TIDMPALM

RNS Number : 7598Y

Panther Metals PLC

17 May 2021

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY IN OR INTO AUSTRALIA, CANADA, JAPAN, THE REPUBLIC OF SOUTH AFRICA, THE UNITED STATES OR ANY OTHER JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF SUCH JURISDICTION.

THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES OF ARTICLE 7 OF REGULATION 2014/596/EU (WHICH FORMS PART OF DOMESTIC UK LAW PURSUANT TO THE EUROPEAN UNION (WITHDRAWAL) ACT 2018) ("UK MAR"). UPON THE PUBLICATION OF THIS ANNOUNCEMENT, THIS INSIDE INFORMATION (AS DEFINED IN UK MAR) IS NOW CONSIDERED TO BE IN THE PUBLIC DOMAIN.

FOR IMMEDIATE RELEASE

Panther Metals plc

("Panther" or the "Company")

Exercise of Warrants, Director/PDMR Shareholding and Total voting Rights

Panther Metals plc (LSE: PALM) announces that it has received notice of exercise of a total of 1,318,331 warrants with an exercise price of 6p per share, raising GBP79,100 for the Company. Included in the figure above are exercises by certain of the Directors, details of which are set out in the disclosure table below.

The Company has made applications for 1,318,331 new Ordinary Shares to be admitted to listing on the standard segment of the Official List of the Financial Conduct Authority and to trading on the main market for listed securities of London Stock Exchange plc under the TIDM "PALM".

Admission is expected to take place at 8.00am on 20 May 2021.

The total number of Ordinary Shares in issue following Admission will be 60,847,416 and no shares are held in treasury. This number 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 under the FCA's Disclosure Guidance and Transparency Rules.

- Ends -

Panther Metals PLC:

   Darren Hazelwood, Chief Executive Officer:                     +44(0) 1462 429 743 

+44(0) 7971 957 685

   Mitchell Smith, Chief Operating Officer:                            +1(604) 209 6678 

Broker:

SI Capital Limited

   Nick Emerson                                                                   +44(0) 1438 416 500 

The Company makes this announcement, including the notification(s) below, in accordance with the requirements of the EU Market Abuse Regulation.

 
 1    Details of the person discharging managerial responsibilities 
       / person closely associated 
 a)   Name                        1. Darren Hazelwood 
                                   2. Simon Rothschild 
                                   3. Nicholas O'Reilly 
                                   4. Mitchell Smith 
     --------------------------  --------------------------------------- 
 2    Reason for the notification 
     ------------------------------------------------------------------- 
 a)   Position/status             1. Chief Executive 
                                   2. Non-Executive 
                                   3. Non-Executive Director 
                                   4. Chief Operations Officer 
     --------------------------  --------------------------------------- 
 b)   Initial notification        Initial Notification 
       /Amendment 
     --------------------------  --------------------------------------- 
 3    Details of the issuer, emission allowance market participant, 
       auction platform, auctioneer or auction monitor 
     ------------------------------------------------------------------- 
 a)   Name                        Panther Metals plc 
     --------------------------  --------------------------------------- 
 b)   LEI                         213800FE99O4CN3DJU27 
     --------------------------  --------------------------------------- 
 4    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 
     ------------------------------------------------------------------- 
 a)   Description                 Ordinary Shares of no par value 
       of the financial 
       instrument, 
       type of instrument          ISIN: IM00BKDM2T52 
 
       Identification 
       code 
     --------------------------  --------------------------------------- 
 b)   Nature of                   Exercise of Warrants 
       the transaction 
     --------------------------  --------------------------------------- 
 c)   Price(s)                      Price(s)      Volume(s) 
       and volume(s)                 1. 6 pence    1. 693,333 
                                      2. 6 pence    2. 333,332 
                                      3. 6 pence    3. 83,332 
                                      4. 6 pence    4. 41,667 
                                                  ------------ 
     --------------------------  --------------------------------------- 
 d)   Aggregated                    Price(s)   Aggregated volume 
       information                               (s) 
                                     n/a        n/a 
                                               ------------------ 
     --------------------------  --------------------------------------- 
 e)   Date of the                 20 May 2021 
       transaction 
     --------------------------  --------------------------------------- 
 f)   Place of                    Outside a trading venue 
       the transaction 
     --------------------------  --------------------------------------- 
 

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END

IOEGPUBWAUPGPPQ

(END) Dow Jones Newswires

May 17, 2021 02:00 ET (06:00 GMT)

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