Business
Exercise of Options and Total Voting Rights
Metals Exploration PLC has announced the exercise of options for 14,473,500 new ordinary shares, raising £643,347 at an average price of £0.0445 per share. These new shares are expected to be admitted to AIM on or around February 24, 2026. Following this, the company will have 3,273,720,868 ordinary shares in issue, with 2,974,335,410 total voting rights, which shareholders can use for disclosure notification calculations. Disclaimer*
About this update from Metals Exploration Plc
METALS EXPLORATION PLC Exercise of Options 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 notices of exercise of options in respect of 14,473,500 new ordinary shares of £0.0001 each ("Ordinary Shares") with an average exercise price of £0.0445 each raising a total of £643,347. Admission and Total Voting Rights Application has been made to the London Stock Exchange PLC for the admission of 14,473,500 new Ordinary Shares to trading on AIM ("Admission"), which is expected to take place at 8.00 a.m. on or around 24 February 2026. Following Admission, the Company will have 3,273,720,868 Ordinary Shares in issue, of which 299,385,458 Ordinary Shares are held in treasury, and, accordingly, the total number of voting rights is 2,974,335,410. 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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