Result of WRAP Retail Offer
Richmond Hill Resources Plc announced the successful completion of its WRAP Retail Offer, raising gross proceeds of £39,000 through the issuance of 1,505,298 new ordinary shares at 2.6 pence per share. Combined with the £600,000 raised from a placing, the company has secured total gross proceeds of approximately £639,000. These new shares are expected to be admitted to trading on AIM around February 11, 2026, and will rank pari passu with existing ordinary shares. Following admission, the company's issued share capital will consist of 658,843,247 ordinary shares.
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Richmond Hill Resources is pleased to announce that further to the announcement on 28 January 2026, the WRAP Retail Offer has raised gross proceeds of £39,000, through the issue of 1,505,298 new ordinary shares of 0.1 pence each (“Ordinary Shares”) at a price of 2.6 pence per share (the “WRAP Retail Offer Shares”). With the proceeds of the Placing of £600,000, in aggregate the Company has therefore raised gross proceeds of approximately £639,000 at a price of 2.6 pence per new Ordinary Share.
Admission and Total Voting Rights
Application has been made for the WRAP Retail Offer Shares to be admitted to trading on AIM ("Admission"). Admission is expected to become effective and dealings in the WRAP Retail Offer Shares is expected to commence on or around 11 February 2026.
For the purposes of the Disclosure and Transparency Rules, following Admission, the Company's issued share capital will comprise 658,843,247 Ordinary Shares of 0.1 pence each. This figure may be used by shareholders as the denominator for calculations to determine if they are required to notify their interest in, or a change to their interest in, the Company under the Disclosure and Transparency Rules.
The new Ordinary Shares to be issued pursuant to the WRAP Retail Offer will be issued free of all liens, charges and encumbrances and will, on Admission, rank
pari passu
in all respects with the Company's existing Ordinary Shares.
Capitalised terms used in this announcement shall, unless otherwise defined, have the same meanings as set out in the Company's announcement on 28 January 2026.
| Richmond Hill Resources Hamish Harris | +44 (0) 7879 58 4153 |
| Clear Capital Markets Limited (Broker) Bob Roberts | +44 (0) 20 3869 6080 |
| Winterflood Retail Access Platform Sophia Bechev, Kaitlan Billings | WRAP@winterflood.com +44(0) 20 3100 0214 |
| Cairn Financial Advisers LLP (Nominated Adviser) Ludovico Lazzaretti / James Western | +44 (0) 20 7213 0880 |
United States
” or “
US
This announcement is not an offer of securities for sale into the United States.
No public offering of securities is being made in the United States.
Winterflood
Cairn Financial Advisers LLP (“
Cairn
”), which is authorised and regulated by the FCA in the United Kingdom, is acting as Nominated Adviser to the Company. Cairn has not authorised the contents of, or any part of, this announcement, and no liability whatsoever is accepted by Cairn for the accuracy of any information or opinions contained in this announcement or for the omission of any material information. The responsibilities of Cairn as the Company's Nominated Adviser under the AIM Rules for Companies and the AIM Rules for Nominated Advisers are owed solely to London Stock Exchange plc and are not owed to the Company or to any director or shareholder of the Company or any other person, in respect of its decision to acquire shares in the capital of the Company in reliance on any part of this announcement, or otherwise.
Clear Capital Markets Limited (“
Clear Capital
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.