Ecora Resources PLC Announces FCA Approval of Transfer of Listings Category
Ecora Resources announces FCA approval to transfer its listing from the Equity Shares (Transition) Category to the Equity Shares (Commercial Companies) Category of the Official List. The transfer is effective October 30, 2024, at 8:00 a.m. The company's existing listings on the Toronto Stock Exchange (ECOR) and OTCQX Best Market (ECRAF) remain unaffected by this change. Ecora is a royalty company focused on commodities essential for sustainable future, with plans to be materially coal-free by 2026 and have over 90% exposure to sustainability-supporting commodities.
Ecora Resources annuncia l'approvazione FCA per il trasferimento della sua quotazione dalla categoria Azioni di Equity (Transizione) alla categoria Azioni di Equity (Società Commerciali) della Lista Ufficiale. Il trasferimento avrà effetto il 30 ottobre 2024, alle 8:00. Le quotazioni esistenti della società sulla Borsa di Toronto (ECOR) e sul mercato OTCQX Best Market (ECRAF) rimangono inalterate da questo cambiamento. Ecora è un'azienda di royalty focalizzata su materie prime essenziali per un futuro sostenibile, con l'intenzione di essere sostanzialmente priva di carbone entro il 2026 e avere oltre il 90% di esposizione a materie prime che supportano la sostenibilità.
Ecora Resources anuncia la aprobación de la FCA para transferir su listado de la categoría Acciones de Capital (Transición) a la categoría Acciones de Capital (Empresas Comerciales) de la Lista Oficial. La transferencia será efectiva el 30 de octubre de 2024, a las 8:00 a.m. Las cotizaciones existentes de la empresa en la Bolsa de Valores de Toronto (ECOR) y en el Mercado OTCQX Best Market (ECRAF) permanecen sin cambios por este cambio. Ecora es una empresa de regalías enfocada en materias primas esenciales para un futuro sostenible, con planes de estar materialmente libre de carbón para 2026 y tener más del 90% de exposición a materias primas que apoyan la sostenibilidad.
Ecora Resources는 FCA의 승인을 발표하여 공식 목록의 자본 주식(전환) 범주에서 자본 주식(상업 회사) 범주로 상장 이동을 시행합니다. 이 이동은 2024년 10월 30일 오전 8시에 발효됩니다. 토론토 증권 거래소(ECOR) 및 OTCQX Best Market(ECRAF)에서의 회사의 기존 상장은 이 변경으로 영향을 받지 않습니다. Ecora는 지속 가능한 미래에 필수적인 원자재에 집중하는 로열티 회사로, 2026년까지 실질적으로 석탄이 없는 상태가 되고, 90% 이상을 지속 가능한 원자재에 노출될 계획입니다.
Ecora Resources annonce l'approbation de la FCA pour le transfert de son inscription de la catégorie Actions de Capital (Transition) à la catégorie Actions de Capital (Sociétés Commerciales) de la Liste Officielle. Le transfert prendra effet le 30 octobre 2024, à 8h00. Les listes existantes de la société à la Bourse de Toronto (ECOR) et sur le marché OTCQX Best Market (ECRAF) ne sont pas affectées par ce changement. Ecora est une société de redevances axée sur des matières premières essentielles à un avenir durable, avec des projets d'être essentiellement dépourvue de charbon d'ici 2026 et d'avoir plus de 90 % d'exposition à des matières premières soutenant la durabilité.
Ecora Resources gibt die Genehmigung der FCA bekannt, die ihre Listung von der Kategorie Aktien (Übergang) in die Kategorie Aktien (Handelsgesellschaften) der offiziellen Liste übertragen hat. Die Übertragung tritt am 30. Oktober 2024 um 8:00 Uhr in Kraft. Die bestehenden Listings des Unternehmens an der Toronto Stock Exchange (ECOR) und am OTCQX Best Market (ECRAF) sind von dieser Änderung nicht betroffen. Ecora ist ein Roaylties-Unternehmen, das sich auf für eine nachhaltige Zukunft wesentliche Rohstoffe konzentriert, mit dem Ziel, bis 2026 nahezu kohlenstofffrei zu sein und eine über 90%ige Exposition gegenüber nachhaltigkeitsunterstützenden Rohstoffen zu haben.
- Successful listing category upgrade on FCA Official List
- Strategic transition from coal to sustainable commodities by 2026
- Planned portfolio composition of 90%+ sustainable future commodities
- None.
Transfer of listing from the Equity Shares (Transition) Category to the Equity Shares (Commercial Companies) Category of the Official List of the FCA
LONDON, UNITED KINGDOM / ACCESSWIRE / October 30, 2024 / Further to its announcement of 2 October 2024, Ecora (LSE:ECOR)(TSX:ECOR), a leading royalty company focused on supporting the supply of industrial commodities essential to creating a sustainable future, announces the approval by the Financial Conduct Authority (the "FCA") of the transfer of the listing category of all of its ordinary shares from the Equity Shares (Transition) category of the Official List of the FCA ("Official List") to the Equity Shares (Commercial Companies) category of the Official List in accordance with Rule 21.5, as modified by UKLR Transitional Provision 2 of the UK Listing Rules issued by the FCA (the "Transfer").
The Transfer is expected to take effect at 8.00 a.m. today.
Additional listings unaffected
The Group's existing listing of the Ordinary Shares on the Toronto Stock Exchange (ECOR) and admission to trading on the OTCQX Best Market (OTCQX: ECRAF) will be unaffected by the Transfer.
For further information:
Ecora Resources PLC Geoff Callow - Head of Investor Relations | +44 (0) 20 3435 7400 |
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Berenberg - Sponsor and Corporate Broker Jenny Lee / Alex Wright / Natasha Ninkov | +44 (0) 20 3753 3040 |
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FTI Consulting Sara Powell / Ben Brewerton / Nick Hennis | +44(0) 20 3727 1000 |
About Ecora Resources
Ecora Resources is a leading royalty company focused on supporting the supply of commodities essential to creating a sustainable future.
Our vision is to be globally recognised as the royalty company of choice synonymous with commodities that support a sustainable future by continuing to grow and diversify our royalty portfolio in line with our strategy. We will achieve this through building a diversified portfolio of scale over high quality assets that drives low volatility earnings growth and shareholder returns.
The mining sector has an essential role to play in the energy transition, with commodities such as copper, nickel and cobalt - key materials for manufacturing batteries and electric vehicles. Copper also plays a critical role in our electricity grids. All these commodities are mined and there are not enough mines in operation today to supply the volume required to achieve the energy transition.
Our strategy is to acquire royalties and streams over low-cost operations and projects with strong management teams, in well-established mining jurisdictions. Our portfolio has been reweighted to provide material exposure to this commodity basket and we have successfully transitioned from a coal orientated royalty business in 2014 to one that by 2026 will be materially coal free and comprised of over
Ecora's shares are listed on the London and Toronto Stock Exchanges (ECOR) and trade on the OTCQX Best Market (OTCQX: ECRAF).
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
SOURCE: Ecora Resources PLC
View the original press release on accesswire.com
FAQ
When will Ecora Resources (ECRAF) transfer to the Commercial Companies category on the FCA Official List?
Will Ecora Resources' (ECRAF) listing transfer affect its Toronto Stock Exchange and OTCQX listings?
What is Ecora Resources' (ECRAF) target for sustainable commodities exposure by 2026?
