25 Nov

Completion of Unmarketable Parcel Share Sale

25 November 2021 COMPLETION OF UNMARKETABLE PARCEL SHARE SALE Metal lica Minerals Limited (ASX: MLM ) is pleased to advise that it has completed the Unmarketable Parcel Share Sale as announced to the ASX on 20 September 2021. The Company provi de d the facility to h olders of U nmarketable P arcel s to sell their shares without incurring any bro kerage or hand ling costs that would otherwise make a sale of their share s uneconomic or difficult. As at market close on 17 September 2021 (Record Date) , the re were 5,965,997 ordinary shares in the Company , held by 944 shareholders (representing approximately 1% of the total issued capital ) that had a market value of less than A$500 ( Unmarketable Parcel s ). The final number of eligible share s sold under the fa cility was 4,609,618 ordinary shares c omp rising 754 shareholders , which represents approximately 80% of eligible shareholders on 17 September 2021 . The sh ares were sold on ma rke t by Mahe Capi tal Pty Ltd a t an average price of $0. 0 25 per share. Payme nt was dispatch ed to participating shareholders on 25 Nov ember 2021. The Executive Chairman , Theo Psaros, commented that “ Metallica is happy with the outcome of the U nmarketable P arcel sale process, which has allow ed smaller shareholders to sell without inc urring the costs of doing so and also reduce s the administrative costs associated with maintaining a large number of small holdings ” . T his announcement has been approved in accordance with the Company’s published continuous disclosure policy and has been approved by the Board. For further information, please cont act: Mr Theo Psaros Mr Scott Waddell Executive Chairman C FO & Company Secretary +61 (7) 3249 3000 +61 (7) 3249 3000
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