MetalNRG PLC Issue of Equity (1366X)
25 August 2022 - 4:00PM
UK Regulatory
TIDMMNRG
RNS Number : 1366X
MetalNRG PLC
25 August 2022
T HIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES
OF ARTICLE 7 OF REGULATION 2014/596/EU WHICH IS PART OF DOMESTIC UK
LAW PURSUANT TO THE MARKET ABUSE (AMENDMENT) (EU EXIT) REGULATIONS
(SI 2019/310) ("UK MAR"). UPON THE PUBLICATION OF THIS
ANNOUNCEMENT, THIS INSIDE INFORMATION (AS DEFINED IN UK MAR) IS NOW
CONSIDERED TO BE IN THE PUBLIC DOMAIN.
25 August 2022
MetalNRG plc
("MetalNRG" or the "Company")
Issue of Equity
MetalNRG (LON:MNRG), the natural resources and energy investment
company , announces that it has received a notice of conversion in
respect of GBP58,903.48 of an unsecured loan facility (including
accrued interest) and as a result 71,484,809 new MetalNRG Ordinary
Shares (the "New Shares") have been issued at GBP 0.000824 per
share.
Admission of New Shares to trading on the Main Market of the
London Stock Exchange
Application will be made for the New Shares to be admitted to
listing on the Standard Segment of the Official List and trading on
the London Stock Exchange's Main Market for listed securities
("Admission"). Admission of the New Shares is expected to occur on
or around 30 August 2022.
The New Shares will rank pari passu with the existing ordinary
shares of the Company.
Total Voting Rights
For the purposes of the Financial Conduct Authority's Disclosure
Guidance and Transparency Rules ("DTRs"), following the issue of
the New Shares referred to above, the issued ordinary share capital
of MetalNRG will consist of 1,206,704,269 ordinary shares with
voting rights attached (one vote per share). There are no shares
held in treasury. This total voting rights figure may be used by
shareholders as the denominator for the calculation by which they
will determine whether they are required to notify their interest
in, or a change to their interest in, MetalNRG under the DTRs.
The release of this information was arranged by Rolf Gerritsen,
Chief Executive Officer.
END
Contact details:
MetalNRG PLC
Christopher Latilla-Campbell +44 (0) 20 7796 9060
Corporate Broker
PETERHOUSE CAPITAL LIMITED
Lucy Williams/Duncan Vasey +44 (0) 20 7469 0930
----------------------
Corporate Broker
SI CAPITAL LIMITED
Nick Emerson +44 (0) 1483 413500
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END
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