Adjustment of Subscription Rights Price

Golden Prospect Precious Metals Ltd

23 July 2026

 

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY IN, INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OR REGULATIONS OF THAT JURISDICTION

FOR IMMEDIATE RELEASE

23 July 2026

Golden Prospect Precious Metals Limited
(the "Company" or "GPM")

Adjustment of Subscription Rights Price

Shareholders are reminded that they have the right to subscribe for one new Ordinary Share for every five Ordinary Shares held in the Company on 30 November each year, as outlined in the circular published and sent to shareholders on 4 November 2022.

The Company announces an adjustment to the fourth Subscription Rights Price to reflect the dividend of 1.51 pence per share payable to shareholders on the register at the close of business tomorrow.

The new Subscription  Rights Price for the exercise date of 1 December 2026 is 103.12 pence (previously 104.63 pence). The new Subscription Rights Price will be used in the calculation of diluted net asset value per share.

Going forward, the Company expects to reduce the Subscription Rights Price by an amount equal to each dividend payable, with effect from the date on which the Ordinary Shares are marked ex dividend. The next and final adjustment for the exercise date of 1 December 2026 is expected to be made in October 2026.

The Subscription Rights Price is included in the daily net asset value publication.

Enquiries
Golden Prospect Precious Metals Limited Monica Tepes, Chair	Via Company Secretary: [e-mail]
Broker: Cavendish Capital Markets Limited Robert Peel (Corporate Finance) Daniel Balabanoff / Pauline Tribe (Sales)	[phone] [phone]
Company Secretary: Apex Fund and Corporate Services (Guernsey) Limited James Taylor	[phone] [e-mail]
PR: Tavistock Jos Simson / Gareth Tredway / Eliza Logan	[phone]

 Notes to editors

 About Golden Prospect Precious Metals

Golden Prospect Precious Metals Limited is a closed-ended investment company incorporated with limited liability in Guernsey on 16 October 2006. The Company's investment objective is to provide Shareholders with capital growth from a portfolio of smaller companies involved in the gold and precious metals mining sector. For the latest factsheet and other information, click here.

 

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