Client News
Tirupati Graphite – Issue of Consideration Shares and Total Voting Rights – CorrectionThis announcement replaces RNS No. 0660X released on 18 December 2023 at 7:00AM, which included an incorrect number of consideration shares. The correct number of consideration shares is 6,546,556. All other details were correct. A corrected announcement is set out below.
Tirupati Graphite plc (TGR.L, TGRHF.OTCQX), the specialist Flake Graphite company and supplier of the critical mineral for the global energy transition, is pleased to announce the issue of 6,546,556 consideration shares to Battery Minerals Limited (“BAT”) as part of tranche 2 of the acquisition agreement of Suni Resources SA (See RNS 19th April 2023).
Admission of the Consideration Shares to the Standard Segment of the Official List of the Financial Conduct Authority (“FCA”) and to trading on the Main Market of the London Stock Exchange, is expected to become effective on or around 8.00 a.m. on Wednesday 20 December 2023 (“Admission”).
Following the issue of Consideration Shares the Company’s issued share capital will comprise 114,799,220 ordinary shares of £0.025 each. The above figure may be used by shareholders as the denominator for the calculations by which they will determine whether they are required to notify their interest in, or a change to their interest in, the Company under the Financial Conduct Authority’s Disclosure and Transparency Rules.
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