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Exercises of Options, PDMR Dealings and TVR

Exercises of Options, PDMR Dealings and TVR.

articleMetals Exploration PlcJune 20, 20245/company/metals-exploration-plc/news/exercises-of-options-pdmr-dealings-and-tvr
Exercises of Options, PDMR Dealings and TVR

About this update from Metals Exploration Plc

[{"type":"text","content":"\n\n20 June 2024\n \nMETALS EXPLORATION PLC\nExercises of Options, PDMR Dealings and Total Voting Rights\nMetals Exploration plc (AIM: MTL) (\"Metals Exploration\", \"MTL\", the \"Company\" or the \"Group\"), a gold producer in the Philippines, announces that it has received notices of exercise from Andrew Chubb and Timothy Livesey, Non-Executive Directors of the Company, each in respect of options over 6,600,000 new ordinary shares of £0.0001 each (\"Ordinary Shares\"), at an exercise price equal to nominal value.\nThe table below details Messrs Chubb and Livesey's exercises of options and their resultant interest in the share capital of the Company:\n\n\n\n\nDirector/PDMR\n\n\nNumber of Ordinary Shares over which options were exercised\n \n\n\nResulting number of Ordinary Shares held\n\n\n% of enlarged share capital\n\n\n\n\nAndrew Chubb\n\n\n6,600,000\n\n\n6,600,000\n\n\n0.31\n\n\n\n\nTimothy Livesey\n\n\n6,600,000\n\n\n6,600,000\n\n\n0.31\n\n\n\n\n \nThe notification below, made in accordance with the requirements of the EU Market Abuse Regulation (as applied in UK law), provides further detail on the transaction.\nAdmission and total voting rights\nApplication has been made to the London Stock Exchange plc for the admission of the 13,200,000 new Ordinary Shares to trading on AIM (\"Admission\"), which is expected to take place at 8.00 a.m. on or around 26 June 2024.\nFollowing Admission, the Company will have 2,117,944,721 Ordinary Shares in issue. The Company does not currently hold any shares in treasury and therefore this figure may be used by shareholders in the Company as the denominator for the calculation by which they may determine if they are required to notify their interest in, or change to their interest in, the share capital of the Company under the FCA's Disclosure Guidance and Transparency Rules.\n \nFor further information please visit or contact:\n\n\n\n\nMetals Exploration PLC\n\n\n \n\n\n\n\nVia Tavistock Communications Limited\n\n\n+44 (0) 207 920 3150\n\n\n\n\n \n\n\n \n\n\n\n\nNominated & Financial Adviser:\n\n\nSTRAND HANSON LIMITED\n\n\n\n\nJames Spinney, James Dance, Rob Patrick\n\n\n+44 (0) 207 409 3494\n\n\n\n\n \n\n\n \n\n\n\n\nFinancial Adviser & Broker:\n\n\nHANNAM & PARTNERS\n\n\n\n\nMatt Hasson, Franck Nganou\n\n\n+44 (0) 207 907 8500\n...

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