8 October 2024
Metals Exploration PLC
Major Shareholdings
Metals Exploration plc (AIM: MTL) ("Metals Exploration" or the "Company"), a gold producer in the Philippines, has been notified of the sale, at 6p per share, of 100 million ordinary shares of £0.0001 each ("Ordinary Shares") by MTL Luxembourg S.a.r.l. to existing shareholder, Drachs Investments No 3 Limited. The trade took place on 8 October 2024.
Following this transaction, the significant shareholdings of which the Company is aware are:
| Shareholder | Number of Ordinary shares | Percentage of Company's voting rights |
| MTL Luxembourg S.a.r.l. | 651,000,000 | 37.67% |
| Drachs Investments No3 Limited | 317,532,143 | 18.37% |
| Baker Steel Capital | 64,838,429 | 3.75% |
| For further information, please contact or visit: | |
| Metals Exploration PLC |
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| Via Tavistock Communications Limited | +44 (0) 207 920 3150 |
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| Nominated & Financial Adviser: | STRAND HANSON LIMITED |
| James Spinney, James Dance, Rob Patrick | +44 (0) 207 409 3494 |
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| Broker: | HANNAM & PARTNERS |
| Matt Hasson, Franck Nganou | +44 (0) 207 907 8500 |
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| Public Relations: | TAVISTOCK COMMUNICATIONS LIMITED |
| Jos Simson, Nick Elwes | +44 (0) 207 920 3150 |
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