Panther Metals plc chief executive has exercised the conversion rights attaching to the £56,000 of convertible loan notes held by him in respect of principal and accrued interest of £9,520.
Following the exercise on 28 July, Darren Hazelwood will be issued with 63,922 new ordinary shares of no par value in the company at £1.025 per ordinary share.
On admission, Panther’s total issued share capital consists of 4,110,147 ordinary shares, with voting rights. The company holds no ordinary shares in treasury.
Mr Hazelwood is now interested in 255,389 ordinary shares, representing 6.21% of the company’s existing issued ordinary share capital.