METALNRG PLC

Share Issue/Capital Change • Jun 3, 2021

National Storage Mechanism | Additional information

RNS Number : 6981A

MetalNRG PLC

03 June 2021

THIS ANNOUNCEMENT, INCLUDING THE INFORMATION CONTAINED IN IT, IS RESTRICTED AND IS NOT FOR PUBLICATION, RELEASE OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO OR FROM THE UNITED STATES, AUSTRALIA, CANADA, JAPAN, OR THE REPUBLIC OF SOUTH AFRICA OR ANY OTHER JURISDICTION IN WHICH SUCH PUBLICATION, RELEASE OR DISTRIBUTION WOULD BE UNLAWFUL.

THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES OF ARTICLE 7 OF EU REGULATION 596/2014 (WHICH FORMS PART OF DOMESTIC UK LAW PURSUANT TO THE EUROPEAN UNION (WITHDRAWAL) ACT 2018 ("EUWA")) ("UK MAR").

3rd June 2021

METALNRG plc

("MetalNRG" or the "Company")

Issue of Equity and Officer's Shareholding

MetalNRG plc, (LON:MNRG), the natural resource investing and exploration company, announces that, pursuant to the award of a bonus to Windell Callaghan, MetalNRG's CFO,  the Company has issued and allotted to Windell Callaghan, 775,862 new ordinary shares of 0.01p each in the capital of the Company (the "New Shares") at a subscription price of 0.58 pence per share being equal to the mid-market price of MetalNRG Ordinary Shares at the close of business on 25th May 2021.

Following the issue of the New Shares, Windell Callaghan's shareholding is as follows:

Officer	Ordinary Shares prior to the issue of New Shares	% of ISC	New  Shares  issued	Ordinary Shares post issue of New Shares	% of ISC
Windell Callaghan	2,000,000	0.21	775,862	2,775,862	0.29

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 10th June 2021.

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 and Transparency Rules ("DTRs"), following the issue of the New Shares referred to above, the issued ordinary share capital of MetalNRG will consist of 952,895,059 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 information set out below is provided in accordance with the requirements of Article 19(3) of the EU Market Abuse Regulation No 596/2014:

1.

Details of PDMR / person closely associated

a)

Name

Windell Callaghan

2.

Reason for the notification

a)

Position / status

Chief Financial Officer

b)

Initial notification /amendment

Initial notification

3.

Details of the issuer

a)

Name

MetalNRG plc

b)

LEI

2138003C24H79U5QZH21

4.

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

Description of the financial instrument

Ordinary Shares of nominal value 0.01 pence each

b)

Identification code of the Financial Instrument

ISIN for MetalNRG plc: GB00B15FS791

c)

Nature of the transaction

Issue of bonus award in Ordinary Shares in MetalNRG plc

d)

Price(s) and volume(s)

Price(s)	Volume(s)
£0.0058	775,862

e)

Aggregated information

-     Aggregated volume

-     Price

775,862

£0.0058

f)

Date of the transaction

27 May 2021

g)

Place of the transaction

LONDON  

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 Adviser PETERHOUSE CAPITAL LIMITED Lucy Williams/Duncan Vasey	+44 (0) 20 7469 0930
Corporate Broker SI CAPITAL Nick Emerson	+44 (0) 1483 413500

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