Metals Exploration PLC Reduction of Capital Effective (2367U)
July 29 2022 - 3:56AM
UK Regulatory
TIDMMTL
RNS Number : 2367U
Metals Exploration PLC
29 July 2022
METALS EXPLORATION PLC
("Metals Exploration" or the "Company")
Reduction of Capital Effective
Metals Exploration, a gold producer in the Philippines, is
pleased to provide an update further to the announcement made on 21
July 2022, regarding the Company's proposed reduction of capital,
which was approved by the Company's shareholders at its Annual
General Meeting held on 17 June 2022 and then subsequently approved
by the High Court of England and Wales, on 19 July 2022 (the
"Reduction of Capital").
The Board is pleased to confirm that the sealed court order
confirming the Reduction of Capital and the associated statement of
capital that was approved by the High Court at the hearing held on
19 July 2022 were registered with the Registrar of Companies on 27
July 2022. Accordingly, the Reduction of Capital has now become
effective.
The Company confirms that, following the Reduction of Capital
taking place, the issued share capital of the Company remains at
2,088,796,421 ordinary shares of GBP0.0001 each; there are no
shares held in treasury. The total number of voting rights in the
Company also remains at 2,088,796,421. The Company no longer has
any Deferred Shares in issue.
For further information please visit www.metalsexploration.com
or contact:
Metals Exploration PLC
Via Tavistock Communications
Limited +44 (0) 207 920 3150
---------------------------------
Nominated & Financial Adviser: STRAND HANSON LIMITED
---------------------------------
James Spinney, James Dance,
Rob Patrick +44 (0) 207 409 3494
---------------------------------
Financial Adviser & Broker: HANNAM & PARTNERS
---------------------------------
Matt Hasson, Franck Nganou +44 (0) 207 907 8500
---------------------------------
Public Relations: TAVISTOCK COMMUNICATIONS LIMITED
---------------------------------
Jos Simson, Nick Elwes +44 (0) 207 920 3150
---------------------------------
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END
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July 29, 2022 03:56 ET (07:56 GMT)
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