Trident Royalties. - Total Voting Rights

Trident Royalties

31/01/2023 17:30

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RNS Number : 4542O  Trident Royalties PLC.  31 January 2023

31 January 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 291,304,966 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 291,304,966 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%3A/Users/afdav/AppData/Local/Microsoft/Windows/INetCache/Content.Outlook/GCSQ6WT9/www.grantthornton.com)
 Colin Aaronson / Samantha Harrison / Samuel Littler

                                                       +44 020 7383 5100
 Stifel Nicolaus Europe Limited (Joint Broker)         www.stifelinstitutional.com (http://www.stifelinstitutional.com/)

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

 Richard Greenfield                                    +44 20 3882 2868
 Liberum Capital Limited (Joint Broker)                www.liberum.com (http://www.liberum.com/)

 Scott Mathieson / Cara Murphy                         +44 20 3100 2184
 St Brides Partners Ltd (Financial PR & IR)            www.stbridespartners.co.uk (http://www.stbridespartners.co.uk/)

 Susie Geliher / Catherine Leftley                     +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 and precious metals, bulk
materials (excluding thermal coal) and battery metals.

 

Key highlights of Trident's strategy include:

 

·      Building a royalty and streaming portfolio to broadly mirror the
commodity exposure of the global mining sector (excluding thermal coal) 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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