THIS ANNOUNCEMENT, INCLUDING THE INFORMATION CONTAINED HEREIN, IS RESTRICTED AND IS NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN, INTO OR FROM THE UNITED STATES, CANADA, JAPAN, AUSTRALIA, NEW ZEALAND, THE REPUBLIC OF SOUTH AFRICA, THE REPUBLIC OF IRELAND OR ANY OTHER JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OR REGULATIONS OF THAT JURISDICTION. PLEASE SEE THE IMPORTANT NOTICES AT THE END OF THIS ANNOUNCEMENT.

THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES OF THE MARKET ABUSE REGULATION (EU) 596 / 2014 WHICH FORMS PART OF UK LAW BY VIRTUE OF THE EUROPEAN UNION (WITHDRAWAL) ACT 2018 (“MAR”). IN ADDITION, MARKET SOUNDINGS (AS DEFINED IN MAR) WERE TAKEN IN RESPECT OF CERTAIN OF THE MATTERS CONTAINED IN THIS ANNOUNCEMENT, WITH THE RESULT THAT CERTAIN PERSONS BECAME AWARE OF SUCH INSIDE INFORMATION, AS PERMITTED BY MAR. UPON THE PUBLICATION OF THIS ANNOUNCEMENT, THIS INSIDE INFORMATION IS NOW CONSIDERED TO BE IN THE PUBLIC DOMAIN AND SUCH PERSONS SHALL THEREFORE CEASE TO BE IN POSSESSION OF INSIDE INFORMATION. 

 16 April 2025

Blencowe Resources plc (the “Company”)

Result of Retail Offer

The Board of Blencowe Resources plc announces that the Retail Offer launched on 15 April 2025 has now closed and has raised £86,961.87 through the issue of 2,898,729 Retail Offer Shares at a price of 3 pence each.

Admission to Trading

Application will be made for 2,898,729 Retail Offer Shares and the 33,333,334 Placing Shares resulting in an aggregate of 36,232,063 new ordinary shares to be admitted to trading on the Equity Shares (Transition) category of the official list and the main market of the London Stock Exchange from 8.00 a.m. on 24 April 2025. These new ordinary shares will rank pari passu with the Existing Ordinary Shares.

Total Voting Rights

 In accordance with the FCA’s Disclosure Guidance and Transparency Rules, the Company confirms that following Admission of the Placing Shares and Retail Offer Shares, the Company’s enlarged issued ordinary share capital will comprise 328,308,683 Ordinary Shares. The Company does not hold any Ordinary Shares in Treasury. Therefore, following Admission, the above figure may be used by shareholders in the Company as the denominator for the calculations to determine if they are required to notify their interest in, or a change to their interest in the Company, under the FCA’s Disclosure Guidance and Transparency Rules.

Unless otherwise defined, all capitalised terms used but not defined in this announcement shall have the meaning given to them in the announcement of the Placing made by the Company on 15 April 2025.