21 May 2026
Zanaga Iron Ore Company Limited
("ZIOC" or the "Company")
Admission to Trading and Total Voting Rights
Zanaga Iron Ore Company Limited (AIM: ZIOC) announces that, following the announcement made on 15 May 2026 (the "Results Announcement") regarding the results of the Placing, Subscription and Retail Offer, a total of 158,721,698 new ordinary shares will be admitted to trading on AIM at 8a.m. (London time) tomorrow.
The new ordinary shares admitted are split as follows:
|
Number of shares issued from the Placing and Subscription |
140,000,000 |
|
Number of shares issued from the Retail Offer |
2,295,459 |
|
Number of shares issued from the Director Fee Shares |
16,426,239 |
The total number of Ordinary Shares in issue will be 991,101,694 and the total number of voting rights will therefore be 991,101,694. This figure may be used by shareholders 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 FCA's Disclosure Guidance and Transparency Rules.
For further information, please contact:
|
Zanaga Iron Ore Company Limited
|
Andrew Trahar +44 20 3916 5021 |
|
Panmure Liberum Limited Nominated Adviser, Financial Adviser and Joint Broker |
Scott Mathieson / John More / Izzy Anderson +44 20 3100 2000 |
|
Tamesis Partners LLP Joint Broker |
Richard Greenfield/ Charles Bendon +44 203 882 2868 |
|
Shard Capital Partners LLP Joint Broker |
Damon Heath +44 20 7186 9952 |
|
BlytheRay Public Relations |
Megan Ray / Will Jones +44 20 7138 3204 Zanaga@BlytheRay.com |
ENDS
About ZIOC:
Zanaga Iron Ore Company Limited (AIM ticker: ZIOC) is an iron ore exploration and development company, with its flagship asset being the 100% owned Zanaga Iron Ore Project, located in the Republic of Congo. The Government Mining Licence, Environmental Permit and Mining Convention are all in place for the Project.
The Zanaga Iron Ore Project is a globally significant asset with a 6.9 billion tonne resource and a 2.1 billion tonne reserve, targeting 30Mtpa production of high-grade DRI pellet feed with very low impurity levels. When fully developed, Stage One (12Mtpa) and Stage Two (18Mtpa expansion) together could establish Zanaga as one of the world's largest iron ore mines. With all key permits secured, Zanaga is well positioned to benefit from increasing demand for high-quality, low-impurity iron ore, supported by low operating costs and an efficient slurry pipeline to port.
In the context of the global transition towards lower-carbon steel production, the Zanaga Project is well positioned to become one of the largest producers of high-grade, premium DRI pellet feed iron ore concentrate.
The Zanaga Iron Ore Company Limited LEI number is 21380085XNXEX6NL6L23.