Pensana Plc (LSE: PRE), the rare earth development company, has announced an updated share issuance figure following its equity announcement of 10 November 2026. A total of 454,000 New Ordinary Shares are expected to be admitted to the London Stock Exchange at approximately 08:00 on 16 November 2026. The disclosure, classified as inside information under Market Abuse Regulations, also confirms that a further 4,546,000 New Ordinary Shares from the original announcement remain pending admission, with the company stating it will provide a further market update on those shares in due course.

Key Points

  • Pensana Plc (LSE: PRE) is a rare earth development company listed on the London Stock Exchange
  • 454,000 New Ordinary Shares are expected to be admitted to the LSE on or about 16 November 2026
  • Following this issue, total issued share capital stands at 353,969,226 Ordinary Shares with no shares held in treasury
  • Investors should watch for Pensana's forthcoming update on the remaining 4,546,000 New Ordinary Shares yet to be admitted

Pensana Confirms 454,000 Shares to Admit on 16 November 2026 Following 10 November Equity Announcement

The company's announcement states that the 454,000 New Ordinary Shares being admitted represent a partial fulfilment of the broader equity issuance disclosed on 10 November 2026. The new shares will rank pari passu with Pensana's existing Ordinary Shares, meaning they carry the same rights and entitlements as shares already in issue. The admission is scheduled for on or about 08:00 on 16 November 2026 on the London Stock Exchange. The announcement was released as a regulatory disclosure under Market Abuse Regulations EU No.596/2014, with Paul Atherley, Chairman, identified as the person responsible for authorising its release.

Pensana's Total Issued Share Capital Rises to 353,969,226 Ordinary Shares After Latest Admission

Following the admission of the 454,000 New Ordinary Shares, Pensana's total issued share capital will stand at 353,969,226 Ordinary Shares. The company confirms that no shares are currently held in treasury, meaning the total voting rights figure also stands at 353,969,226. This figure is disclosed in accordance with the Financial Conduct Authority's Disclosure and Transparency Rules, enabling shareholders to calculate whether any changes in their holdings trigger a notification obligation regarding their interest in the company.

Remaining 4,546,000 New Ordinary Shares from 10 November Announcement Still Pending LSE Admission

The announcement makes clear that this issuance covers only part of the total New Ordinary Shares referenced in the 10 November 2026 equity announcement. The remaining 4,546,000 New Ordinary Shares have not yet been admitted, and Pensana has stated it will update the market regarding their application and admission separately. Investors monitoring Pensana's capital structure may therefore expect at least one further regulatory announcement before the full equity issuance is complete. The company did not disclose the purpose or use of proceeds from the equity issuance in this particular announcement.