{"id":134078,"title":"First Class Metals PLC (LON: FCM) Result of oversubscribed WRAP Retail Offer","publisher":"Share Talk","author":"sharetalk","published":"2026-03-26T09:02:27+00:00","modified":"2026-03-26T09:02:27+00:00","canonical_url":"https://www.share-talk.com/first-class-metals-plc-lon-fcm-result-of-oversubscribed-wrap-retail-offer/","markdown_url":"https://www.share-talk.com/first-class-metals-plc-lon-fcm-result-of-oversubscribed-wrap-retail-offer.md","json_url":"https://www.share-talk.com/first-class-metals-plc-lon-fcm-result-of-oversubscribed-wrap-retail-offer.json","category":"Mining","categories":["Mining"],"tags":["Ayub Bodi","canada","Canadian","Coco East","Danesh Varma","Enable","FCM","First Class Metals","Hemlo","James Knowles","Jason Robertson","Magical","Marc Bamber","Marc Sale","McKellar","Mr. Stefan Müller","North Hemlo","Ontario","Palladium One","PDM","Schreiber","Share Talk","Sugar Cube"],"featured_image":"https://i0.wp.com/www.share-talk.com/wp-content/uploads/2026/03/FCM_with_title_3-1.webp?fit=1200%2C675&quality=80&ssl=1","format":"news","language":"en-GB","content":"**First Class Metals PLC** has confirmed the results of its retail fundraising, with strong investor demand leading to an upsized raise.\n\nThe company secured **£400,000 through its WRAP retail offer**, which was **multiple times oversubscribed**, highlighting solid backing from its retail shareholder base. Shares were issued at **1.52p**, resulting in the creation of **26,315,789 new ordinary shares**.\n\nAdmission of the new shares to trading on the **London Stock Exchange** is expected on or around **31 March 2026**.\n\nFollowing admission, the company will have a total of **367,949,472 ordinary shares in issue**, each carrying one voting right, with no shares held in treasury.\n\nThe newly issued shares will rank **pari passu** with existing shares, meaning they carry the same rights and entitlements.\n\nFor Further Information:\n\n|   |   |\n| --- | --- |\n| First Class Metals plc | [JamesK@Firstclassmetalsplc.com](mailto:JamesK@Firstclassmetalsplc.com) 07488 362641 |\n| James Knowles, Executive Chair |  |\n| Marc J Sale, CEO | [MarcS@Firstclassmetalsplc.com](mailto:MarcS@Firstclassmetalsplc.com) 07711 093532 |"}