REG - Trident Royalties - Total Voting Rights

Trident RoyaltiesAnnouncement

29/12/2023 07:00

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RNS Number : 6214X  Trident Royalties PLC  29 December 2023

29 December 2023

Trident Royalties Plc

("Trident" or the "Company")

 

TOTAL VOTING RIGHTS

 

In compliance with the FCA's Disclosure Guidance and Transparency Rules (the
"Rules"), the Company announces that, as at the date of this announcement, it
has 292,730,176 ordinary shares of £0.01 each ("Ordinary Shares") in
issue.  The Company does not hold any shares in treasury and all of the
Ordinary Shares have equal voting rights.

 

The figure of 292,730,176 Ordinary Shares represents the total voting rights
in the Company and may be used by shareholders as the denominator for the
calculations by which they can determine if they are required to notify their
interest in, or a change to their interest in the Company under the Rules.

 

 

** Ends **

Contact details:

 

 Trident Royalties Plc                             www.tridentroyalties.com

 Adam Davidson / Richard Hughes                    +1 (757) 208-5171 / +44 7967 589997
 Grant Thornton (Nominated Adviser)                www.grantthornton.co.uk

                                                 (file:///C:/Users/afdav/AppData/Local/Microsoft/Windows/INetCache/Content.Outlook/GCSQ6WT9/www.grantthornton.com)
 Colin Aaronson / Samantha Harrison / Enzo Aliaj

                                                   +44 020 7383 5100
 Liberum Capital Limited (Joint Broker)            www.liberum.com (http://www.liberum.com/)

 Scott Mathieson / Cara Murphy                     +44 20 3100 2184
 Stifel Nicolaus Europe Limited (Joint Broker)     www.stifelinstitutional.com (http://www.stifelinstitutional.com/)

 Callum Stewart / Ashton Clanfield                 +44 20 7710 7600
 Tamesis Partners LLP (Joint Broker)               www.tamesispartners.com (http://www.tamesispartners.com/)

 Richard Greenfield / Charlie Bendon               +44 20 3882 2868
 Brides Partners Ltd (Financial PR & IR)           www.stbridespartners.co.uk (http://www.stbridespartners.co.uk/)

 Susie Geliher / Zoe Briggs                        +44 20 7236 1177

 

About Trident

 

Trident is a growth-focused diversified mining royalty and streaming company,
providing investors with exposure to a mix of base battery, precious, and bulk
metals.

Key highlights of Trident's strategy include:

 

 ·      Building upon a royalty and streaming portfolio which broadly
 mirrors the commodity exposure of the global mining sector (excluding fossil
 fuels) with a bias towards production or near-production assets,
 differentiating Trident from the majority of peers which are exclusively, or
 heavily weighted, to precious metals;

 ·      Acquiring royalties and streams in resource-friendly
 jurisdictions worldwide, while most competitors have portfolios focused on
 North and South America;

 ·      Targeting attractive small-to-mid size transactions which are
 often ignored in a sector dominated by large players;

 ·      Active deal-sourcing which, in addition to writing new royalties
 and streams, will focus on the acquisition of assets held by natural sellers
 such as: closed-end funds, prospect generators, junior and mid-tier miners
 holding royalties as non-core assets, and counterparties seeking to monetise
 packages of royalties and streams which are otherwise undervalued by the
 market;

 ·      Maintaining a low-overhead model which is capable of supporting a
 larger scale business without a commensurate increase in operating costs; and

 ·      Leveraging the experience of management, the board of directors,
 and Trident's adviser team, all of whom have deep industry connections and
 strong transactional experience across multiple commodities and jurisdictions.

 

The acquisition and aggregation of individual royalties and streams is
expected to deliver strong returns for shareholders as assets are acquired on
terms reflective of single asset risk compared with the lower risk profile of
a diversified, larger scale portfolio. Further value is expected to be
delivered by the introduction of conservative levels of leverage through debt.
Once scale has been achieved, strong cash generation is expected to support an
attractive dividend policy, providing investors with a desirable mix of
inflation protection, growth and income.

 

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