Altona Rare Earths plc today began trading on the main market of the London Stock Exchange. PROGRAMMES On admission, the company will have 82,403,199 ordinary shares in issue. Chief executive officer Cedric Simonet said that the move would significantly contribute to unlocking value in Altona’s flagship asset, Monte Muambe, and its strategy of becoming a rare earth […]
Tag: Main Market
Altona defers admission to main market
Altona Rare Earths plc’s admission to the main market will now be at the end of March 2023 while the company finalises its prospectus for approval by the Financial Conduct Authority (FCA). The company last week raised £2 million for the transition which was previously expected to be on 20 March, subject to FCA consent. Altona […]
Altona continues application to LSE main market
Altona Rare Earths plc said that, following the Financial Conduct Authority (FCA)’s recent change in policy, it could still continue its application for admission to the London Stock Exchange (LSE)’s Main Market. MINIMUM MARKET CAPITALISATION The company added that as a result of the policy statement, from 3 December 2021, all companies seeking to list […]