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LONDON - Metals Exploration PLC (AIM:MTL) announced today that Rob Marshall, a Non-Executive Director, and a person closely associated (PCA) have made significant share purchases in the company. The transactions involved the acquisition of a combined total of 827,314 Ordinary Shares, resulting in an updated aggregate interest for Marshall and his PCA at 0.33% of the company’s current total voting rights.
The purchases, which took place on May 21 and May 22, 2025, were conducted on the AIM market, with Marshall buying 307,314 shares at £0.0766 each and his PCA purchasing 520,000 shares at £0.0765 each. Following these transactions, Marshall and his PCA now hold a total of 8,648,242 Ordinary Shares in Metals Exploration.
This adjustment in shareholding was initially misstated, with the aggregate percentage interest originally reported as 1.04%. The corrected figure represents a significant decrease to 0.33%. This clarification comes directly from the company’s amended announcement.
Metals Exploration, which is involved in gold production, exploration, and development with assets in the Philippines and Nicaragua, is subject to the EU Market Abuse Regulation as applied in UK law, which mandates timely disclosure of such dealings by persons discharging managerial responsibilities and those closely associated with them.
The company’s announcement of these share dealings provides transparency to shareholders and the market, ensuring compliance with regulatory requirements. This information is based on a press release statement issued by Metals Exploration PLC.
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