Additional Subscription

Summary by AI BETAClose X

Rome Resources plc has conditionally raised an additional £390,000 from existing non-UK shareholders, bringing the total proceeds from its equity subscription to approximately £1.59 million. This further funding was achieved through the issue of 130,000,000 new ordinary shares at 0.1 pence each, which will rank pari passu with existing shares. Application has been made for these new shares to be admitted to trading on AIM, expected around May 5, 2026, at which point the Company's total issued ordinary share capital will be 7,667,025,932 shares.

Disclaimer*

Rome Resources PLC
27 April 2026
 

This announcement contains inside information for the purposes of Regulation 11 of the Market Abuse (Amendment) (EU Exit) Regulations 2019/310. With the publication of this announcement via a Regulatory Information Service, this inside information is now considered to be in the public domain.

 

27 April 2026

Rome Resources plc

("Rome Resources" or the "Company")

Additional Subscription from existing non-UK Shareholders

 

Rome Resources plc (AIM: RMR), the DRC-focused tin and copper explorer, announces that, further to its announcement on 20 April 2026 regarding the conditional direct equity subscription of approximately £1.2 million (the "Subscription"), certain existing non-UK shareholders of the Company contacted Rome Resources requesting to participate in the financing on the same terms.

 

As such, the Company is pleased to announce that it has conditionally raised a further £390,000, bringing total proceeds from the Subscription to approximately £1.59 million, through the issue of 130,000,000 new ordinary shares of 0.1 pence each (the "Additional Subscription Shares"). The Additional Subscription Shares will be issued in certificated form and when issued and fully paid, will rank pari passu in all respects with the existing Ordinary Shares in issue and therefore will rank equally for all dividends or other distributions declared, made or paid after the issue of the Additional Subscription Shares.

 

Admission and Disclosure Guidance and Transparency Rules

Application will be made to the London Stock Exchange Plc for the 130,000,000 new Ordinary Shares to be admitted to trading on AIM ("Admission") and it is expected that Admission will become effective on or around 5 May 2026. Upon Admission, Rome Resources issued ordinary share capital will comprise 7,667,025,932 Ordinary Shares. Upon Admission, this number will represent the total voting rights in the Company, and, following Admission may be used by shareholders as the denominator for the calculation by which they can determine if they are required to notify their interest in, or a change to their interest in, the Company under the Financial Conduct Authority's Disclosure Guidance and Transparency Rules.

 

 

Paul Barrett, Chief Executive Officer of Rome Resources, commented:

 

''We value the long-term support of these long-standing non-UK investors who have been shareholders of Rome Resources since its TSX listing and prior to the Company's migration to AIM.

 

Their decision to approach the Company after the initial Subscription and request participation on the same terms is a strong vote of confidence in the broader potential of our DRC projects following on from our most successful drilling campaign at Kalayi to date."

 

For further information, please contact:

 

Investor questions on this announcement

We encourage all investors to share questions

on this announcement via our investor hub

 

https://romeresources.com/link/PQbw9y

Rome Resources Plc

Paul Barrett, Chief Executive Officer

 

Tel. +44 (0)20 3143 6748

Allenby Capital Limited (Nominated Adviser and Joint Broker)

John Depasquale / Vivek Bhardwaj (Corporate Finance)

Kelly Gardiner / Lauren Wright (Sales & Corporate Broking)

 

Tel. +44 (0)20 3328 5656

 

OAK Securities (Joint Broker)

Jerry Keen, Head of Corporate Broking

Henry Clarke, Head of Sales

 

Tel. +44 (0)20 3973 3678

Camarco (Financial PR)

Gordon Poole / Sam Morris

 

  Tel. +44 (0)20 3757 4980

           

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