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RNS Number : 3367F Zanaga Iron Ore Company Ltd 21 May 2026
21 May 2026
Zanaga Iron Ore Company Limited
("ZIOC" or the "Company")
Admission to Trading and Total Voting Rights
Zanaga Iron Ore Company Limited (AIM: ZIOC) announces that, following the
announcement made on 15 May 2026 (the "Results Announcement") regarding the
results of the Placing, Subscription and Retail Offer, a total of 158,721,698
new ordinary shares will be admitted to trading on AIM at 8a.m. (London time)
tomorrow.
The new ordinary shares admitted are split as follows:
Number of shares issued from the Placing and Subscription 140,000,000
Number of shares issued from the Retail Offer 2,295,459
Number of shares issued from the Director Fee Shares 16,426,239
The total number of Ordinary Shares in issue will be 991,101,694 and the total
number of voting rights will therefore be 991,101,694. 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 to
their interest in, the share capital of the Company under the FCA's Disclosure
Guidance and Transparency Rules.
For further information, please contact:
Zanaga Iron Ore Company Limited Andrew Trahar
+44 20 3916 5021
Panmure Liberum Limited Scott Mathieson / John More / Izzy Anderson
Nominated Adviser, Financial Adviser and Joint Broker +44 20 3100 2000
Tamesis Partners LLP Richard Greenfield/ Charles Bendon
Joint Broker +44 203 882 2868
Shard Capital Partners LLP Damon Heath
Joint Broker +44 20 7186 9952
BlytheRay Megan Ray / Will Jones
Public Relations +44 20 7138 3204
Zanaga@BlytheRay.com
ENDS
About ZIOC:
Zanaga Iron Ore Company Limited (AIM ticker: ZIOC) is an iron ore exploration
and development company, with its flagship asset being the 100%
owned Zanaga Iron Ore Project, located in the Republic of Congo. The
Government Mining Licence, Environmental Permit and Mining Convention are all
in place for the Project.
The Zanaga Iron Ore Project is a globally significant asset with a 6.9 billion
tonne resource and a 2.1 billion tonne reserve, targeting 30Mtpa production of
high-grade DRI pellet feed with very low impurity levels. When fully
developed, Stage One (12Mtpa) and Stage Two (18Mtpa expansion) together could
establish Zanaga as one of the world's largest iron ore mines. With all key
permits secured, Zanaga is well positioned to benefit from increasing demand
for high-quality, low-impurity iron ore, supported by low operating costs and
an efficient slurry pipeline to port.
In the context of the global transition towards lower-carbon steel production,
the Zanaga Project is well positioned to become one of the largest producers
of high-grade, premium DRI pellet feed iron ore concentrate.
The Zanaga Iron Ore Company Limited LEI number is 21380085XNXEX6NL6L23.
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