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Marc Sale, Executive Director and CEO of First Class Metals PLC, exercised 795,000 share options on 21 July 2026. These options, awarded on 17 July 2022, were exercised at 2.0 pence per ordinary share for an aggregate cost of £15,900, resulting in the issue of 795,000 new ordinary shares. Following this issuance, First Class Metals PLC's total issued ordinary share capital comprises 425,071,349 Ordinary Shares with equal voting rights.
| Date | 22 Jul 2026 |
| Time | 07:00:03 |
| Category | Director/PDMR dealings |
| ID | 2967N |
FIRST CLASS METALS PLC
22 July 2026
Exercise of Share Options
First Class Metals plc (LSE: FCM) (the "Company"), the Ontario focused gold and critical metals exploration company, is pleased to announce that Marc Sale, the Executive Director and CEO of the Company, has exercised 795,000 share options ("Options") awarded to him on 17 July 2022. Details of the exercise are set out below:
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Exercise of Share Options |
Details |
|
PDMR |
Marc Sale, Executive Director & CEO |
|
Date options awarded |
17 July 2022 |
|
Number of options exercised |
795,000 |
|
Exercise price |
2.0 pence per Ordinary Share |
|
Aggregate exercise cost |
£15,900 |
|
Date of exercise |
21 July 2026 |
The Options were exercised at 2.0 pence per ordinary share, resulting in the issue of 795,000 new ordinary shares of £0.001 each in the Company (the "New Shares"). The New Shares will rank pari passu in all respects with the existing ordinary shares. Application has been made for the New Shares to be admitted to trading, with admission expected to occur on 27 July 2026.
Total Voting Rights
In accordance with the provision of the Disclosure Guidance and Transparency Rules of the Financial Conduct Authority, the Company confirms that, following the issue of the New Shares, the Company's issued ordinary share capital will comprise 425,071,349 Ordinary Shares. All the ordinary shares have equal voting rights and none of the ordinary shares are held in Treasury. The total number of voting rights in the Company will therefore be 425,071,349.
The above figure may be used by shareholders as the denominator for the calculations to determine if they are required to notify their interests in, or a change to their interest in, the Company.
For Further Information:
Engage with us by asking questions, watching video summaries, and seeing what other shareholders have to say. Navigate to our Interactive Investor hub here: https://firstclassmetalsplc.com/link/rDEAxP
James Knowles, Executive Chair
Email: [email protected]
Tel: 07488 362641
Marc J Sale, CEO and Executive Director
Email: [email protected]
Tel: 07711 093532
AlbR Capital Limited (Financial Adviser)
David Coffman/Dan Harris
Website: www.albrcapital.com
Tel: (0)20 7469 0930
Axis Capital Markets (Broker)
Richard Hutchinson
Website: Axcap247.com
Tel: (0)203 026 0449
Notification and public disclosure of transaction by person discharging managerial responsibilities
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1 |
Details of the person discharging managerial responsibilities/person closely associated |
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a. |
Name |
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Marc Sale
|
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2 |
Reason for notification |
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a. |
Position/Status |
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Director & CEO
|
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b. |
Initial notification/ Amendment |
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Initial Notification |
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3 |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
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a. |
Name |
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First Class Metals PLC |
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b. |
LEI |
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894500V981ZTFLGVOZ38 |
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4 |
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted |
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|
a. |
Description of the financial instrument, type of instrument |
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Ordinary Shares of £0.001 each
ISIN Code: GB00BPJGTF16 |
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b. |
Nature of the transaction |
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Exercise of Share Options |
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c. |
Price(s) and volume(s) |
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d. |
Aggregated information
- Aggregated Volume
- Price |
|
Aggregated Volume =795,000
£0.02 |
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|
e. |
Date of the transaction |
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21 July 2026 |
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f. |
Place of the transaction |
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London UK |
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