22nd Nov 2017 12:38
Metal Tiger plc
22 November 2017
Metal Tiger Plc
("Metal Tiger" or the "Company")
Exercise of Warrants
Metal Tiger (LON: MTR), the natural resources investing company is pleased to announce that it has received completed signed warrant conversion notices for the following amount:
Number of warrants exercised | Price (£) | Pound value (£) | New ordinary shares to be issued | |||||
333,333 | £0.02 | £6,666.66 | 333,333 | |||||
396,159 | £0.02 | £7,923.18 | 396,159 |
The Company also announces that Michael McNeilly, Chief Executive Officer, has exercised 666,666 warrants at £0.02 each, which will result in Michael McNeilly being issued 666,666 ordinary shares in the Company. Following the exercise of these warrants, Michael McNeilly’s shareholding is 2,333,332 ordinary shares, representing 0.22 per cent of the Company’s total voting rights.
The 1,396,158 new ordinary shares are expected to be admitted to trading on or around 27 November 2017. Following this issue the Company has 1,043,632,537 ordinary shares in issue.
For further information on the Company, visit: www.metaltigerplc.com:
Michael McNeilly (Chief Executive Officer) | Tel: +44(0)20 7099 0738 | |||||||
Keith Springall (Finance Director & Company Secretary) | Tel: +44 (0)20 7099 0738 | |||||||
Stephen Allen or Bhavesh Patel | RFC Ambrian Ltd (Nominated Adviser) | Tel +44 (0)20 3440 6800 | ||||||
Jonathan Williams | RFC Ambrian Ltd (Joint Broker) | Tel +44 (0)20 3440 6800 | ||||||
Nick Emerson | SI Capital (Joint Broker) | Tel: +44 (0)1483 413 500 | ||||||
Gordon Poole James Crothers | Camarco (Financial PR) | Tel: +44 (0)20 3757 4980 |
Dissemination of a Regulatory Announcement that contains inside information according to REGULATION (EU) No 596/2014 (MAR).
LEI: 213800K1IN6M1VCVPA93
Classification: 3.1 Additional regulated information required to be disclosed under the laws of a Member State
View source version on businesswire.com: http://www.businesswire.com/news/home/20171122005273/en/
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