Result of RetailBook Offer and Total Voting Rights

ACG Metals Limited (LSE:ACG, ACGW), announced on 11 November 2025 the launch of a fundraising comprising a Placing in conjunction with a RetailBook Offer.

The Company is pleased to announce that the Retail Book Offer was significantly oversubscribed, and the Company decided to increase the retail offer from approximately US$0.5 million to approximately US$1 million to satisfy some of the additional demand. The offer received strong support from both existing and new investors; successfully completing and closing at 4:45 p.m. on 12 November 2025. Through the RetailBook Offer, the Company has conditionally raised approximately US$1 million via the issue of 72,305 new Ordinary Shares at the Issue Price of £10.80 per new Ordinary Share.

Following the close of the RetailBook Offer, the Company has conditionally raised gross proceeds of approximately US$16.0 million (equivalent to approximately £12.2 million) at the Issue Price via the Fundraise. The Company will therefore be required to issue and allot a total of 1,128,614 new Ordinary Shares to satisfy the Fundraise.

Admission and Total Voting Rights

Applications will be made for the Placing Shares and Retail Shares (together, the “New Ordinary Shares”) to be admitted to listing in the equity shares (transition) category of the Official List of the Financial Conduct Authority (the “FCA”) (the “Official List”) and to be admitted to trading on the main market for listed securities of London Stock Exchange plc (“London Stock Exchange”) (together, “Admission”). It is anticipated that Admission will become effective, and that dealings in the New Ordinary Shares will commence, at 8.00 a.m. (London time) on 14 November 2025. The New Ordinary Shares will, when issued, be fully paid and will rank pari passu in all respects with the existing Ordinary Shares of the Company, including the right to receive all dividends and other distributions declared, made or paid after the date of issue.

Immediately following Admission, the issued share capital of the Company is expected to comprise 22,787,760 Ordinary Shares. There are no Ordinary Shares held in treasury. Therefore, the Company confirms that the total number of voting rights in the Company will, following Admission, be 22,787,760 Ordinary Shares which is the figure that may be used by Shareholders as the denominator for the calculation by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the FCA’s Disclosure Guidance and Transparency Rules.

Capitalised terms used in this announcement shall, unless defined in this announcement or unless the context provides otherwise, bear the same meaning ascribed to such terms in the retail launch announcement dated 11 November 2025.

Enquiries

Palatine
Conal Walsh / James Gilheany / Kelsey Traynor / Richard Seed
[email protected]

RetailBook Limited
Michael Ward / James Deal 
[email protected]