Significant Shareholders

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The Company's ordinary shares are listed on the AIM market of the London Stock Exchange.

Shares in issue

There are 111,200,001 ordinary shares in issue. There are no shares held in treasury.

Significant Shareholdings

The Company is aware of the following persons with voting rights representing 3% or more of the issued share capital of the Company:

Alba Mineral Resources plc – 54%
Kadupul Limited – 18.9%
Monecor (London) Limited, trading as ETX Capital – 5.14%

The percentage of securities not in public hands is 73.25%.

There are no restrictions on the transfer of the Company’s AIM securities, save as follows:

Pursuant to Lock-in and Orderly Market Agreements entered into by each of them,  each of Alba Mineral Resources plc, the Company’s Directors and Kadupul Limited (each a “Locked-in Shareholder”) has, conditional on Admission, undertaken that:

  1. they will not (and that they will use their best endeavours to procure that their connected persons shall not) dispose of Ordinary Shares held by them or on their behalf of them for a period of 12 months from the date of Admission; and
  2. (subject to certain limited exceptions) they shall (and that they will use their best endeavours to procure that their connected persons shall) for the period of 12 months following the first anniversary of the date of Admission, only dispose of Ordinary Shares held by them (a) with the consent of ETX Capital and (b) only through ETX Capital or such other reputable broking service as the Locked-in Shareholder shall, from time to time, determine (subject to consultation with ETX Capital) in order to maintain an orderly market in the Ordinary Shares.

Updated: 20 June 2022

Registered Office

6th Floor
60 Gracechurch Street
London EC3V 0HR