TIDMIMC 
 
THE DIRECTORS OF IMC EXPLORATION GROUP PLC CONSIDER THIS ANNOUNCEMENT TO 
CONTAIN INSIDE INFORMATION FOR THE PURPOSES OF ARTICLE 7 OF REGULATION (EU) NO. 
596/2014 OF THE EUROPEAN PARLIAMENT AND THE COUNCIL OF 16 APRIL 2014 ON MARKET 
ABUSE AS IT FORMS PART OF RETAINED EU LAW AS DEFINED IN THE EUROPEAN UNION 
(WITHDRAWAL) ACT 2018 (THE "MARKET ABUSE REGULATION"). UPON THE PUBLICATION OF 
THIS ANNOUNCEMENT THE INSIDE INFORMATION IS NOW CONSIDERED TO BE IN THE PUBLIC 
DOMAIN. 
 
                 IMC Exploration Group Public Limited Company 
 
                           ("IMC" or the "Company") 
 
         Award of New Ordinary Shares In lieu of Monetary Compensation 
 
IMC announces that the Board of Directors has resolved to issue as follows in 
lieu of monetary remuneration an aggregate of 14,794,916 new ordinary shares of 
?0.001 each in the capital of the Company at 0.63 pence Sterling per share (the 
"Remuneration Shares"), being the mid-market closing price on 16th December 
2022 on the main market of the London Stock Exchange of the Company's shares: 
 
    Allottee            Position       No. of Remuneration Shares 
 
Eamon P. O'Brien: Executive Chairman                    8,219,398 
 
Lisa McDonnell    Senior Administrator                  6,575,518 
 
Total                                                  14,794,916 
 
Application shall be made to the Financial Conduct Authority ("FCA") for the 
Remuneration Shares, which rank pari passu in all respects with the Company 
existing ordinary shares in issue, to be admitted to the standard segment of 
FCA's Official List and to the London Stock Exchange for admission to trading 
on main market (together, "Admission"). A further announcement in this 
connection shall be made shortly. 
 
Directors' and other notifiable Interests 
 
Prior to the allotment and Admission of the Remuneration Shares, Eamon P. 
O'Brien, a Director and the Executive Chairman of IMC, held 6,240,000 shares 
equating to 2.00% (two per cent.) of the voting rights in the capital of the 
Company.  Following Admission of the Remuneration Shares he will hold 
14,459,398 share or 4.43% (four point four three per cent.) of the voting 
rights in the capital as it shall have been enlarged by the 14,794,916 
Remuneration Shares. 
 
Lisa McDonnell previously held 12,290,000 shares equating to 3.95% (three point 
nine five per cent.) of the voting rights. Following Admission of the 
Remuneration Shares, Ms. McDonnell will hold 18,865,518 shares representing 
5.78% (five point seven eight per cent.) of IMC's enlarged share capital. 
 
Following the allotment and Admission of the Remuneration Shares, the Company's 
issued ordinary share capital shall consist of 326,290,907 shares (311,495,991 
shares) and, upon Admission, the former figure should be used by shareholders 
as the denominator to determine whether or not they need to notify IMC of a 
change in their own interests in the capital of the Company. 
 
Eamon P. O'Brien, 
 
Executive Chairman, 
 
Dublin, 19th December 2022 
 
The Directors of IMC, after due and careful enquiry, accept responsibility for 
the content of this announcement. 
 
REGULATORY ANNOUNCEMENT ENDS. 
 
Enquiries: 
 
Keith, Bayley, Rogers & Co. Limited 
 
Graham Atthill-Beck: +44 7506 43 41 07 / Graham.Atthill-Beck@kbrl.co.uk; 
blackpearladvisers@gmail.com 
 
Brinsley Holman: +44 7776 30 22 28/ Brinsley.Holman@kbrl.co.uk 
 
IMC Exploration Group plc 
 
Kathryn Byrne: +353 85 233 6033 
 
 
 
END

(END) Dow Jones Newswires

December 20, 2022 02:00 ET (07:00 GMT)

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