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| TIDM | PREM |
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Premier African Minerals Limited confirmed a share consolidation, approved on 5 June 2025, on the basis of one new ordinary share for every 10 existing ordinary shares. This will reduce the total number of ordinary shares from 84,859,029,039 to 8,485,902,904. The record date for the consolidation is 6.00pm on 13 October 2025, with the consolidation effective and trading in the new ordinary shares commencing at 8.00am on 14 October 2025, under new ISIN VGG7223M1187 and SEDOL BNVY1J7.
| Date | 10 Oct 2025 |
| Time | 07:00:03 |
| Category | Miscellaneous |
| ID | 7822C |
10 October 2025
Premier African Minerals Limited
Share Consolidation
ISIN and SEDOL
Premier African Minerals Limited ("Premier" or the "Company") confirms that the consolidation details, including the new ISIN and SEDOL, and key dates are as follows:
|
Consolidation details |
|
|
Company Name |
Premier African Minerals Limited |
|
Security |
Ordinary shares of no par value |
|
Existing number of Ordinary Shares |
84,859,029,039 |
|
Consolidation |
One New Ordinary Share for every 10 Existing Ordinary Shares |
|
Number of New Ordinary Shares on effective date |
8,485,902,904 |
|
ISIN |
VGG7223M1187 |
|
SEDOL |
BNVY1J7 |
|
TIDM |
PREM (unchanged) |
|
Event |
Date |
|
Date of Annual General Meeting which approved the consolidation |
5 June 2025 |
|
Record date for consolidation |
6.00pm, 13 October 2025 |
|
CREST accounts due to be credited |
8.00am, 14 October 2025 |
|
Consolidation effective date and trading expected to commence in the New Ordinary shares |
8.00am, 14 October 2025 |
|
Replacement certificates due to be despatched
|
By 28 October 2025
|
Note:
All references to time in this announcement are to London time, unless otherwise stated. Any changes to the expected timetable will be notified by the Company through an RIS
Enquiries:
|
Graham Hill |
Premier African Minerals Limited |
Tel: 27 (0) 100 201 281 |
|
Michael Cornish / Roland Cornish |
Beaumont Cornish Limited (Nominated Adviser) |
Tel: +44 (0) 20 7628 3396 |
|
Douglas Crippen |
CMC Markets UK Plc |
Tel: +44 (0) 20 3003 8632 |
|
Toby Gibbs/Harry Davies-Ball |
Shore Capital Stockbrokers Limited |
Tel: +44 (0) 20 7408 4090 |
Nominated Adviser Statement
Beaumont Cornish Limited ("Beaumont Cornish"), which is authorised and regulated in the United Kingdom by the Financial Conduct Authority, is acting as nominated adviser to the Company in connection with this announcement and will not regard any other person as its client and will not be responsible to anyone else for providing the protections afforded to the clients of Beaumont Cornish or for providing advice in relation to such proposals. Beaumont Cornish has not authorised the contents of, or any part of, this document and no liability whatsoever is accepted by Beaumont Cornish for the accuracy of any information, or opinions contained in this document or for the omission of any information. Beaumont Cornish as nominated adviser to the Company owes certain responsibilities to the London Stock Exchange which are not owed to the Company, the Directors, Shareholders, or any other person.
Notes to Editors:
Premier African Minerals Limited (AIM: PREM) is a multi-commodity mining and natural resource development company focused on Southern Africa with its RHA Tungsten and Zulu Lithium projects in Zimbabwe.
The Company has a diverse portfolio of projects, which include tungsten, rare earth elements, lithium and tantalum in Zimbabwe and lithium and gold in Mozambique, encompassing brownfield projects with near-term production potential to grass-roots exploration.
Ends