Announcement PDF RNS Number : 1148M Alba Mineral Resources PLC 13 November 2024 NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES, AUSTRALIA, CANADA, SOUTH AFRICA OR JAPAN OR ANY OTHER JURISDICTION WHERE, OR TO ANY OTHER PERSON TO WHOM, TO DO SO MIGHT CONSTITUTE A VIOLATION OR BREACH OF ANY APPLICABLE LAW OR REGULATION. PLEASE SEE THE IMPORTANT NOTICE AT THE END OF THIS ANNOUNCEMENT. THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES OF REGULATION (EU) 596/2014 AS IT FORMS PART OF DOMESTIC LAW IN THE UNITED KINGDOM BY VIRTUE OF THE EU (WITHDRAWAL) ACT 2018. Alba Mineral Resources Plc / EPIC: ALBA / Market: AIM / Sector: Mining 13 November 2024 Alba Mineral Resources Plc ("Alba" or the "Company") Director Subscription, Results of Retail Offer and Issue of Equity Alba Mineral Resources plc(AIM: ALBA) announces issues of equity as follows: Director Subscription and Retail Offer Further to its announcement of 6 November 2024, the Company has conditionally raised approximately £37,023 (before expenses) via the conditional issue of 123,410,000new ordinary shares of 0.01 penceeach in the capital of the Company (the "Retail Offer Shares") at a price of0.03p per share(the "Issue Price")pursuant to its offerto its existing retail shareholders via CMC CapX (the "Retail Offer"). The Retail Offer includes a subscription of £20,000 by George Frangeskides, Chairman of the Company, and £3,000 by Elizabeth Henson, Non-Executive Director (the "Subscription"). The offer was available on fewer platforms than previously which may have contributed to the lesser take-up of the offer. This was outside the Company's control. The Company wishes to thank shareholders for their continued support. The Retail Offer is conditional on the Retail Offer Shares being admitted to trading on the AIM market operated by London Stock Exchange plc ("Admission"). Admission is expected to take place at 8.00 a.m. on or around18 November 2024. This announcement should be read in its entirety. In particular, the information in the "Important Notices" section of the announcement should be read and understood. Settlement of fees The Company also announces that it has settled approximately £20,000 in fees via the issue of 50,860,071 new ordinary shares to two suppliers. Director Subscription The table below provides details of the purchase of Shares by Directors of the Company under the Subscription and their resulting interests following the purchase. The PDMR forms are set out at the bottom of this announcement. Director George Frangeskides Elizabeth Henson Subscription (£) £20,000 £3,000 Shares Allotted 66,666,667 10,000,000 The Subscription by George Frangeskides and Elizabeth Henson for shares in the Retail Offer constitutes a related party transaction as defined by the AIM Rules. The independent director of the Company, Michael Nott, considers, having consulted with SPARK Advisory Partners Ltd, the Company's nominated adviser, that the terms of the Subscription are fair and reasonable insofar as the Company's shareholders are concerned. Important Notices The contents of this announcement have been prepared by and issued by the Company and is the sole responsibility of the Company. The Board of Directors of the Company are responsible for arranging the release of this announcement on behalf of the Company. This announcement is not for publication or distribution, directly or indirectly, in or into the United States of America. This announcement is not an offer of securities for sale into the United States. The securities referred to herein have not been and will not be registered under the U.S. Securities Act of 1933, as amended, and may not be offered or sold in the United States, except pursuant to an applicable exemption from registration. No public offering of securities is being made in the United States. This announcement and the information contained herein is not for release, publication or distribution, directly or indirectly, in whole or in part, in or into or from Australia, Canada, Japan, the Republic of South Africa, or any other jurisdiction where to do so might constitute a violation of the relevant laws or regulations of such jurisdiction. The distribution of this announcement may be restricted by law in certain jurisdictions and persons into whose possession any document or other information referred to herein comes should inform themselves about and observe any such restriction. Any failure to comply with these restrictions may constitute a violation of the securities laws of any such jurisdiction. CMC CapX is a software and technology platform owned and operated by CMC Markets UK plc (trading as CMC CapX) (registered address at133 Houndsditch, London, EC3A 7BX). CMC Markets UK plc ("CMC") is authorised and regulated in the United Kingdom by the FCA, is acting exclusively for the Company and for no-one else and will not regard any other person (whether or not a recipient of this announcement) as its client in relation to the Retail Offer and will not be responsible to anyone other than the Company for providing the protections afforded to its clients, nor for providing advice in connection