25th Jun 2026 12:36
25 June 2026
Atlas Metals Group plc
("Atlas Metals" or the "Company")
Issue of New Ordinary Shares & Total Voting Rights
Atlas Metals (LSE: AMG), the natural resources and energy company, announces will issue further ordinary shares of nominal value £0.01 each ("Ordinary Shares") pursuant to the Company's "at-the-market" facility with Axis Capital Markets Limited ("Axis"; the "At-the-Market Facility").
At-the-Market Facility issue
1,339,180 new Ordinary Shares ("ATM Shares") will be issued at an average price of 7.3 pence per ATM Share, in connection with the At-the-Market Facility. As announced by the Company on 5 March 2026 all proceeds from the At-the-Market Facility will go towards repayment of the funding facility currently in place with YA II PN Ltd, an institutional investor managed by Yorkville Advisors Global, LP.
Admission and total voting rights
Application has been made to London Stock Exchange plc ("London Stock Exchange") for the admission of 1,339,180 ATM Shares to be admitted to trading on the main market for listed securities of London Stock Exchange ("Admission"). Admission is expected to occur on or around 26 June 2026. When issued, the ATM Shares will be fully paid and will rank pari passu in all respects with each other and with the existing Ordinary Shares of the Company.
Following Admission, the Company's issued ordinary share capital will comprise 43,889,001 Ordinary Shares, each carrying one vote. The Company does not hold any Ordinary Shares in treasury. The total number of voting rights in the Company following Admission will therefore be 43,889,001. With effect from Admission, this figure may be used by shareholders as the denominator for the calculations by which they determine whether they are required to notify their interest in, or a change to their interest in, the Company under the Financial Conduct Authority's Disclosure Guidance and Transparency Rules.
For further information, please contact:
Atlas Metals Group plc: | |
Christopher Chadwick | +44 (0) 207 796 9060 |
Strand Hanson - Financial Adviser and Sponsor: | |
Rory Murphy | +44 (0) 207 409 1761 |
Abigail Wennington | +44 (0) 207 409 1761 |
Edward Foulkes | +44 (0) 207 409 1761 |
S I Capital Limited - Broker: | |
Nick Emerson | +44 (0) 1483 413500 |
CMC Markets - Joint Broker: | |
Douglas Crippen | +44 (0) 20 3003 8632 |
Axis Capital Markets Limited - Joint Broker: | |
Richard Hutchison | +44 (0) 20 3026 0320 |
IFC Advisory Limited - Financial PR and IR: | |
Tim Metcalfe | +44 (0) 203 934 6632 |
Florence Staton | +44 (0) 203 934 6632 |
Related Shares:
Atlas Metals Group PLC