TIDMTM1

RNS Number : 3746A

Technology Minerals PLC

22 January 2024

The information contained within this announcement is deemed to constitute inside information as stipulated under the retained EU law version of the Market Abuse Regulation (EU) No. 596/2014 (the "UK MAR") which is part of UK law by virtue of the European Union (Withdrawal) Act 2018. The information is disclosed in accordance with the Company's obligations under Article 17 of the UK MAR. Upon the publication of this announcement, this inside information is now considered to be in the public domain.

22 January 2024

Technology Minerals Plc

("Technology Minerals" or the "Company")

Exercise of Warrants

Technology Minerals Plc (LSE: TM1), the first listed UK company focused on creating a sustainable circular economy for battery metals, announces that further to its announcement on 8 January 2024, that it had offered warrantholders holding warrants exercisable at 3.375p and 2.25p a limited time offer to exercise such warrants at a price of 1.2p, the Company has allotted a total of 11,062,783 Ordinary shares of GBP0.001 each ("New Shares") at a price of GBP0.012p each, resulting in the receipt of aggregate proceeds of GBP133k.

Admission and Total Voting Rights

Application will be made for the 11,062,783 New Shares, which will rank pari passu in all respects with the existing Ordinary shares of the Company, to be admitted to the Standard List segment of Official List and to trading on the main market of the London Stock Exchange plc, which is expected to occur at 8.00 a.m. on or around 26 January 2024 ("Admission"). Upon Admission, the total number of issued shares and the total number of voting rights in the Company will be 1,524,772,678.

The above figure of 1,524,772,678 should be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the share capital of the Company under the Financial Conduct Authority's Disclosure Guidance and Transparency Rules.

Enquiries

 
 Technology Minerals Plc 
 Robin Brundle, Executive Chairman 
  Alexander Stanbury, Chief Executive 
  Officer                                +44 (0)20 4582 3500 
                                        -------------------- 
 Oberon Investments Limited 
                                        -------------------- 
 Nick Lovering, Adam Pollock             +44 (0)20 3179 0535 
                                        -------------------- 
 Gracechurch Group 
                                        -------------------- 
 Harry Chathli, Alexis Gore, Rebecca 
  Scott                                  +44 (0)20 4582 3500 
                                        --------------------

Technology Minerals Plc

Technology Minerals is developing the UK's first listed, sustainable circular economy for battery metals, using cutting-edge technology to recycle, recover, and re-use battery technologies for a renewable energy future. Technology Minerals is focused on raw material exploration required for Li-ion batteries, whilst solving the ecological issue of spent Li-ion batteries, by recycling them for re-use by battery manufacturers. Further information on Technology Minerals is available at www.technologyminerals.co.uk.

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January 22, 2024 02:00 ET (07:00 GMT)

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