Block Admission

In brief · summary, not quotable

Capricorn Energy PLC has applied for a block admission of 5,316,739 ordinary shares to the London Stock Exchange, expected to be effective on July 23, 2026, to satisfy employee share plan exercises and awards. Of these, 845,313 shares will be allotted to the employee benefit trust to meet vesting awards under the Long Term Incentive Plan (2017) due on July 28, 2026. Following this allotment, the company's total issued ordinary share capital and voting rights will be 71,403,652 ordinary shares, which shareholders can use as a denominator for regulatory notification calculations.

Full announcement

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Capricorn Energy PLC announces that application has been made to the London Stock Exchange for a block admission of 5,316,739 ordinary shares of 799/122 pence each (the "Block Admission Shares").

The Block Admission Shares will be used to satisfy the exercise of options and vesting of awards pursuant to the Company's employee share plans.

Admission of the Block Admission Shares to trading on the Main Market of the London Stock Exchange is expected to become effective on 23 July 2026.

Of the Block Admission Shares, 845,313 ordinary shares are expected to be allotted to the trustee of the Company's employee benefit trust on 23 July 2026 in order to satisfy the vesting of awards under the Company's Long Term Incentive Plan (2017) due to vest on 28 July 2026.

The balance of the Block Admission Shares may be allotted to the trustee of the employee benefit trust in due course to satisfy future exercises of options and vesting of awards pursuant to the Company's employee share plans.

Total Voting Rights

Following the allotment of the 845,313 ordinary shares referred to above, the Company's issued ordinary share capital and total voting rights will comprise 71,403,652 ordinary shares.

The Company does not hold any ordinary shares in treasury. Accordingly, the figure of 71,403,652 may be used by shareholders as the denominator for the calculations by which they determine whether 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.

Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.