Completion of £2,000,000 Subscription

Summary by AI BETAClose X

Harena Rare Earths Plc has successfully completed a £2,000,000 subscription, admitting 90,909,090 new ordinary shares to the London Stock Exchange's Main Market. Following this issuance, the company's total issued share capital and voting rights stand at 683,560,108 ordinary shares, a figure shareholders can use for regulatory notification calculations.

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Harena Rare Earths PLC
24 February 2026
 

24 February 2026

Harena Rare Earths Plc

("Harena" or the "Company")

 

Completion of £2,000,000 Subscription

Total voting rights

 

Harena Rare Earths Plc (LSE: HREE, OTCQB: CRMNF), the rare earths company focused on the Ampasindava ionic clay rare earth project in Madagascar (the "Ampasindava Project"), announces the completion of the £2,000,000 investment announced on 18 February 2026. This follows the 90,909,090 new ordinary shares of 0.5 pence each in the Company ("Ordinary Shares") admitting to trading on the Main Market of the London Stock Exchange today ("Admission").

 

Total voting rights

 

The issued share capital of the Company as at the date of this announcement comprises 683,560,108 Ordinary Shares. The Company does not hold any Ordinary Shares in treasury. Therefore, the total number of Ordinary Shares and voting rights in the Company is 683,560,108. This figure may be used by shareholders in the Company 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 share capital of the Company under the Disclosure Guidance and Transparency Rules of the UK Financial Conduct Authority.

 

For further information please contact:

 

Harena Rare Earths Plc

Ivan Murphy, Executive Chairman

Allan Mulligan, Executive Technical Director

 

 

+44 (0)20 7770 6424

 

 

SP Angel - Joint Broker

Ewan Leggat / Josh Ray (Corporate Finance)

 

 

+44 (0)20 3470 0470

 

Marex Financial - Corporate Advisor

Angelo Sofocleous / Keith Swann / Matt Bailey (Broking)

 

+44 (0)20 7655 6000

corporate@marex.com

 

Allenby Capital - Financial Adviser & Joint Broker

Jeremy Porter / Vivek Bhardwaj (Corporate Finance)

Amrit Nahal / Kelly Gardiner (Sales & Corporate Broking)

 

+44 (0)20 3328 5656 info@allenbycapital.com

 

Muriel Siebert & Co. - US Financial Adviser & Broker

Ajay Asija, Co-Head of Investment Banking

 

+1 (917) 902 7823 aasija@siebert.com

 

Celicourt Communications - Public Relations

Mark Antelme / Charles Denley-Myerson

 

+44 (0)20 7770 6424

harena@celicourt.uk  

 

 

Notes to editors

 

Harena (www.harenaresources.com) is a rare earths exploration and development company focused on the Ampasindava Ionic Clay Rare Earth Project in Madagascar (Harena's interest is 100%). The project hosts one of the largest ionic clay rare earth deposits outside of China, with significant concentrations of high-value magnet metals, specifically heavy rare earths, including neodymium (Nd), dysprosium (Dy), and praseodymium (Pr), which are critical for the composition of neodymium magnets (NdFeB). Harena is committed to low-impact, high recovery mining, providing a sustainable supply of critical minerals for the global energy transition and military defence industries as well as meeting the ever-growing demand for NdFeB from the robotics sector.

 

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