07:00 Fri 04 Dec 2020
Panther Metals PLC - Issue of Equity
THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES OF ARTICLE 7 OF EU REGULATION 596/2014. UPON THE PUBLICATION OF THIS ANNOUNCEMENT VIA A REGULATORY NEWS SERVICE, THIS INSIDE INFORMATION IS NOW CONSIDERED TO BE IN THE PUBLIC DOMAIN.
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY IN OR INTO
FOR IMMEDIATE RELEASE |
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PANTHER METALS PLC
("Panther" or the "Company")
(Incorporated in the
Placing
Panther Metals PLC (LSE:PALM), the company focused on mineral exploration in
The Placing Price of
When issued, the Placing Shares will be credited as fully paid and will rank pari passu in all respects with the existing ordinary shares in the share capital of the Company, including the right to receive all dividends and other distributions declared, made or paid on or in respect of such shares after the date of issue of the Placing Shares.
Application has been made to the Financial Conduct Authority ("FCA") for admission of the Placing Shares to the standard listing segment of the Official List and to the London Stock Exchange (the "LSE") for admission to trading of the Placing Shares on the LSE's Main Market for listed securities (together "Admission"). It is expected that Admission will take place at
Total Voting Rights
Following Admission, the Company's total issued share capital consists of 57,127,949 Ordinary Shares. The Company does not hold any Ordinary Shares in treasury.
Therefore, following Admission, the total number of voting rights in Panther Metals plc is 57,127,949. 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 in their interest in, the Company under the FCA's Disclosure Guidance and Transparency Rules.
"Our ability to conduct this raise at no discount to market and with no attached warrants at a
This announcement contains inside information for the purposes of Article 7 of the Market Abuse Regulation (EU) 596/2014 ("MAR"), encompassing information relating to the Placing as described above, and is disclosed in accordance with the Company's obligations under Article 17 of MAR.
The person who arranged for the release of this announcement on behalf of the Company was
End
Panther Metals PLC:
and +44(0)7971957685
Brokers:
SI Capital Limited
Peterhouse Capital Limited
Guy Miller and Duncan Vasey +44(0) 20 7469 0930
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