Conversion of Performance Rights

Europa Metals Ltd

11 December 2023

 

11 December 2023

Europa Metals Ltd

("Europa Metals", the "Company" or the "Group") (AIM, AltX: EUZ)

Conversion of Performance Rights,

Directors' Dealings and Issue of Equity

Europa Metals, the European focused lead, zinc and silver developer, announces that the Company is today issuing, in aggregate, 3,500,000 new Ordinary Shares to two directors of the Company following the conversion of performance rights (the "Conversion Shares"). The relevant performance milestone conditions for the performance rights were achieved during the course of the year. Refer to the RNS of 24 January 2023 for further details.

Application will be made to the London Stock Exchange for the abovementioned 3,500,000 Conversion Shares to be admitted to trading on AIM and to the JSE for quotation on AltX ("Admission"). It is expected that Admission will become effective and that dealings in the Conversion Shares will commence at 8.00 a.m. on Friday, 15 December 2023 on AIM and on Monday, 18 December 2023 on the JSE.

Following Admission, the Company's total issued ordinary share capital will comprise 97,671,790 Ordinary Shares with voting rights. 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 Company's share capital pursuant to the Company's Constitution.

Following Admission, the beneficial shareholdings of the directors receiving Conversion Shares will be as follows:

Director	Position	Number of Conversion Shares to be received	Total number of Ordinary Shares held on Admission	% of voting rights held on Admission
Myles Campion	Executive Chairman and acting CEO	3,000,000	5,108,182	5.23
Daniel Smith	Non-Executive Director	500,000	500,000	0.51

For further information on the Company, please visit www.europametals.com or contact:

Europa Metals Ltd

Dan Smith, Non-Executive Director and Company Secretary (Australia)

T: [phone]

Myles Campion, Executive Chairman and acting CEO (UK)

T: [phone]

Beaumont Cornish (Nominated Adviser/Broker)

James Biddle

T: [phone]

Questco Corporate Advisory Proprietary Limited (JSE Sponsor)

Danielle Christodoulou

T: [phone]

The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulation (EU) No. 596/2014 ("MAR") as it forms part of United Kingdom domestic law by virtue of the European Union (Withdrawal) Act 2018, as amended.

PDMR Notification Forms

The notifications below are made in accordance with the requirements of MAR.

1.	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Myles Campion
2.	Reason for the Notification
a)	Position/status	Executive Chairman and acting CEO
b)	Initial notification/amendment	Initial notification
3.	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Europa Metals Ltd
b)	LEI	2138008QU5PGK777XM59
4.	Details of the transaction(s):section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the Financial instrument, type of instrument	Ordinary shares of no par value each
	Identification code	AU0000090060
b)	Nature of the Transaction	Conversion of performance rights
c)	Price(s) and volume(s)	Price(s) Volume(s) Nil pence 3,000,000
d)	Aggregated information Aggregated volume price	N/A (Single transaction)
e)	Date of the transaction	11 December 2023
f)	Place of the transaction	Outside of a trading venue

1.	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Daniel Smith
2.	Reason for the Notification
a)	Position/status	Non-Executive Director
b)	Initial notification/amendment	Initial notification
3.	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Europa Metals Ltd
b)	LEI	2138008QU5PGK777XM59
4.	Details of the transaction(s):section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the Financial instrument, type of instrument	Ordinary shares of no par value each
	Identification code	AU0000090060
b)	Nature of the Transaction	Conversion of performance rights
c)	Price(s) and volume(s)	Price(s) Volume(s) Nil pence 500,000
d)	Aggregated information Aggregated volume price	N/A (Single transaction)
e)	Date of the transaction	11 December 2023
f)	Place of the transaction	Outside of a trading venue

 

END