Result of General Meeting, PDMR Dealings & TVR
RC Fornax plc announced that all resolutions passed at its General Meeting, paving the way for directors and persons discharging managerial responsibilities to subscribe for 2,279,999 new shares at 6 pence each. Paul Reeves subscribed for 1,200,000 shares, increasing his holding to 23,354,846 shares representing 24.34% of the enlarged share capital. Application has been made for 38,697,131 new shares to be admitted to trading on AIM on or around 8 December 2025, bringing the total voting rights to 95,942,718.
Select text to share a quote on X · sign in to keep highlights & notes in your RCFX notes
RC Fornax (AIM:RCFX), the UK-based consultancy delivering outcome-based engineering solutions to the defence sector's most critical platforms - accredited, in-demand, and built to scale, is pleased to announce that all the proposed resolutions tabled at the Company's General Meeting held earlier today were duly passed. Voting results of the General Meeting can be found on the Company's website.
Further to the Company's announcement of 14 November 2025 and the passing at the General Meeting, the following Directors/PDMR have subscribed for a total of 2,279,999 New Shares at the Issue Price of 6 pence.
| Paul Reeves | 1,200,000 | 23,354,846 | 24.34% |
| Rob Shepherd | 250,000 | 343,000 | 0.36% |
| Nigel Harper | 666,666 | 666,666 | 0.69% |
| Mark Fahy | 163,333 | 355,352 | 0.37% |
The Notification of Dealing Form set out in the appendix is provided in accordance with the requirements of the EU Market Abuse Regulation, as it forms part of UK law.
Admission and Total Voting Rights
Application has been made to the London Stock Exchange for the 38,697,131 New Shares to be admitted to trading on AIM. It is expected that Admission will become effective, and that dealings in the New Shares will commence on AIM, at 8.00 a.m. on or around 8 December 2025.
The Enlarged Share Capital, as increased by the New Shares, immediately following Admission will be 95,942,718, with no Ordinary Shares in treasury. Therefore, the total number of voting rights will also be 95,942,718. This figure may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the share capital of the Company under the FCA's Disclosure Guidance and Transparency Rules.
Capitalised terms not otherwise defined in the text of this announcement have the meanings given in the Circular published on 18 November 2025.
| X: | @RFornax | |
| LinkedIn: | RC Fornax | |
| 1. | Details of the person discharging managerial responsibilities/person closely associated | |
| a) | Name: | a) Paul Reeves b) Rob Shepherd c) Nigel Harper d) Mark Fahy |
| 2. | Reason for the notification | |
| a) | Position/status: | a) Chief Executive Officer (Director) b) Chief Financial Officer (Director) c) Head of Sales (PDMR) d) Non-Executive Chairman (Director) |
| b) | Initial notification/Amendment: | Initial notification |
| a) | Name: | RC Fornax plc |
| b) | LEI: | 984500B7385AD7A5EA42 |
| a) | Description of the financial instrument, type of instrument: Identification code: | Ordinary shares of £0.0025 each ("Ordinary Shares") ISIN for Ordinary Shares: GB00BTTQ2F04 |
| b) | Nature of the transaction: | Purchase of new Ordinary Shares |
| c) | Price(s) and volume(s): | Price(s) Volume(s) a) 6p 1,200,000 b) 6p 250,000 c) 6p 666,666 d) 6p 163,333 |
| d) | Aggregated information: · Aggregated volume: · Price: | n/a, each a single transaction |
| e) | Date of the transaction: | 5 December 2025 |
| f) | Place of the transaction: | Outside a trading venue |
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.