Europa Metals Ltd Conversion of Performance Rights (2466W)
December 11 2023 - 2:00AM
UK Regulatory
TIDMEUZ
RNS Number : 2466W
Europa Metals Ltd
11 December 2023
11 December 2023
Europa Metals Ltd
("Europa Metals", the "Company" or the "Group") (AIM, AltX:
EUZ)
Conversion of Performance Rights,
Directors' Dealings and Issue of Equity
Europa Metals, the European focused lead, zinc and silver
developer, announces that the Company is today issuing, in
aggregate, 3,500,000 new Ordinary Shares to two directors of the
Company following the conversion of performance rights (the
"Conversion Shares"). The relevant performance milestone conditions
for the performance rights were achieved during the course of the
year. Refer to the RNS of 24 January 2023 for further details.
Application will be made to the London Stock Exchange for the
abovementioned 3,500,000 Conversion Shares to be admitted to
trading on AIM and to the JSE for quotation on AltX ("Admission").
It is expected that Admission will become effective and that
dealings in the Conversion Shares will commence at 8.00 a.m. on
Friday, 15 December 2023 on AIM and on Monday, 18 December 2023 on
the JSE.
Following Admission, the Company's total issued ordinary share
capital will comprise 97,671,790 Ordinary Shares with voting
rights. This figure may be used by shareholders 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 Company's share capital pursuant to the Company's
Constitution.
Following Admission, the beneficial shareholdings of the
directors receiving Conversion Shares will be as follows:
Director Position Number Total number % of voting
of Conversion of Ordinary Shares rights held
Shares to held on Admission on Admission
be received
Executive
Chairman
and acting
Myles Campion CEO 3,000,000 5,108,182 5.23
Non-Executive
Daniel Smith Director 500,000 500,000 0.51
For further information on the Company, please visit
www.europametals.com or contact:
Europa Metals Ltd
Dan Smith, Non-Executive Director and Company Secretary
(Australia)
T: +61 417 978 955
Myles Campion, Executive Chairman and acting CEO (UK)
T: +44 (0)20 3289 9923
Beaumont Cornish (Nominated Adviser/Broker)
James Biddle
T: +44 (0)20 7628 3396
Questco Corporate Advisory Proprietary Limited (JSE Sponsor)
Danielle Christodoulou
T: +27 (11) 011 9216
The information contained within this announcement is deemed by
the Company to constitute inside information as stipulated under
the Market Abuse Regulation (EU) No. 596/2014 ("MAR") as it forms
part of United Kingdom domestic law by virtue of the European Union
(Withdrawal) Act 2018, as amended .
PDMR Notification Forms
The notifications below are made in accordance with the
requirements of MAR.
Details of the person discharging managerial responsibilities
1. / person closely associated
a) Name Myles Campion
-------------------------------- -------------------------------------
Reason for the Notification
2.
-----------------------------------------------------------------------
a) Position/status Executive Chairman and acting CEO
-------------------------------- -------------------------------------
b) Initial notification/amendment Initial notification
-------------------------------- -------------------------------------
Details of the issuer, emission allowance market participant,
3. auction platform, auctioneer or auction monitor
-----------------------------------------------------------------------
a) Name Europa Metals Ltd
-------------------------------- -------------------------------------
b) LEI 2138008QU5PGK777XM59
-------------------------------- -------------------------------------
Details of the transaction(s):section to be repeated for
4. (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 Ordinary shares of no par value each
instrument, type of instrument
-------------------------------- -------------------------------------
Identification code AU0000090060
-------------------------------- -------------------------------------
b) Nature of the Transaction Conversion of performance rights
-------------------------------- -------------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
Nil pence 3,000,000
----------
-------------------------------- -------------------------------------
d) Aggregated information N/A (Single transaction)
Aggregated volume price
-------------------------------- -------------------------------------
e) Date of the transaction 11 December 2023
-------------------------------- -------------------------------------
f) Place of the transaction Outside of a trading venue
-------------------------------- -------------------------------------
Details of the person discharging managerial responsibilities
1. / person closely associated
a) Name Daniel Smith
-------------------------------- -------------------------------------
Reason for the Notification
2.
-----------------------------------------------------------------------
a) Position/status Non-Executive Director
-------------------------------- -------------------------------------
b) Initial notification/amendment Initial notification
-------------------------------- -------------------------------------
Details of the issuer, emission allowance market participant,
3. auction platform, auctioneer or auction monitor
-----------------------------------------------------------------------
a) Name Europa Metals Ltd
-------------------------------- -------------------------------------
b) LEI 2138008QU5PGK777XM59
-------------------------------- -------------------------------------
Details of the transaction(s):section to be repeated for
4. (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 Ordinary shares of no par value each
instrument, type of instrument
-------------------------------- -------------------------------------
Identification code AU0000090060
-------------------------------- -------------------------------------
b) Nature of the Transaction Conversion of performance rights
-------------------------------- -------------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
Nil pence 500,000
----------
-------------------------------- -------------------------------------
d) Aggregated information N/A (Single transaction)
Aggregated volume price
-------------------------------- -------------------------------------
e) Date of the transaction 11 December 2023
-------------------------------- -------------------------------------
f) Place of the transaction Outside of a trading venue
-------------------------------- -------------------------------------
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 rns@lseg.com 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.
END
DSHEAPAPEEFDFFA
(END) Dow Jones Newswires
December 11, 2023 02:00 ET (07:00 GMT)
Europa Metals (AQSE:EUZ.GB)
Historical Stock Chart
From Nov 2024 to Dec 2024
Europa Metals (AQSE:EUZ.GB)
Historical Stock Chart
From Dec 2023 to Dec 2024