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Panther Metals CEO Converts Loan Notes to Shares

Panther Metals CEO Converts Loan Notes to Shares

Panther Metals Plc (GB:PALM) has released an update.

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Panther Metals PLC has announced that CEO Darren Hazelwood has converted £56,000 worth of loan notes into 63,922 new ordinary shares at £1.025 each, which will be admitted to the London Stock Exchange’s Main Market. Following the admission, the total issued share capital of the company will be 4,110,147 ordinary shares, with Hazelwood’s interest in the company increasing to 6.21%. The shares are expected to begin trading on August 5, 2024.

For further insights into GB:PALM stock, check out TipRanks’ Stock Analysis page.

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