Business
Investment Reorganisation, Issue of Equity an...
ADM Energy PLC has reorganised its investment in the JKT group, increasing its economic interest and operational control over the reclamation business in Wilson, Oklahoma. The company has acquired 100 per cent of JKT Technologies for US$808,000, satisfied by US$400,000 in new ordinary shares issued at 0.1 pence each, US$180,000 funded from a financing agreement, and US$228,000 through assumed liabilities. This transaction removes over US$1 million in legacy liabilities and increases ADM's effective economic exposure to the JKT operations from approximately 41.4 per cent to 80 per cent during an initial payout period, before reverting to 60 per cent. The company's total issued share capital will be 2,085,473,440 ordinary shares following the admission of the new shares to AIM on or around 12 February 2026. Disclaimer*
About this update from Adm Energy Plc
[{"type":"text","content":"\n\n \n \n \n \n \n \n \n \n \n \n \n \n 30 January 2026\n \n \n \n \n \n \n \n \n \n \n \n ADM Energy PLC\n \n \n \n \n \n \n \n \n \n \n \n \n (\"ADM\" or the \"Company\")\n \n \n \n \n \n \n \n \n \n \n \n \n Investment Reorganisation\n \n \n \n \n \n \n \n \n \n \n \n \n Increased Economic Interest in Reclamation Operations\n \n \n \n \n \n \n \n \n \n \n \n \n Issue of Equity and Admission\n \n \n \n \n \n \n \n \n \n \n \n \n ADM Energy PLC (AIM: ADME; BER and FSE: P4JC), a natural resource investing company, provides an update on a reorganisation of its interests in the JKT group of companies (“JKT Group”) resulting in an increase in its economic interest and operational control over the reclamation business located in Wilson, Oklahoma, following the announcement in respect of the financing agreement released on 30 January 2026 (“Financing Agreement”).\n \n \n \n \n \n \n \n \n \n \n \n \n \n Background and Strategic Rationale\n \n \n \n \n \n \n \n \n \n \n \n \n \n In January 2024, the Company made an investment in SW Oklahoma Reclamation, LLC (“SWOK”), a company which at the time owned 60 per cent. of JKT Reclamation, LLC (“JKT Reclamation”), an oil reclamation business with a 20-acre processing facility in Wilson, Oklahoma. The site has a track record of processing approximately 1,750 barrels of oil a month in recent months. On 2 October 2025, the Company announced that JKT Reclamation had entered into a future\n \n \n funded swap agreement\n \n \n with a large privately held US corporation for the forward sale of 1,200 barrels of oil a month. \n \n \n \n \n \n \n \n \n \n \n \n \n The Board of the Company has been evaluating its economic interest in the reclamation facility and since its first investment in January 2024 has increased this interest from 30.6 per cent. to 41.4 per cent.\n \n \n \n \n \n \n \n \n \n \n \n \n Prior to the transaction described below, the Company held its investment in the JKT Group through ADM Energy USA, Inc. (“ADM USA”), a wholly owned subsidiary of ADM, which in turn held an indirect interest in JKT Reclamation, LLC through its interest in SW Oklahoma Reclamation, LLC. Through this structure, ADM held an indirect economic interest of approximately 41.4 per cent. in the JKT operations.\n \n \n \n \n \n \n \n \n \n \n \n \n Following review of the existing ownership st...