1 April 2025
Miotal Plc
(the "Company")
Termination of Acquisition Discussions, Restoration of Trading and Change of Name
Miotal Plc (LSE: MIO), a special purpose acquisition company formed to undertake one or more acquisitions of a target company or business, announces that it has terminated discussions to acquire SMT Holdings Limited, a UAE based entity. Accordingly, the Heads of Terms that the Company entered into with SMT Holdings Limited has also been terminated. The Company is actively pursuing alternative acquisition opportunities involved in strategic metals and rare earth assets.
It is the Board's intention to apply to the FCA for the current suspension of the Company's shares to be lifted as soon as possible.
The Company also announces that following a Board meeting of the Company, it has changed its name to "Wolfram Resources Plc". The new Company name has been formally registered at Companies House and the change of name will take effect on the London Stock Exchange from 08:00 a.m. on 2 April 2025 and dealings under the new name will commence immediately thereafter.
The Company's TIDM will also be changed to "WFR". The ISIN (GB00BMWKKL25) remain unchanged. The Company's website address will shortly be changed from www.miotal.com to www.wolframresources.com.
Shareholders will be unaffected by the change of name and existing share certificates will continue to be valid and should be retained.
**ENDS**
Enquiries
| Miotal Plc Graeme Muir, Director
|
|
|
| |
| Peterhouse Capital Limited | Tel: +44 (0)20 7469 0930 |
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
