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Asiamet Resources Limited

Major Shareholding Notification Jul 15, 2025

10431_sha_2025-07-15_f83a55fa-80e4-4459-baf0-fd60cdbbac09.html

Major Shareholding Notification

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National Storage Mechanism | Additional information

RNS Number : 1730R

Asiamet Resources Limited

15 July 2025

15 July 2025

Asiamet Resources Limited

("Asiamet" or the "Company")

Completion of Subscription , Significant Shareholder Update and TVR

Further to its announcement of 29 May 2025, the Company announces the settlement of Tranche 2 of the Subscription with BUMA, raising gross proceeds approximately US$1.5 million through the issue of 141,909,995 Tranche 2 Shares. Accordingly, the Subscription has raised aggregate gross proceeds of approximately £1.9 million (approximately US$2.5 million).

Admission and Total Voting Rights

Application has been made to the London Stock Exchange for the admission to trading on AIM of the 141,909,995 Tranche 2 Shares, which is expected to occur at 8:00 a.m. (BST) on or around 18 July 2025 ("Tranche 2 Admission").

Following Tranche 2 Admission, the Company's issued share capital will comprise 3,212,984,642 Common Shares, with no shares held in treasury. This figure may be used by shareholders in the Company as the denominator for calculating notifiable interests under the FCA's Disclosure Guidance and Transparency Rules.

Following Tranche 2 Admission, BUMA will be interested in 1,432,275,431 Common Shares, representing 44.6% of Asiamet's issued share capital. 

Unless otherwise defined herein, defined terms used shall have the same meanings as ascribed to them in the Company's announcement of 29 May 2025.

ON BEHALF OF THE BOARD OF DIRECTORS

Tony Manini, Chairman

-Ends-

For further information, please contact :

Tony Manini

Chairman, Asiamet Resources Limited

Email: [email protected]

Darryn McClelland

Chief Executive Officer, Asiamet Resources Limited

Email: [email protected]

Investor Enquiries

Sasha Sethi

Telephone: +44 (0) 7891 677 441

Email: [email protected] / [email protected]

Nominated Adviser

Strand Hanson Limited

James Spinney / James Dance / Rob Patrick

Telephone: +44 20 7409 3494

Email: [email protected]

Broker

Shore Capital

Toby Gibbs / George Payne

Telephone: +44 20 7408 4050

Follow us on X @AsiametTweets

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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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