Exercise of Warrants
Georgina Energy PLC has announced the exercise of 2,222,220 broker warrants at £0.027 and 13,518,500 investor warrants at £0.05, raising approximately £736,000 in gross proceeds for work programmes and general working capital. The company will seek admission of 15,740,720 new ordinary shares to trading on 2 June 2026. Following admission, the enlarged share capital will consist of 187,711,707 Ordinary Shares, which shareholders can use as a denominator for disclosure notifications.
Select text to share a quote on X · sign in to keep highlights & notes in your GEX notes
The Company has received notice to exercise 2,222,220 broker warrants at £0.027 and 13,518,500 investor warrants at £0.05 which were issued as part of the fundraising announced on 1 May 2026. The gross proceeds of approximately £736,000 will be dedicated to our work programmes and general working capital.
Admission and Total Voting Rights
The Company will seek admission of an aggregate of 15,740,720 new ordinary shares of 1 pence par value to trading on the Equity (transition) category of the Official List and the London Stock Exchange from 8.00 a.m. on 2 June 2026 ("Admission").
In accordance with the FCA's Disclosure Guidance and Transparency Rules, the Company confirms that following Admission, the Company's enlarged share capital will comprise 187,711,707 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.
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.