Texas Roadhouse earnings missed by $0.05, revenue topped estimates
LONDON - Metals One PLC, a company specializing in minerals exploration and development, has announced the exercise of warrants resulting in the issue of new equity. The exercise includes Cash Warrants and Prepaid Warrants from an Equity Fundraise dated January 31, 2025, as well as Broker Warrants.
The company, listed on the AIM market under the ticker AIM:MET1, has issued a total of 3,680,000 ordinary shares at 2 pence per share through Cash Warrants. Additionally, 23,450,000 ordinary shares were issued through Prepaid Warrants. Broker Warrants accounted for a further issue of 63,000 ordinary shares at 20 pence per share.
These transactions will lead to the admission of 27,193,000 new ordinary shares to trading on AIM. This process, known as Admission, follows the approval by shareholders at the General Meeting on March 25, 2025. The new shares are expected to be admitted to the market at 8:00 a.m. on May 27, 2025, and will have equal voting rights with the existing ordinary shares.
After Admission, Metals One’s issued share capital will increase to a total of 118,197,750 ordinary shares with voting rights. The company has confirmed that it does not hold any ordinary shares in treasury. Shareholders can use the total figure of 118,197,750 as the denominator for calculations to determine if they need to notify changes in their interest in the company’s share capital, in accordance with the UK Financial Conduct Authority’s Disclosure Guidance and Transparency Rules.
This announcement is based on a press release statement from Metals One PLC.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.