Share Capital

Securities in Issue    Number
 Number of ordinary shares in issue  272,579,692
      Adriatic does not hold any shares in Treasury.  
Unlisted Options   5,212,480
Unlisted Performance Rights     1,148,012
Warrants     2,651,020
Convertible debentures*     9,452,387
Fully diluted share capital  291,043,591

*Based on an exchange rate of 1USD : 1.3222 AUD

The above figure of 277,579,692 may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in or of a change to their interest in Adriatic under the FCA's Disclosure and Transparency Rules.

Securities not in Public Hands
The percentage of the Company's shares not in public hands is 32.02%
Major Shareholders holding more than 3% of issued share capital Percentage
Helikon Investments 16.0%
Founders, Board & Management 14.7%
Orion Resource Partners 9.1%
Fidelity 4.6%
Fidelity 4.8%
Datt Capital  3.0%
Old West Investment 2.5%
Global X 2.4%
European Bank for Reconstruction & Development 2.0%

Last updated 31 October 2022