DFS Performance Shares - Replacement

07 January 2026

This is a replacement to RNS 1504N dated 30 December 2025. The date of admission has changed to 12 January 2026 and the total voting rights is now 477,295,645 following admission of the DFS Performance Shares.

 

Blencowe Resources Plc

(“Blencowe” or the “Company”)

 

Issue of DFS Performance Shares

 

Blencowe Resources Plc (LSE: BRES) announces that it has issued 12,000,000 DFS Performance Shares.

The DFS Performance Options have now vested following the completion and publication of the company’s Definitive feasibility Study on 1 December 2025. Accordingly, the Company is now required to issue 12,000,000 new ordinary shares as set out below (the “DFS Performance Shares”).

Each holder of the DFS Performance Shares has agreed to a lock up for a period of 12 months from Admission.

Director

DFS Performance shares issued

Current holdings

Holdings on Admission

Holdings % of Enlarged Share Capital

Cameron Pearce

3,000,000

13,016,667

16,016,667

3.4%

Mike Ralston

3,000,000

10,891,666

13,891,666

2.9%

Iain Wearing

3,000,000

10,461,666

13,461,666

2.8%

Lionshead Consultants Ltd *

2,250,000

7,833,334

10,083,334

2.1%

Alex Passmore

750,000

2,816,667

3,566,667

0.7%

* beneficially owned by Sam Quinn

Admission and Total Voting Rights

An application has been made for 12,000,000 Ordinary Shares to be admitted to trading on the Equity (Transition) category of the official list and the main market of the London Stock Exchange from 8.00 a.m. on 12 January 2026 (“Admission”).

In accordance with the FCA’s Disclosure Guidance and Transparency Rules, the Company confirms that following Admission, the Company’s enlarged issued ordinary share capital will comprise 477,295,645 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.

 

 Blencowe Resources Plc

 Sam Quinn

 

www.blencoweresourcesplc.com

Tel: +44 (0)1624 681 250

[email protected]

Investor Relations

Sasha Sethi

Tel: +44 (0) 7891 677 441

[email protected]

Tavira Financial

Jonathan Evans

Tel: +44 (0)20 3192 1733

[email protected]

OAK Securities (a trading name of Merlin Partners LLP)

 

Calvin Man /Mungo Sheehan / Jerry Keen

Tel: +44 (0)20 3973 3678