Business
Issue of Equity-Amendment
First Class Metals PLC has announced an amendment to its "Issue of Equity & Total Voting Rights" announcement, confirming that admission of 3,711,401 new ordinary shares is expected around January 6, 2026. This issuance arises from a conversion notice for £50,000 worth of convertible loan notes, bringing the total issued share capital to 237,644,221 ordinary shares, each with one voting right. Disclaimer*
About this update from First Class Metals Plc
[{"type":"text","content":"\n\nThe following amendment has been made to the \"Issue of Equity & Total Voting Rights\" announcement, released on 18/12/2025 at 10:25am under RNS No: 1280M\nAdmission is expected to occur on or around 6 January 2026.\n \nThe information contained within this announcement is deemed to constitute inside information as stipulated under the retained EU law version of the Market Abuse Regulation (EU) No. 596/2014 (the \"UK MAR\") which is part of UK law by virtue of the European Union (Withdrawal) Act 2018. The information is disclosed in accordance with the Company's obligations under Article 17 of the UK MAR. Upon the publication of this announcement, this inside information is now considered to be in the public domain.\n \n \nFIRST CLASS METALS PLC\nIssue of Equity & Total Voting Rights\n \nFirst Class Metals PLC (\"First Class Metals\", \"FCM\" or the \"Company\") the UK listed company focused on the discovery of economic metal deposits across its exploration properties in Ontario, Canada, announces it has received a conversion notice in respect of a portion of the Notes* issued pursuant to the Convertible Loan Note instrument announced on 12 November 2025 as detailed below.\n \n\n\n\n\nNotes to be converted: * & **\n\n\n50,000\n\n\n\n\nValue of Notes to be converted:\n\n\n£50,000\n\n\n\n\nDate of conversion notice:\n\n\n16/12/2025\n\n\n\n\nNumber of Ordinary shares to be issued to satisfy the conversion\n\n\n3,711,401\n\n\n\n\n \n* Notes = 500,000 £1.00 interest-free convertible loan notes\n** Using the conversion formula set out in the 12 Nov 2025 announcement\n \nApplication will be made to the Financial Conduct Authority (\"FCA\") for admission of the 3,711,401 new ordinary shares to the Official List (Standard Segment), and to the London Stock Exchange for admission to trading on the Main Market for listed securities (together, \"Admission\"). Admission is expected to occur on or around 23 December 2025.\nFollowing Admission, the Company's issued share capital will consist of 237,644,221 ordinary shares of 0.1p each, each with one voting right. The Company does not hold any shares in treasury. Therefore, the total number of voting rights in the Company will be 237,644,221. This figure may be used by shareholders as the denominator for calculations by which they...