Business
Exercise of Option and Total Voting Rights
Metals Exploration PLC has announced the exercise of an option for 1,218,396 new ordinary shares at £0.0829 each, raising £101,005. These new shares are expected to be admitted to trading on AIM on March 6, 2026. Following this, the company will have 3,279,456,030 ordinary shares in issue, with 299,385,458 held in treasury, resulting in a total of 2,980,070,572 voting rights. This figure is important for shareholders to calculate their notification requirements under the FCA's Disclosure Guidance and Transparency Rules. Disclaimer*
About this update from Metals Exploration Plc
METALS EXPLORATION PLC Exercise of Option and Total Voting Rights Metals Exploration PLC (AIM: MTL) ("Metals Exploration" or the "Company"), a gold producer, development and exploration company with assets in the Philippines and Nicaragua, announces that it has received notice of exercise of an option in respect of 1,218,396 new ordinary shares of £0.0001 each ("Ordinary Shares") with an exercise price of £0.0829 each raising a total of £101,005. Admission and Total Voting Rights Application has been made to the London Stock Exchange PLC for the admission of 1,218,396 new Ordinary Shares to trading on AIM ("Admission"), which is expected to take place at 8.00 a.m. on or around 6 March 2026. Following Admission, the Company will have 3,279,456,030 Ordinary Shares in issue, of which 299,385,458 Ordinary Shares are held in treasury, and, accordingly, the total number of voting rights is 2,980,070,572. 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. For further information, please contact or visit: Metals Exploration PLC Via BlytheRay +44 (0) 207 138 3204 Nominated & Financial Adviser: STRAND HANSON LIMITED James Spinney, James Dance, Rob Patrick +44 (0) 207 409 3494 Joint Broker: HANNAM & PARTNERS Matt Hasson, Franck Nganou +44 (0) 207 907 8500 Joint Broker: PANMURE LIBERUM Amrit Mahbubani, Scott Mathieson, Zak Wadud +44 (0) 20 3100 2000 Public Relations: BLYTHERAY Megan Ray, Said Izagaren +44 (0) 207 138 3204 [email protected] Web: www.metalsexploration.com X: @MTLexploration LinkedIn: Metals Exploration
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