Panther Metals Executive Chairman Increases Stake
Company Announcements

Panther Metals Executive Chairman Increases Stake

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

Panther Metals PLC has announced that its executive chairman, Nicholas O’Reilly, exercised conversion rights for £50,000 of convertible loan notes, resulting in the issuance of 57,073 new ordinary shares at £1.025 each. These shares are expected to be admitted to the London Stock Exchange’s Main Market, which will subsequently increase the total voting rights in the company to 4,167,220. Post-transaction, O’Reilly’s stake in the company will be 2.0% of the issued Ordinary Share capital.

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

Related Articles
TipRanks UK Auto-Generated NewsdeskPanther Metals Expands Share Capital with New Issuance
TipRanks UK Auto-Generated NewsdeskPanther Metals Gains Momentum with Fulcrum’s Project Success
TipRanks UK Auto-Generated NewsdeskPanther Metals Expands Exploration at Dotted Lake
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App