13 June 2024
Panther Metals plc
("Panther Metals" or "Company")
(Incorporated and registered in Isle of Man with company number 009753V)
Results of Annual General Meeting and new ISIN
The board of directors of Panther Metals plc (LSE: PALM) is pleased to announce that at the Annual General Meeting ("AGM") of the Company held earlier today all resolutions were duly passed.
The result of the poll, including the proxy voting, is as follows:
| Resolution | Votes for | % | Discretion Voted Holding | Votes Against | Votes withheld |
| Ordinary Resolution Resolution 1 To approve the 2023 Annual Report of the Company | 13,107,766 | 99.44 | 0 | 74,471 | 0 |
| Ordinary Resolution Resolution 2 To approve the Directors' Remuneration Report | 13,055,228 | 99.08 | 0 | 121,739 | 5,270 |
| Ordinary Resolution Resolution 3 To re-appoint Darren Hazelwood as a director of the Company | 13,078,232 | 99.27 | 0 | 96,735 | 7,270 |
| Ordinary Resolution Resolution 4 To re-appoint Katherine O'Reilly as a director of the Company | 13,078,232 | 99.27 | 0 | 96,735 | 7,270 |
| Ordinary Resolution Resolution 5 To re-appoint Simon Rothschild as a director of the Company | 13,078,232 | 99.27 | 0 | 96,735 | 7,270 |
| Ordinary Resolution Resolution 6 To re-appoint Nicholas O'Reilly as a director of the Company | 13,078,232 | 99.27 | 0 | 96,735 | 7,270 |
| Ordinary Resolution Resolution 7 To re-appoint Tracy Weslosky as a director of the Company | 13,078,232 | 99.27 | 0 | 96,735 | 7,270 |
| Ordinary Resolution Resolution 8 To re-appoint Keelings Limited as the auditor of the Company | 13,093,502 | 99.34 | 0 | 86,735 | 2,000 |
| Ordinary Resolution Resolution 9 To approve the share consolidation ("Share Consolidation") | 8,483,610 | 64.36 | 0 | 4,698,627 | 0 |
| Ordinary Resolution Resolution 10 To approve authority to allot shares of the Company | 8,981,991 | 98.66 | 0 | 121,739 | 4,078,507 |
| Special Resolution Resolution 11 To approve the disapplication of pre-emption rights | 8,981,991 | 98.90 | 0 | 100,354 | 4,099,892 |
The resolutions were all passed on a poll, with votes cast in accordance with proxy voting instructions submitted to the Company by the relevant deadline, together with those cast at the AGM itself, and will be available on the National Storage Mechanism, https://data.fca.org.uk/#/nsm/nationalstoragemechanism.
The result of poll and proxy voting will also be available on the Company's website, https://www.panthermetals.co.uk/.
Share Consolidation
At the meeting, inter alia, a resolution was passed which approved the consolidation of 92,822,307 existing ordinary shares ("Existing Ordinary Shares") of no par value on a 25 into 1 basis, such that every 100 Existing Ordinary Shares are consolidated into 4 ordinary shares. As a result of the approval of the Share Consolidation, the Company will have . new Ordinary Shares in issue ("New Ordinary Shares"). Admission in respect of such New Ordinary Shares will become effective and dealings in those New Ordinary Shares will commence on 14 June 2024. As a result of the Share Consolidation, the ISIN of the New Ordinary Shares will change from IM00BKDM2T52 to IM00BRF2WV49.
The above figure of 3,712,892 should be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the share capital of the Company under the Financial Conduct Authority's Disclosure Guidance and Transparency Rules.
Enquiries:
| Panther Metals plc Darren Hazelwood, Chief Executive Officer Mitchell Smith, Chief Operating Officer
|
Tel: +44 (0)1462 429 743 Tel: +1 (604) 209 6678 |
| SI Capital Limited (Broker) | |
| Nick Emerson
| Tel: +44 (0)1438 416 500 |
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