Business
Warrants/Holding in Company
Warrants/Holding in Company.
About this update from Metals Exploration Plc
[{"type":"text","content":"\n Metals Exploration PLC\n08 March 2006\n\n METALS EXPLORATION PLC\n\n\n\n Exercise of Warrants and Notification of Change in Significant Holding\n\n\n\n8 March 2006\n\n\n\nExercise of Warrants\n\n\n\nMetals Exploration PLC ('the Company') today announces that it has issued and\nallotted 125,000 new Ordinary Shares of 1p each, at a price of 20 pence per\nshare, pursuant to an exercise of warrants.\n\n\n\nThe new Ordinary Shares will rank pari passu with the existing Ordinary Shares\nof 1p each in the Company and trading of these shares on AIM is expected to\ncommence on 14 March 2006.\n\n\n\nThe total number of Ordinary Shares in issue following this exercise of warrants\nis 50,811,385.\n\n\n\nNotification of Change in Significant Holding\n\n\n\nUnder sections 198 to 202 of the Companies Act 1985 and rule 17 of the AIM Rules\nthe following information falls to be disclosed.\n\n\n\nAs notified to the Company on 7 March 2006, Cantor Fitzgerald Europe are\ninterested in 3,596,500 ordinary shares of the Company. This interest represents\n7.08% of the total number of Ordinary Shares in issue.\n\n\n\n\n This information is provided by RNS\n The company news service from the London Stock Exchange \n ","length":1293,"tagName":"div"}]