TIDMSVML

RNS Number : 4888T

Sovereign Metals Limited

20 March 2023

SOVEREIGN METALS LIMITED

NEWS RELEASE I 20 MARCH 2023

DEMERGER TIMETABLE

Sovereign Metals Limited (Company) (ASX:SVM, AIM:SVML) provides an update to the indicative timetable in relation to the demerger of NGX as disclosed below.

 
              Event                                                                    Indicative Date 
-----------------------------------------------------------------------  ----------------------------- 
              Effective date of Distribution                                            20 March 2023 
              Repositioning of securities between the Australian                        21 March 2023 
               share register and UK Depositary Interest register 
               is suspended at the close of business 
              Ex Date                                                                   22 March 2023 
              Record Date                                                               23 March 2023 
              Repositioning of securities between the Australian                        24 March 2023 
               share register and UK Depositary Interest register 
               recommences 
              Date for Distribution to Shareholders (Distribution                       24 March 2023 
               Date) 
              Despatch of holding statements for NGX Shares transferred                 27 March 2023 
               under the Distribution 
-----------------------------------------------------------------------  ----------------------------- 
 

Note: The dates shown in the table above are indicative only and may vary subject to the Corporations Act, the Listing Rules, the AIM Rules and other applicable laws.

ENQUIRIES

 
 Dylan Browne 
  Company Secretary 
  +61(8) 9322 6322 
  info@sovereignmetals.com 
 
 
 Nominated Adviser on AIM 
 RFC Ambrian 
 Andrew Thomson              +61 8 9480 2500 
 
 Joint Brokers 
 Berenberg                   +44 20 3207 7800 
 Matthew Armitt 
 Jennifer Lee 
 
 Optiva Securities           +44 20 3137 1902 
 Daniel Ingram 
 Mariela Jaho 
 Christian Dennis 
 

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END

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March 20, 2023 03:00 ET (07:00 GMT)

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