Issue of Equity

Summary by AI BETAClose X

Atlas Metals Group PLC announced the application for admission of 648,497 ordinary shares to the London Stock Exchange, expected on April 1, 2026. These new shares, issued at 7.71 pence each, will fully settle a contractual claim against the company and will rank pari passu with existing shares. Following admission, the total issued ordinary share capital will be 39,181,427 shares, representing the total voting rights.

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Atlas Metals Group PLC
31 March 2026
 

31 March 2026

Atlas Metals Group plc

("Atlas Metals" or the "Company")

 

Issue of equity

 

Atlas Metals (LON: AMG), the natural resources and energy company announces that application has been made to London Stock Exchange plc (the "London Stock Exchange") for the admission of 648,497 ordinary shares of nominal value £0.01 each ("Ordinary Shares") to be admitted to trading on the main market for listed securities of the London Stock Exchange ("Admission").

Admission relates to the allotment of 648,497 new Ordinary Shares ("New Shares") to be issued to a third party in full and final settlement of a contractual claim against the Company, calculated by reference to the average prevailing 5-day volume-weighted average price of Ordinary Shares for the period ending 23 March 2026, being 7.71 pence.

Admission of the New Shares is expected to occur on 1 April 2026. The New Shares will rank pari passu in all respects with the existing Ordinary Shares.

Following Admission, the Company's issued ordinary share capital will comprise 39,181,427 Ordinary Shares, each carrying one vote. The Company does not hold any Ordinary Shares in treasury. The total number of voting rights in the Company following Admission will therefore be 39,181,427. With effect from Admission, this figure may be used by shareholders as the denominator for the calculations by which they determine whether they are required to notify their interest in, or a change to their interest in, the Company under the FCA's Disclosure Guidance and Transparency Rules.  

For further information, please contact:

Atlas Metals Group plc:

Christopher Chadwick

+44 (0) 207 796 9060

Strand Hanson - Financial Adviser and Sponsor:

Rory Murphy

+44 (0) 207 409 1761

Abigail Wennington

+44 (0) 207 409 1761

Edward Foulkes

+44 (0) 207 409 1761

S I Capital Limited - Joint Broker:

Nick Emerson

+44 (0) 1483 413500

CMC Markets - Joint Broker:


Douglas Crippen

+44 (0) 20 3003 8632

Axis Capital Markets Limited - Joint Broker:


Richard Hutchison

+44 (0) 20 3026 0320

IFC Advisory Limited - Financial PR and IR:

Tim Metcalfe

+44 (0) 203 934 6632

Florence Staton

+44 (0) 203 934 6632

 

 

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