Mon, 4th Jan 2021 07:00
RNS Number : 3819K
Pensana Rare Earths PLC
04 January 2021
4 January 2021
Admission of shares
Pensana Rare Earths Plc (LSE
RE; ASXM8) (the"Company") announces that the Board has today agreed to issue, subject to admission of the shares to the Official List and trading on the London Stock Exchange ("LSE"), 550,000 new Ordinary Shares of £0.001 each ("New Ordinary Shares"). The issue relates to the vesting of 250,000 share options and the subscription by third partyservice providers for 300,000 ordinary shares for a total of 550,000 Ordinary Shares.
Accordingly, application has been made for the 550,000 New Ordinary Shares to be admitted to the Official List and to trading on the Main Market of the LSE and the Australian Securities Exchange and Admission is expected to occur on the LSE and ASX on or about 8am on Wednesday 6 January 2021 These shares rank pari passu with the existing Ordinary Shares in issue.
Following this issue, the Company's issued share capital consists of 203,645,822 Ordinary Shares. No shares are held in treasury. Therefore, the total number of voting rights of the Company is 203,645,822.
The above figure 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 in their interest in, the Company under the Financial Conduct Authority's Disclosure and Transparency Rules.
An Appendix 2A follows in relation to the securities issued described above.
