Correction re. Warrant Exchange Offer
Hamak Strategy Limited has issued a correction regarding its Warrant Exchange Offer, clarifying that 192,370,375 warrants will be cancelled and exchanged for 38,474,075 new ordinary shares, an increase of 5 million shares based on the one-for-five ratio. Admission of these new shares to the London Stock Exchange is anticipated around September 11, 2026, after which the company's issued share capital will be 515,613,924 ordinary shares, with 506,538,924 voting rights.
Select text to share a quote on X · sign in to keep highlights & notes in your HAMA notes
Hamak Strategy Limited (LSE: HAMA), a Company combining advanced gold exploration in West Africa with a Digital Asset Treasury Management strategy, provides a correction in relation to its Warrant Exchange Offer.
Further to the Company's announcement on 27 August 2026 regarding the total number of warrants being exchanged for New Ordinary Shares pursuant to its Warrant Exchange Offer the Company has since been informed that the correct number of warrants to be cancelled is 192,370,375, which will be exchanged for 38,474,075 New Ordinary Shares, an increase of 5 million. This corresponds to the agreed proposed ratio of one new ordinary share in Hamak for every five Eligible Warrants validly surrendered and cancelled.
Admission of the further 5 million New Ordinary Shares to trading on the London Stock Exchange is expected to occur on or around 11 September 2026.
Following Admission, the Company's issued share capital will consist of 515,613,924 ordinary shares. The Company holds 9,075,000 ordinary shares in treasury, and therefore the number of voting rights is 506,538,924.
| AlbR Capital Limited (Corporate Broker) | +44 (0) 20 7469 0930 |
| Yellow Jersey PR Annabelle Wills | +44 (0) 20 3004 9512 |
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.