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European Metals Holdings Limited

Share Issue/Capital Change Nov 25, 2020

10480_sha_2020-11-25_012ad5c5-725c-48a6-b0bf-d1cd4549cc9b.html

Share Issue/Capital Change

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National Storage Mechanism | Additional information

RNS Number : 4981G

European Metals Holdings Limited

25 November 2020

For immediate release

25 November 2020

EUROPEAN METALS HOLDINGS LIMITED

EXERCISE OF WARRANTS

European Metals Holdings Limited (ASX & AIM: EMH, FSE: E861.F) ("European Metals" or the "Company") advises that is has today issued, in aggregate, 289,375 new ordinary shares represented by depository interests ("DI Shares") in relation to an exercise of warrants and options. 

The Company received warrant exercise notices to subscribe for 89,375 new ordinary shares in the Company at a price of 20 pence per DI Share, for which Subscription monies of £17,875 have been received, and option exercise notices to subscribe for a further 200,000 DI Shares at a price of 35 cents per DI Share, for which subscription monies of A$70,000 have been received. The proceeds of the warrant and option exercise will be used for general working capital purposes.

Application will be made for the admission to trading on AIM and ASX of, in aggregate, 289,375 new DI Shares ("Admission"). Admission is expected to occur on or around 1 December, 2020. The new DI Shares will rank pari passu in all respects with the existing ordinary shares in European Metals.

Total Voting Rights

Upon Admission, the Company will have 162,213,617 Ordinary Shares on issue. There are no shares held in treasury. The total voting rights in the Company are therefore 162,213,617 and shareholders may use this figure as the denominator by which they are required to notify their interest in, or change to their interest in, the Company under the Financial conduct Authority's Disclosure and Transparency Rules.

Website

A copy of this announcement is available from the Company's website at www.europeanmet.com.

ENQUIRIES:

European Metals Holdings Limited

Keith Coughlan, Executive Chairman

Kiran Morzaria, Non-Executive Director

Dennis Wilkins, Company Secretary
Tel: +61 (0) 419 996 333

Email: [email protected]

Tel: +44 (0) 20 7440 0647

Tel: +61 (0) 417 945 049

Email: [email protected]
Beaumont Cornish (Nomad & Broker)

Michael Cornish

Roland Cornish
Tel: +44 (0) 20 7628 3396

Email: [email protected]
Shard Capital (Joint Broker)

Damon Heath

Erik Woolgar
Tel:  +44 (0) 20 7186 9950
Blytheweigh (Financial PR)

Tim Blythe

Megan Ray
Tel: +44 (0) 20 7138 3222

The information contained within this announcement is considered to be inside information, for the purposes of Article 7 of EU Regulation 596/2014, prior to its release. 

The person who authorised for the release of this announcement on behalf of the Company was Keith Coughlan, Executive Chairman. 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

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