REG - Zinnwald Lithium PLC - Result of RetailBook Offer

Zinnwald LithiumAnnouncement

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RNS Number : 4400N  Zinnwald Lithium PLC  18 June 2025

THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES OF ARTICLE 7 OF
THE MARKET ABUSE REGULATION (EU) 596/2014 (WHICH FORMS PART OF DOMESTIC UK LAW
PURSUANT TO THE EUROPEAN UNION (WITHDRAWAL) ACT 2018 ("UK MAR").

 

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN OR INTO, OR TO ANY PERSON
LOCATED OR RESIDENT IN, ANY JURISDICTION WHERE IT IS UNLAWFUL TO RELEASE,
PUBLISH OR DISTRIBUTE THIS ANNOUNCEMENT.

 

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART IN OR INTO
THE UNITED STATES, CANADA OR JAPAN.

 

18 June 2025

Zinnwald Lithium plc

 

("Zinnwald" or the "Company")

 

Result of RetailBook Offer

 

Zinnwald (AIM:ZNWD), the German focused lithium development, announced on 17
June 2025 the launch of a fundraising comprising a Placing and Subscription
in conjunction with a RetailBook Offer (together, the "Fundraising").

 

The Company is pleased to announce that the RetailBook Offer successfully
completed and closed at 11 a.m. on 18 June 2025 and that it has raised
approximately £236,000 in the RetailBook Offer through the issue of
4,726,930 new Ordinary Shares at the Issue Price of 5 pence per share.

 

Following the closing of the RetailBook Offer, the Company has conditionally
raised gross proceeds of approximately £3.39 million at the Issue Price via
the Fundraising.

 

The Company will therefore be required to issue and allot a total of
67,817,930 new Ordinary Shares to satisfy the Fundraising.

 

Following completion of the Fundraising and the issue of the 67,817,930 new
Ordinary Shares, AMG, Mark Tindall and Henry Maxey will hold 29.32%, 5.19% and
14.61% respectively of the enlarged issued share capital of the Company.

 

Capitalised terms used in this announcement shall, unless defined in this
announcement or unless the context provides otherwise, bear the same meaning
ascribed to such terms in the launch announcement.

 

Admission and Total Voting Rights

Application will be made for these new Ordinary Shares, which rank pari passu
with the Company's existing Ordinary Shares, to be admitted to trading on AIM
("Admission"). Admission is expected to commence at 8.00 a.m. on or around 24
June 2025.

 

Following the issue of the new Ordinary Shares, the Company will
have 542,354,605 ordinary shares of 1 pence in issue. The figure
of 542,354,605 may be used by the Company's 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 Company under
the Financial Conduct Authority's Disclosure Rules and Transparency Rules.

 

Defined terms in this announcement shall have the same meaning as in the
Company's announcement of 17 June 2025 (#0789N), unless otherwise specified.

 

ENDS

 

For further information visit the Zinnwald website www.zinnwaldlithium.com
(http://www.zinnwaldlithium.com/) or sign up to our investor community to
connect directly with the management team
investors.zinnwaldlithium.com/auth/signup
(https://investors.zinnwaldlithium.com/auth/signup) .

 

 Anton du Plessis                                 Zinnwald Lithium Plc     info@zinnwaldlithium.com (mailto:info@zinnwaldlithium.com)

 Cherif Rifaat

 Submit questions via the Zinnwald investor hub                            https://investors.zinnwaldlithium.com/s/92fa2f
                                                                           (https://investors.zinnwaldlithium.com/s/92fa2f)
 David Hart                                       Allenby Capital Limited  +44 (0) 20 3328 5656

 Dan Dearden-Williams                             (Nominated Adviser)
 Michael Seabrook                                 Oberon Capital           +44 (0) 20 3179 5300

 Adam Pollock                                     (Joint Broker)

 Jessica Cave
 Isabel de Salis                                  St Brides Partners       zinnwald@stbridespartners.co.uk (mailto:zinnwald@stbridespartners.co.uk)

 Paul Dulieu                                      (Financial PR)

 

Notes:

References to times in this Announcement are to London time unless otherwise
stated.

The times and dates mentioned throughout this Announcement may be adjusted by
the Company in which event the Company will make an appropriate announcement
to a Regulatory Information Service giving details of any revised dates and
the details of the new times and dates will be notified to London Stock
Exchange plc (the "London Stock Exchange") and, where appropriate,
Shareholders. Shareholders may not receive any further written communication.

 

IMPORTANT INFORMATION

This Announcement is not for publication or distribution, directly or
indirectly, in or into the United States of America. This Announcement is not
an offer of securities for sale into the United States. The securities
referred to herein have not been and will not be registered under the U.S.
Securities Act of 1933, as amended, and may not be offered or sold in the
United States, except pursuant to an applicable exemption from registration.
No public offering of securities is being made in the United States.

 

This Announcement and the information contained herein, is restricted and is
not for publication, release or distribution, directly or indirectly, in whole
or in part, in or into Australia, Canada, the Republic of South Africa, Japan
or any other jurisdiction in which such publication, release or distribution
would be unlawful.  Further, this Announcement is for information purposes
only and is not an offer of securities in any jurisdiction.

 

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