Technology Minerals PLC
20 July 2026
The information contained within this announcement is deemed to constitute inside information as stipulated under the retained EU law version of the Market Abuse Regulation (EU) No. 596/2014 (the "UK MAR") which is part of UK law by virtue of the European Union (Withdrawal) Act 2018. The information is disclosed in accordance with the Company's obligations under Article 17 of the UK MAR. Upon the publication of this announcement, this inside information is now considered to be in the public domain.
20 July 2026
Technology Minerals Plc
("Technology Minerals" or the "Company")
WRAP Retail Offer
Technology Minerals Plc (LSE: TM1), the UK-listed company focused on building national resource and manufacturing resilience, is pleased to announce a retail offer via the Winterflood Retail Access Platform ("WRAP") ("WRAP Retail Offer") by the issue of new ordinary shares of £0.0005 each in the capital of the Company ("WRAP Retail Offer Shares") at a price of £0.0005 per Ordinary Share ("Issue Price").
As announced on 17 July 2026, the Company raised net proceeds of £2,000,000 through a Placing at a price of £0.0005 per Ordinary Share ("Placing"). The net proceeds of the WRAP Retail Offer are intended to be applied in the same manner as the net proceeds of the Placing, namely to advance or acquire mineral exploration and related battery metals and critical-resilience opportunities and for general working capital, in the same relative proportions as the Placing proceeds allocated to those purposes. No proceeds of the WRAP Retail Offer, however, are expected to be used to fund settlement payments to Atlas Capital Markets LLC under the Amended ACM Settlement Deed.
For the avoidance of doubt, the WRAP Retail Offer is separate from, and is not being made pursuant to or on the basis of, the Prospectus published by the Company on 17 July 2026. The Prospectus does not relate to, and does not cover, the WRAP Retail Offer or the WRAP Retail Offer Shares.
Further information on Technology Minerals is set out in the Prospectus which is available on the Company's website at www.technologyminerals.co.uk.
The Company is admitted to trading on the London Stock Exchange Main Market. All transactions, arrangements and initiatives referred to in this announcement, including any proposed equity subscriptions, facilities, placings or issuances of Ordinary Shares, are subject to the UK prospectus regime, applicable exemptions, shareholder authorities and all relevant regulatory requirements. The FCA's new public offers and admissions to trading regime came into force on 19 January 2026 and introduced the current framework for regulated market admissions and public offer platforms.
WRAP Retail Offer
The Company is making the WRAP Retail Offer open to eligible investors in the United Kingdom who are existing shareholders of the Company, through certain financial intermediaries.
Existing shareholders can contact their broker or wealth manager to participate in the WRAP Retail Offer.
The WRAP Retail Offer is expected to close at 2.00 p.m. on 23 July 2026. Eligible shareholders should note that financial intermediaries may have earlier closing times.
Retail brokers wishing to participate in the WRAP Retail Offer on behalf of existing retail shareholders, should contact wrap@winterflood.com.
To be eligible to participate in the WRAP Retail Offer, applicants must be a customer of a participating intermediary and, prior to the release of this announcement, shareholders in the Company which may include individuals aged 18 years or over, companies and other bodies corporate, partnerships, trusts, associations and other unincorporated organisations.
There is a minimum subscription of £100 per investor under the WRAP Retail Offer. The terms and conditions on which investors subscribe will be provided by the relevant financial intermediaries including relevant commission or fee charges.
The Company reserves the right to amend the size and timings of the retail offer at its discretion. The Company reserves the right to scale back any order and to reject any application for subscription under the WRAP Retail Offer without giving any reason for such rejection.
It is vital to note that once an application for WRAP Retail Offer Shares has been made and accepted via an intermediary, it cannot be withdrawn.
The Ordinary Shares will, when issued, be credited as fully paid and will rank pari passu in all respects with existing Ordinary Shares including the right to receive dividends and other distributions declared, made or paid after their date of issue.
The WRAP Retail Offer is offered in the United Kingdom under an exception from prohibitions on offers to the public pursuant to Schedule 1 (Part 1) of The Public Offers and Admission to Trading Regulations 2024 and under an exemption from the requirement to publish a prospectus under the FCA's Prospectus Rules: Admission to Trading on a Regulated Market sourcebook. The WRAP Retail Offer is not being made into any jurisdiction other than the United Kingdom.
Investors should make their own investigations into the merits of an investment in the Company. Nothing in this announcement amounts to a recommendation to invest in the Company or amounts to investment, taxation or legal advice.
It should be noted that a subscription for WRAP Retail Offer Shares and investment in the Company carries a number of risks. Investors should take independent advice from a person experienced in advising on investment in securities such as the WRAP Retail Offer Shares if they are in any doubt.
An investment in the Company will place capital at risk. The value of investments, and any income, can go down as well as up, so investors could get back less than the amount invested.
Neither past performance nor any forecasts should be considered a reliable indicator of future results.
Enquiries
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Technology Minerals Plc |
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Alex Stanbury, Chief Executive Officer |
c/o +44 (0)20 4582 3500 |
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Oberon Capital (Broker) |
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Nick Lovering, Adam Pollock |
+44 (0)20 3179 5300 |
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Gracechurch Group (Financial PR) |
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Harry Chathli, Alexis Gore, Rebecca Scott |
+44 (0)20 4582 3500 |
About Technology Minerals Plc
Technology Minerals is developing the UK's first listed, sustainable circular economy for battery metals, using cutting-edge technology to recycle, recover, and re-use battery technologies for a renewable energy future. Technology Minerals is focused on raw material exploration required for Li-ion batteries, whilst solving the ecological issue of spent Li-ion batteries, by recycling them for re-use by battery manufacturers.
Technology Minerals' Mantle Strategy
The Mantle strategy is Technology Minerals' repositioning as a listed national resilience company, built on the conviction that the private sector must play a central role in securing the UK's sovereign supply of critical resources, capabilities and infrastructure. It aligns the Company directly with the UK Government's Critical Minerals Strategy (Vision 2035) and its targets for domestic production, recycling and reduced reliance on single-country supply.
Mantle is executed across three pillars: Natural Resources (domestic reclamation, extraction, international exploration and stockpiling, anchored by Recyclus Group and the Company's mineral exploration assets); Critical Capabilities (foundational midstream and downstream capacity); and an Enabling Ecosystem (the partnerships and investments needed to pre-empt emerging requirements). Delivery will begin with a consolidation phase that resets the balance sheet and catalyses existing assets, followed by execution of a near-term pipeline of value-accretive opportunities - several revenue-generating and aligned with UK defence and national resilience requirements - as the Company scales towards becoming a critical part of the UK's resilience ecosystem.
Further information on Technology Minerals is available at www.technologyminerals.co.uk.
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