Business
Block Listing Application
Altona Rare Earths PLC has applied for a block listing of up to 100,000,000 ordinary shares of £0.01 each on the London Stock Exchange's Main Market, expected to be effective around 25 March 2026. This application is intended to streamline the issuance of shares from warrant exercises or other issuances, reducing administrative time and costs, and no shares are being issued as part of this announcement. Disclaimer*
About this update from Altona Rare Earths Plc
[{"type":"text","content":"\n\n23 March 2026\n \n \nALTONA RARE EARTHS PLC\n(\"Altona\" or \"the Company\")\n \nBlock Listing Application\n \nAltona Rare Earths plc (LSE: REE), the critical raw materials exploration and development company focused on Africa, announces that it has applied for a block listing of up to 100,000,000 ordinary shares of £0.01 each (the \"Block Listing Shares\") to be admitted to trading on the Main Market of the London Stock Exchange.\n \nThe block listing facilitates the Company to issue shares from time to time upon the exercise of warrants and/or other share issuances, without needing to apply for admission to trading each time shares are issued. This approach reduces administrative time and costs for the Company.\n \nNo shares are being issued as part of this announcement.\n \nAdmission of the Block Listing Shares is expected to become effective on or around 25 March 2026. Any shares issued under the block listing will be fully paid and will rank pari passu with the Company's existing ordinary shares.\n \nIf warrants are exercised and/or new shares are issued, the Company's issued share capital and total voting rights will be updated accordingly.\n \n \nThis announcement contains information which, prior to its disclosure, was inside information as stipulated under Regulation 11 of the Market Abuse (Amendment) (EU Exit) Regulations 2019/310 (as amended).\n \n-ends-\n \nTo subscribe for RNS alerts, please visit: https://investors.altonare.com/ \n \nAltona Rare Earths Plc\nCédric Simonet, CEO +44 (0) 7778 866 108 ([email protected])\nLouise Adrian, CFO +44 (0) 7721 492 922 ([email protected])\n \nStrand Hanson (Financial Adviser) &nbs...