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ADRIATIC METALS PLC Remuneration Information 2023

Feb 27, 2023

5033_def-14a_2023-02-27_f69b0bdb-2723-4735-ab54-8a715d706d1d.html

Remuneration Information

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National Storage Mechanism | Additional information

RNS Number : 0638R

Adriatic Metals PLC

27 February 2023

Adriatic Metals PLC 

("Adriatic Metals" or "Company")

(ASX:ADT, LSE:ADT1, OTCQX:ADMLF)

BLOCK LISTING SIX MONTHLY RETURN

Name of applicant: Adriatic Metals PLC
Name of scheme: Employees' and Consultants' Incentive Plan
Period of return: From: 27/08/2022 To: 26/02/2023
Balance of unallotted securities under scheme(s) from previous return: 8,454,707
Plus:  The amount by which the block scheme(s) has been increased since the date of the last return (if any increase has been applied for): n/a
Less:  Number of securities issued/allotted under scheme(s) during period (see LR3.5.7G): 2,059,593
Equals:  Balance under scheme(s) not yet issued/allotted at end of period: 6,395,114
Name of contact: Jonathan Dickman
Telephone number of contact: +44 (0) 207 993 0066

(Note: Italicised terms have the same meaning as given in the Listing Rules.)

For further information please visit: www.adriaticmetals.com; email: [email protected], @AdriaticMetals on Twitter; or contact:

Adriatic Metals PLC
Paul Cronin / Klara Kaczmarek Via Buchanan
Buchanan Tel: +44 (0) 20 7466 5000
Bobby Morse / Oonagh Reidy [email protected]
Canaccord Genuity Limited (Joint Corporate Broker)
Jeremy Dunlop (Australia) Tel: +61 2 9263 2700
James Asensio (UK) Tel: +44 (0) 207 523 8000
RBC Capital Markets (Joint Corporate Broker)
James Agnew / Jamil Miah Tel: +44 (0) 20 7653 4000
Stifel Nicolaus Europe Limited (Joint Corporate Broker)
Ashton Clanfield / Callum Stewart Tel: +44 (0) 20 7710 7600
Citadel Magnus
Cameron Gilenko Tel: +61 2 8234 0100

ABOUT ADRIATIC METALS

Adriatic Metals PLC (ASX:ADT, LSE:ADT1, OTCQX:ADMLF) is a precious and base metals developer that is advancing the world-class Vares Silver Project in Bosnia & Herzegovina, as well as the Raska Zinc-Silver Project in Serbia.

The Vares Silver Project is fully funded to production, which is expected in Q3 2023. The 2021 Project Definitive Feasibility Study shows robust economics of US$1,062 million post-tax NPV8, 134% IRR and a capex of US$168 million. Concurrent with ongoing construction activities, the Company continues to explore across its highly prospective 42km2 concession package.

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END

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