Issue of Equity

RNS Number : 1366X
MetalNRG PLC
25 August 2022
 

T HIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES OF ARTICLE 7 OF REGULATION 2014/596/EU WHICH IS PART OF DOMESTIC UK LAW PURSUANT TO THE MARKET ABUSE (AMENDMENT) (EU EXIT) REGULATIONS (SI 2019/310) ("UK MAR"). UPON THE PUBLICATION OF THIS ANNOUNCEMENT, THIS INSIDE INFORMATION (AS DEFINED IN UK MAR) IS NOW CONSIDERED TO BE IN THE PUBLIC DOMAIN.

 

 

25 August 2022

 

MetalNRG plc

 

("MetalNRG" or the "Company")

 

Issue of Equity

 

MetalNRG (LON:MNRG), the natural resources and energy investment company , announces that it has received a notice of conversion in respect of £58,903.48 of an unsecured loan facility (including accrued interest) and as a result 71,484,809 new MetalNRG Ordinary Shares (the "New Shares") have been issued at £ 0.000824 per share.

 

Admission of New Shares to trading on the Main Market of the London Stock Exchange

Application will be made for the New Shares to be admitted to listing on the Standard Segment of the Official List and trading on the London Stock Exchange's Main Market for listed securities ("Admission"). Admission of the New Shares is expected to occur on or around 30 August 2022.

The New Shares will rank pari passu with the existing ordinary shares of the Company.

Total Voting Rights

For the purposes of the Financial Conduct Authority's Disclosure Guidance and Transparency Rules ("DTRs"), following the issue of the New Shares referred to above, the issued ordinary share capital of MetalNRG will consist of 1,206,704,269 ordinary shares with voting rights attached (one vote per share). There are no shares held in treasury.  This total voting rights figure may be used by shareholders as the denominator for the calculation by which they will determine whether they are required to notify their interest in, or a change to their interest in, MetalNRG under the DTRs.

 

 

The release of this information was arranged by Rolf Gerritsen, Chief Executive Officer.



END

 

Contact details:

MetalNRG PLC
Christopher Latilla-Campbell


+44 (0) 20 7796 9060

Corporate Broker
PETERHOUSE CAPITAL LIMITED
Lucy Williams/Duncan Vasey



+44 (0) 20 7469 0930

Corporate Broker
SI CAPITAL LIMITED
Nick Emerson



+44 (0) 1483 413500

 

 

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