Business
Issue of Equity – In Lieu of Director Fees
Panthera Resources Plc has issued 158,337 new ordinary shares at an average price of 16.973 pence per share to settle accrued fees for its non-executive directors covering the period from October 2025 to March 2026. This equity issuance, totaling £26,870, reduces cash expenditures and aligns director interests with shareholders. Following admission to trading on AIM around April 13, 2026, the company's total issued share capital will be 258,298,088 ordinary shares. Disclaimer*
About this update from Panthera Resources Plc
[{"type":"text","content":"\n\nThe information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the UK Market Abuse Regulation\n \n9 April 2026\n \nPanthera Resources Plc\n(\"Panthera\" or the \"Company\")\n \nIssuer LEI: 203213800IB98EG6736XN82\n \nIssue of Equity - In Lieu of Fees\n \nGold exploration and development company Panthera Resources Plc (AIM: PAT), with assets in West Africa and India, announces the issue of 158,337 new ordinary shares of 1p each in the capital of the Company (the \"Ordinary Shares\"), at an average issue price of 16.973 pence per new Ordinary Share (the \"Issue Price\") to settle certain director fees.\n \nThe Company has agreed to issue 158,337 new Ordinary Shares in order to satisfy the Company's non-executive directors' accrued fees for the period between October 2025 to 31 March 2026 (together the \"Fee Shares\").\n \nThe issue of equity in order to satisfy accrued fees has been done in previous years in relation to the Company's non-executive directors. In this regard, the issue of the Fee Shares reduces the Company's cash expenditures and further aligns the interests of the Company's board of directors with the Company's shareholders. The Fee Shares were priced at the 30-day volume-weighted average price in the month preceding each respective fee period. Further details of the Fee Shares are as follows:\n \n\n\n\n\nName (Title)\n(Description)\n\n\nPRICE PER Fee SHARE\n\n\nNUMBER OF Fee SHARES ISSUED\n\n\nbeneficial SHARES HELD AFTER ISSUE\n\n\n% HOLDING POST ISSUE\n\n\n\n\n \nMICHAEL HIGGINS (Chairman)\n\n\n\n\n\n\n\n\n\n\n\n\n\n50% fees Oct-Mar 2026\n\n\n£0.16973\n\n\n51,552\n\n\n\n\n\n\n\n\n\n\nTotal\n\n\n \n\n\n51,552\n\n\n9,795,825\n\n\n3.79%\n\n\n\n\n \nDavid Stein (Director)\n\n\n \n\n\n \n\n\n\n\n\n\n\n50% fees Oct-Mar 2026\n\n\n£0.16973\n\n\n29,458\n\n\n\n\n\n\n\n\n\n\nTotal\n\n\n \n\n\n29,458\n\n\n871,941\n\n\n0.34%\n\n\n\n\n \nCatherine Apthorpe (Director)\n\n\n \n\n\n \n\n\n\n\n\n\n\n50% fees Oct-Mar 2026\n\n\n£0.16973\n\n\n29,458\n\n\n\n\n\n\n\n\n\n\nTotal\n\n\n \n\n\n29,458\n\n\n831,785\n\n\n0.32%\n\n\n\n\n \n\n\n \n\n\n \n\n\n \n\n\n\n\n\n\n\nTimothy Hargreaves (Director)\n\n\n \n\n\n \n\n\n\n\n\n\n\n50% fees Oct-Mar 20256\n...