Zinnwald Lithium PLC Holding(s) in Company (8466Y)
18 Enero 2022 - 06:06AM
UK Regulatory
TIDMZNWD
RNS Number : 8466Y
Zinnwald Lithium PLC
18 January 2022
Zinnwald Lithium plc
("Zinnwald Lithium" or the "Company")
Holding(s) in Company
Zinnwald Lithium plc (AIM: ZNWD), the German focussed lithium
development company, has been informed that M&G plc has an
interest in 11,500,000 ordinary shares in the Company, equivalent
to 3.92 per cent. of the Company's current issued share
capital.
For further information contact:
Anton du Plessis Zinnwald Lithium plc info@zinnwaldlithium.com
David Hart/Liz Allenby Capital Limited +44 (0) 20 3328
Kirchner (Nominated Adviser) 5656
+44 (0) 20 3179
Mike Seabrook / 5344
Robert Hayward Oberon Capital +44 (0) 20 3179
/ Chris Crawford (Joint Broker) 5315
Turner Pope Investments
James Pope/Andy (TPI) Ltd +44 (0) 20 3657
Thacker (Joint Broker) 0050
Isabel de Salis/Frank St Brides Partners (Financial info@stbridespartners.co.uk
Buhagiar PR)
Notes
Zinnwald Lithium plc (EPIC: ZNWD.L) is an AIM quoted, German
focused lithium development company focussed on becoming an
important supplier to Europe's fast-growing battery sector. The
Company owns the Zinnwald Lithium Project in Germany, a late-stage
development project with attractive economics and approved mining
licence. A Feasibility Study, published in June 2019, highlighted a
428m pre-tax NPV, a pre-tax IRR of 27.4% and a 46% EBITDA margin
for Zinnwald. The project is located in the heart of Europe's
chemical and automotive industries and has the potential to be one
of Europe's most advanced battery grade lithium projects.
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END
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