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First Class Metals #FCM – Warrant Conversion & Issue of Equity

Exercise of Warrants and Issue of Equity

First Class Metals PLC (LSE:FCM) announces that it has received a notice to exercise warrants over a total of 160,000 Ordinary Shares (the “Warrant Shares”), for which funds of GBP17,250 have been received by the Company.

Application will be made to the Financial Conduct Authority (“FCA”) for admission of the Ordinary Shares to the standard listing segment of the Official List and to trading on the London Stock Exchange’s Main Market for listed securities, with admission and dealings in the new shares expected to take place from 8.00am on 20th December 2022.

Following Admission, the Company’s issued share capital will consist of 68,733,707 Ordinary Shares with voting rights. This figure of 68,733,707 may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they require to notify their interest in, or a change to their interest in, the share capital of the Company under the UK Financial Conduct Authority’s Disclosure Guidance and Transparency Rules.

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