure of 2,794,394,215 should be used by shareholders in the
Company as the denominator for the calculations by which they will determine
if they are required to notify their interest in, or a change to their
interest in, the share capital of the Company under the Financial Conduct
Authority's Disclosure Guidance and Transparency Rules.

 

 

 

Enquiries

 

 Technology Minerals Plc
 Robin Brundle, Executive Chairman          c/o +44 (0)20 4582 3500

 Alex Stanbury, Chief Executive Officer

 Oberon Investments Limited (Broker)
 Nick Lovering, Adam Pollock                +44 (0)20 3179 0500

 Gracechurch Group (Financial PR)
 Harry Chathli, Alexis Gore, Rebecca Scott  +44 (0)20 4582 3500

 

Technology Minerals Plc

Technology Minerals is developing the UK's first listed, sustainable circular
economy for battery metals, using cutting-edge technology to recycle, recover,
and re-use battery technologies for a renewable energy future. Technology
Minerals is focused on raw material exploration required for Li-ion batteries,
whilst solving the ecological issue of spent Li-ion batteries, by recycling
them for re-use by battery manufacturers. Further information on Technology
Minerals is available at  www.technologyminerals.co.uk
(http://www.technologyminerals.co.uk) .

 

 

NOTIFICATION OF TRANSACTIONS OF DIRECTORS, PERSONS DISCHARGING MANAGERIAL
RESPONSIBILITIES OR CONNECTED PERSONS

 

This notification is made in accordance with the requirements of the Market
Abuse Regulation.

 

 1   Details of the person discharging managerial responsibilities / person closely
     associated
 a)  Name                                                         Alexander Stanbury
 2   Reason for the notification
 a)  Position/status                                              CEO
 b)  Initial/Amendment notification                               Initial
 3   Details of the issuer, emission allowance market participant, auction
     platform, auctioneer or auction monitor
 a)  Name                                                         Technology Minerals Plc
 b)  LEI                                                          2138001U1U2XY5UYA479
 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 £0.001 each

     Identification code

                                                                  GB00BP094P47
 b)  Nature of the transaction                                    Acquisition

 c)  Price(s) and volume(s)

Price (GBP)  Volume
                                                                  0.001        30,566,360
                                                                  0.001        406,806,200

 
 d)  Aggregated information

     -     Aggregated volume                                      437,372,560

     -     Price                                                  £0.001
 e)  Date of the transaction                                      15 April 2025
 f)  Place of the transaction                                     Off market

 

d)

Aggregated information

 

-     Aggregated volume

 

-     Price

 

 

437,372,560

 

£0.001

e)

Date of the transaction

15 April 2025

f)

Place of the transaction

Off market

 

 

 

NOTIFICATION OF TRANSACTIONS OF DIRECTORS, PERSONS DISCHARGING MANAGERIAL
RESPONSIBILITIES OR CONNECTED PERSONS

 

This notification is made in accordance with the requirements of the Market
Abuse Regulation.

 

 1   Details of the person discharging managerial responsibilities / person closely
     associated
 a)  Name                                                         Alexander Stanbury
 2   Reason for the notification
 a)  Position/status                                              CEO
 b)  Initial/Amendment notification                               Initial
 3   Details of the issuer, emission allowance market participant, auction
     platform, auctioneer or auction monitor
 a)  Name                                                         Technology Minerals Plc
 b)  LEI                                                          2138001U1U2XY5UYA479
 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 £0.001 each

     Identification code

                                                                  GB00BP094P47
 b)  Nature of the transaction                                    Disposal
 c)  Price(s) and volume(s)

Price (GBP)  Volume
                                                                  0.001        375,306,200

 
 d)  Aggregated information

     -     Aggregated volume                                      375,306,200

     -     Price                                                  £0.001
 e)  Date of the transaction                                      15 April 2025
 f)  Place of the transaction                                     Off Market

 

d)

Aggregated information

 

-     Aggregated volume

 

-     Price

 

 

375,306,200

 

£0.001

e)

Date of the transaction

15 April 2025

f)

Place of the transaction

Off Market

 

 

NOTIFICATION OF TRANSACTIONS OF DIRECTORS, PERSONS DISCHARGING MANAGERIAL
RESPONSIBILITIES OR CONNECTED PERSONS

 

This notification is made in accordance with the requirements of the Market
Abuse Regulation.

 

 1   Details of the person discharging managerial responsibilities / person closely
     associated
 a)  Name                                                         James Cable
 2   Reason for the notification
 a)  Position/status                                              CFO
 b)  Initial/Amendment notification                               Initial
 3   Details of the issuer, emission allowance market participant, auction
     platform, auctioneer or auction monitor
 a)  Name                                                         Technology Minerals Plc
 b)  LEI                                                          2138001U1U2XY5UYA479
 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 £0.001 each

     Identification code

                                                                  GB00BP094P47
 b)  Nature of the transaction                                    Acquisition

 c)  Price(s) and volume(s)

Price (GBP)  Volume
                                                                  0.001        15,570,990

 
 d)  Aggregated information

     -     Aggregated volume                                      15,570,990

     -     Price                                                  £0.001
 e)  Date of the transaction                                      15 April 2025
 f)  Place of the transaction                                     Off market

 

d)

Aggregated information

 

-     Aggregated volume

 

-     Price

 

 

15,570,990

 

£0.001

e)

Date of the transaction

15 April 2025

f)

Place of the transaction

Off market

 

 

 

NOTIFICATION OF TRANSACTIONS OF DIRECTORS, PERSONS DISCHARGING MANAGERIAL
RESPONSIBILITIES OR CONNECTED PERSONS

 

This notification is made in accordance with the requirements of the Market
Abuse Regulation.

 

 1   Details of the person discharging managerial responsibilities / person closely
     associated
 a)  Name                                                         Lester Kemp
 2   Reason for the notification
 a)  Position/status                                              COO
 b)  Initial/Amendment notification                               Initial
 3   Details of the issuer, emission allowance market participant, auction
     platform, auctioneer or auction monitor
 a)  Name                                                         Technology Minerals Plc
 b)  LEI                                                          2138001U1U2XY5UYA479
 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 £0.001 each

     Identification code

                                                                  GB00BP094P47
 b)  Nature of the transaction                                    Acquisition

 c)  Price(s) and volume(s)

Price (GBP)  Volume
                                                                  0.001        7,867,150

 
 d)  Aggregated information

     -     Aggregated volume                                      7,867,150

     -     Price                                                  £0.001
 e)  Date of the transaction                                      15 April 2025
 f)  Place of the transaction                                     Off market

 

d)

Aggregated information

 

-     Aggregated volume

 

-     Price

 

 

7,867,150

 

£0.001

e)

Date of the transaction

15 April 2025

f)

Place of the transaction

Off market

 

 

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