with the Retail Offer, Admission and the other arrangements referred to in this announcement. Admission to AIM Application will be made for the 174,270,071 new ordinary shares to be admitted to trading on AIM ("Admission"). It is expected that Admission of the new ordinary shares will become effective at 8.00 a.m. on or around 18 November 2024. The new ordinary shares will be issued credited as fully paid and will rank in full for all dividends and other distributions declared, made or paid after Admission and will otherwise rank on Admission pari passu in all respects with the existing ordinary shares. Total Voting Rights Following Admission, the total number of ordinary shares in issue will be 10,911,209,337. The Company does not hold any ordinary shares in treasury. Therefore, the total number of ordinary shares with voting rights will be 10,911,209,337. This figure may 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 and Transparency Rules. The Company's LEI is 213800Z1BU53AWR9J329. This announcement contains inside information for the purposes of the UK Market Abuse Regulation and the Directors of the Company are responsible for the release of this announcement. Forward Looking Statements This announcement contains forward-looking statements relating to expected or anticipated future events and anticipated results that are forward-looking in nature and, as a result, are subject to certain risks and uncertainties, such as general economic, market and business conditions, competition for qualified staff, the regulatory process and actions, technical issues, new legislation, uncertainties resulting from potential delays or changes in plans, uncertainties resulting from working in a new political jurisdiction, uncertainties regarding the results of exploration, uncertainties regarding the timing and granting of prospecting rights, uncertainties regarding the timing and granting of regulatory and other third party consents and approvals, uncertainties regarding the Company's or any third party's ability to execute and implement future plans, and the occurrence of unexpected events. Actual results achieved may vary from the information provided herein as a result of numerous known and unknown risks and uncertainties and other factors. **ENDS** Engage with Alba by asking questions, watching video summaries and reading what other shareholders have to say. Navigate to our interactive Investor Hub here: https://albamineralresources.com/link/mepw8y For further information, please visit the Alba Mineral Resources plc investor website (www.albamineralresources.com) and sign up to receive news and engage with the Alba management team.Subscribe to our news alert service(https://alba-l.investorhub.com/auth/signup) and visit @AlbaMinerals on X (formerly Twitter). Alba Mineral Resources plc +44 20 3950 0725 George Frangeskides, Executive Chairman SPARK Advisory Partners Limited (Nomad) +44 20 3368 3555 Andrew Emmott CMC Markets plc (Broker) +44 20 3003 8632 Thomas Smith / Douglas Crippen Alba's Projects & Investments Projects Operated by Alba Location Ownership Clogau (gold) Wales 100% Dolgellau Gold Exploration (gold) Wales 100% Gwynfynydd (gold) Wales 100% Location Ownership Greenland 34.34% England 11.765% Investments Held by Alba GreenRoc Strategic Materials Plc (graphite - anode) Horse Hill (oil) 1 Details of the person discharging managerial responsibilities / person closely associated a) Name Mr George Frangeskides 2 Reason for the notification a) Position/status Director b) Initial notification /Amendment Initial notification 3 Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor a) Name Alba Mineral Resources plc b) LEI 213800Z1BU53AWR9J329 4 Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted a) Description of the financial instrument, type of instrument Ordinary shares of 0.01 pence each Identification code GB00B06KBB18 b) Nature of the transaction Subscription for Ordinary shares of 0.01 pence each c) Price(s) and volume(s) d) Price(s) Volume 0.03 pence 66,666,667 Aggregated information - Aggregated volume N/A - Price e) Date of the transaction 13 November 2024 f) Place of the transaction London, UK 2 Details of the person discharging managerial responsibilities / person closely associated a) Name MsElizabeth Henson 2 Reason for the notification a) Position/status Non-Executive Director b) Initial notification /Amendment Initial notification 3 Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor a) Name Alba Mineral Resources plc b) LEI 213800Z1BU53AWR9J329 4 Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted a) Description of the financial instrument, type of instrument Ordinary shares of 0.01 pence each Identification code GB00B06KBB18 b) Nature of the transaction Subscription for Ordinary shares of 0.01 pence each c) Price(s) and volume(s) d) Price(s) Volume 0.03 pence 10,000,000 Aggregated information - Aggregated volume N/A - Price e) Date of the transaction 13 November 2024 f) Place of the transaction London, UK This information is provided by RNS, the news service of the London Stock Exchange. 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