THIS
ANNOUNCEMENT AND THE INFORMATION CONTAINED HEREIN IS FOR
INFORMATION PURPOSES ONLY AND DOES NOT CONSTITUTE AN OFFER TO SELL
OR ISSUE OR THE SOLICITATION OF AN OFFER TO BUY, SUBSCRIBE OR
ACQUIRE ANY SECURITIES IN THE UNITED STATES, AUSTRALIA, CANADA,
JAPAN OR THE REPUBLIC OF SOUTH AFRICA (UNLESS AN EXEMPTION UNDER
THE RELEVANT SECURITIES LAWS IS AVAILABLE) OR IN ANY OTHER
JURISDICTION IN WHICH ANY SUCH OFFER OR SOLICITATION WOULD BE
UNLAWFUL.
CERTAIN
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 APPLIED IN THE
UNITED KINGDOM. UPON PUBLICATION OF THIS ANNOUNCEMENT, THIS
INFORMATION IS NOW CONSIDERED TO BE IN THE PUBLIC
DOMAIN.
1 August 2024
Panther Metals plc
("Panther" or the
"Company")
Director
Dealing
The Company announces that it
received notification on 31 July that Nicholas O'Reilly, the
executive chairman of the Company, had exercised the conversion
rights attaching to the £50,000 of convertible loan notes held by
him in respect of principal and accrued interest of £8,500. As a
consequence, Mr O'Reilly will be issued with 57,073 new ordinary
shares of no par value in the capital of the Company ("Ordinary Shares") at a price of £1.025
per Ordinary Share.
Admission
Application will be made to the
Financial Conduct Authority for admission of the new Ordinary
Shares to the Official List and to the London Stock Exchange (the
"LSE") for admission to trading of the new Ordinary Shares on the
LSE's Main Market for listed securities (together "Admission"). It
is expected that Admission will take place at 8.00 a.m. on 8 August
2024 and that dealings in the new Ordinary Shares on the LSE's Main
Market for listed securities will commence at the same
time.
Total Voting Rights
Following Admission, the Company's
total issued share capital consists of 4,167,220 Ordinary Shares.
The Company does not hold any Ordinary Shares in
treasury.
Therefore, following Admission, the
total number of voting rights in Panther Metals plc is 4,167,220.
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 in their interest in, the
Company under the FCA's Disclosure Guidance and Transparency
Rules.
Interests in shares
Following this transaction, Mr
O'Reilly is now interested in 83,737 Ordinary Shares, which
represents 2.0% of the Company's existing issued Ordinary Share
capital. The notification shown below, made pursuant to Article
19(3) of the Market Abuse (Amendment) (EU Exit) Regulations 2019
(SI 2019/310), provides further details.
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For
further information:
Panther Metals PLC:
Darren Hazelwood, Chief Executive
Officer: +44(0) 1462 429 743
+44(0) 7971 957 685
Brokers:
Tavira Financial
Limited
Christopher James
Kipling
+44(0) 203 833 3743
SI Capital Limited
Nick
Emerson
+44(0) 1438 416 500
Axis Capital Markets
Limited
Ben Tadd
Lewis
Jones
+44 (0)20 3026 0449
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Notification
and public disclosure of transactions by persons discharging
managerial responsibilities and persons closely associated with
them
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1
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Details of the person discharging managerial responsibilities
/ person closely associated
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a)
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Name
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Nicholas O'Reilly
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2
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Reason for the notification
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a)
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Position/status
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PDMR, executive chairman of the
Company
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b)
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Initial notification
/Amendment
|
Initial notification
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3
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Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
|
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a)
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Name
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Panther Metals plc
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b)
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LEI
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213800FE99O4CN3DJU27
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4
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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
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a)
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Description of the financial
instrument, type of instrument
Identification code
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Ordinary shares of no par
value
ISIN IM00BRF2WV49
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b)
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Nature of the
transaction
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Exercise of conversion rights and
accrued interest
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c)
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Price(s) and volume(s)
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Price(s) Volumes
£1.025 pence 57,073
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d)
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Aggregated information
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N/A (Single transaction)
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e)
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Date of the transaction
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31 July 2024
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f)
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Place of the transaction
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Off market
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