European Metals Holdings Limited Issue of Equity (0313Q)
24 November 2016 - 6:00PM
UK Regulatory
TIDMEMH
RNS Number : 0313Q
European Metals Holdings Limited
24 November 2016
For immediate release
24 November 2016
EUROPEAN METALS HOLDINGS LIMITED
Equity Issue
European Metals Holdings Limited ("European Metals" or "the
Company") (ASX and AIM: EMH), advises that it has issued 5,000,000
new ordinary shares (represented by Chess Depositary interests or
"CDI's") in the Company in respect of a Placement at AU$0.52 per
CDI. The Placement of 5,000,000 CDIs to Rare Earth Minerals plc
("REM") was approved by Shareholders at the Annual General Meeting
held 18 November 2016. Following the Placement, REM is now
interested in 20.76% of EMH.
Application is being made for the new ordinary shares to be
admitted to trading on AIM with admission to take place on or
around 30 November 2016. The new ordinary Shares will rank pari
passu in all respects with the existing ordinary shares in EMH.
Total Voting Rights
Following the issue of the new Ordinary Shares, the total number
of Ordinary Shares in issue with voting rights is 129,417,126. This
figure may be used by shareholders in the Company as the
denominator for the calculation by which they will determine if
they are required to notify their interest in, or a change of
interest in, the share capital of the Company under the Financial
Conduct Authority's Disclosure and Transparency Rules."
Enquiries:
European Metals Holdings
Limited Tel: +61 (0) 419 996
Keith Coughlan, Chief 333
Executive Officer Email: keith@europeanmet.com
Tel: +61 (0) 6141 3504
Email: julia@europeanmet.com
Julia Beckett, Company
Secretary
Beaumont Cornish (Nomad Tel: +44 (0) 20 7628
& Broker) 3396
Michael Cornish Email: corpfin@b-cornish.co.uk
Roland Cornish
ENDS
This information is provided by RNS
The company news service from the London Stock Exchange
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