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First Tin PLC announced that 133,333,334 new ordinary shares, previously placed at 6 pence each, were admitted to the standard listing segment of the Official List and to trading on the Main Market of the London Stock Exchange on 20 November 2024. Following this admission at 8:00 a.m. today, the Company confirmed it has 451,868,306 ordinary shares in issue, totaling 451,868,306 voting rights.
| Date | 20 Nov 2024 |
| Time | 11:02:00 |
| Category | Capital structure |
| ID | 9898M |
20 November 2024
First Tin PLC
("First Tin" or "the Company")
Admission of New Ordinary Shares and Total Voting Rights
First Tin PLC, a tin development company with advanced, low capex projects in Germany and Australia, announces that further to its announcement on 28 October 2024 relating to the successful placing of and subscription of 133,333,334 Ordinary Shares ("New Ordinary Shares") of £0.001 each in the capital of the Company at a price of 6 pence per Ordinary Share have today been admitted to the standard listing segment of the Official List of the Financial Conduct Authority ("FCA") and to trading on the Main Market for listed securities of the London Stock Exchange under the ticker "1SN" ("Admission").
Total Voting Rights
In accordance with the FCA's Disclosure Guidance and Transparency Rules ("DGTRs"), the Company confirms that following Admission at 8.00 a.m. today, it has in issue 451,868,306 ordinary shares of no par value and carrying one voting right each. The Company does not hold any ordinary shares in treasury. Accordingly, the total number of voting rights in the Company is 451,868,306, which 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 to their interest in, the Company under the DGTRs.
Enquiries:
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First Tin |
Via SEC Newgate below |
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Bill Scotting - Chief Executive Officer |
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Arlington Group Asset Management Limited (Financial Advisor and Joint Broker) |
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Simon Catt |
020 7389 5016 |
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Zeus Capital Limited (Joint Broker and Bookrunner) |
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Harry Ansell/Dan Bristowe/Katy Mitchell |
020 3829 5000 |
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SEC Newgate (Financial Communications) |
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Elisabeth Cowell / Molly Gretton |
07900 248 213 |
Notes to Editors
First Tin PLC is an ethical, reliable, and sustainable tin production company led by a team of renowned tin specialists. The Company is focused on becoming a tin supplier in conflict-free, low political risk jurisdictions through the rapid development of high value, low capex tin assets in Germany and Australia, which have been de-risked significantly, with extensive work undertaken to date.
Tin is a critical metal, vital in any plan to decarbonise and electrify the world, yet Europe has very little supply. Rising demand, together with shortages, is expected to lead tin to experience sustained deficit markets for the foreseeable future.
First Tin's goal is to use best-in-class environmental standards to bring two tin mines into production in three years, providing provenance of supply to support the current global clean energy and technological revolutions.