Business
Director Dealing
Director Dealing.
About this update from Panther Metals Plc
[{"type":"text","content":"\n\nTHIS ANNOUNCEMENT AND THE INFORMATION CONTAINED HEREIN IS FOR INFORMATION PURPOSES ONLY AND DOES NOT CONSTITUTE AN OFFER TO SELL OR ISSUE OR THE SOLICITATION OF AN OFFER TO BUY, SUBSCRIBE OR ACQUIRE ANY SECURITIES IN THE UNITED STATES, AUSTRALIA, CANADA, JAPAN OR THE REPUBLIC OF SOUTH AFRICA (UNLESS AN EXEMPTION UNDER THE RELEVANT SECURITIES LAWS IS AVAILABLE) OR IN ANY OTHER JURISDICTION IN WHICH ANY SUCH OFFER OR SOLICITATION WOULD BE UNLAWFUL.\n \nCERTAIN INFORMATION CONTAINED WITHIN THIS ANNOUNCEMENT IS DEEMED BY THE COMPANY TO CONSTITUTE INSIDE INFORMATION AS STIPULATED UNDER THE MARKET ABUSE REGULATION (EU) NO. 596/2014 (\"MAR\") AS APPLIED IN THE UNITED KINGDOM. UPON PUBLICATION OF THIS ANNOUNCEMENT, THIS INFORMATION IS NOW CONSIDERED TO BE IN THE PUBLIC DOMAIN.\n \n \n1 August 2024\nPanther Metals plc\n(\"Panther\" or the \"Company\")\n \nDirector Dealing\n \nThe Company announces that it received notification on 31 July that Nicholas O'Reilly, the executive chairman of the Company, had exercised the conversion rights attaching to the £50,000 of convertible loan notes held by him in respect of principal and accrued interest of £8,500. As a consequence, Mr O'Reilly will be issued with 57,073 new ordinary shares of no par value in the capital of the Company (\"Ordinary Shares\") at a price of £1.025 per Ordinary Share.\n \nAdmission\n \nApplication will be made to the Financial Conduct Authority for admission of the new Ordinary Shares to the Official List and to the London Stock Exchange (the \"LSE\") for admission to trading of the new Ordinary Shares on the LSE's Main Market for listed securities (together \"Admission\"). It is expected that Admission will take place at 8.00 a.m. on 8 August 2024 and that dealings in the new Ordinary Shares on the LSE's Main Market for listed securities will commence at the same time.\n \nTotal Voting Rights\n \nFollowing Admission, the Company's total issued share capital consists of 4,167,220 Ordinary Shares. The Company does not hold any Ordinary Shares in treasury.\n \nTherefore, following Admission, the total number of voting rights in Panther Metals plc is 4,167,220. 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...