Director Subscription

In brief · summary, not quotable

CleanTech Lithium PLC announced that Non-Executive Chairman Steve Kesler subscribed for 4,604,550 new Ordinary Shares at 6 pence per share, totaling £276,273, to settle accrued director's fees. This subscription, which is subject to shareholder approval at the General Meeting on July 1, 2026, also includes a warrant entitlement of one warrant for every two shares subscribed, with each warrant allowing the holder to subscribe for a new Ordinary Share at 9 pence.

Full announcement

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CleanTech Lithium PLC (AIM: CTL, Frankfurt:T2N), an exploration and development company advancing sustainable lithium projects in Chile, announces that Steve Kesler, Non-Executive Chairman, has subscribed for 4,604,550 new Ordinary Shares in the Company (the "Subscription Shares") at a price of 6 pence per share.

As set out in "the Fundraising and Conversion of Loan Notes" announcement published on 4 June 2026 ("Launch Announcement"), Steve Kesler confirmed his intention to subscribe for the Subscription Shares to settle accrued director's fees owed to him by the Company. Following the announcement of the Company's financial results for the year ended 31 December 2025, the Company is no longer in a closed period, and Steve Kesler is now permitted to subscribe for the Subscription Shares. On the same basis as the Fundraising, the Subscription Shares carry a warrant entitlement of one Warrant for every two Subscription Shares subscribed for. Each Warrant grants the holder the right to subscribe for one new Ordinary Share at a price of 9 pence per share.

The Subscription as well as the grant of Warrants remains subject to the Resolutions being passed at the General Meeting to be held on 1 July 2026.

Notes

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