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DFS Performance Shares - Replacement

Blencowe Resources Plc has issued 12,000,000 DFS Performance Shares following the completion of its Definitive Feasibility Study, with admission to the London Stock Exchange scheduled for 12 January 2026. This issuance will increase the company's total voting rights to 477,295,645. Directors and a consultant have received these shares, with a 12-month lock-up period in effect from admission. The shares were issued at a price of £0.005 each. Disclaimer*

articleBlencowe Resources PlcJanuary 7, 20263/company/blencowe-resources-plc/news/dfs-performance-shares-replacement
DFS Performance Shares  - Replacement

About this update from Blencowe Resources Plc

[{"type":"text","content":"\n\n7 January 2026  \nThis is a replacement to RNS 1504N dated 30 December 2025. The date of admission has changed to 12 January 2026 and the total voting rights is now 477,295,645 following admission of the DFS Performance Shares.\n \nBlencowe Resources Plc\n(\"Blencowe\" or the \"Company\")\n \nIssue of DFS Performance Shares\n \nBlencowe Resources Plc (LSE: BRES) announces that it has issued 12,000,000 DFS Performance Shares.\nThe DFS Performance Options have now vested following the completion and publication of the company's Definitive feasibility Study on 1 December 2025. Accordingly, the Company is now required to issue 12,000,000 new ordinary shares as set out below (the \"DFS Performance Shares\").\nEach holder of the DFS Performance Shares has agreed to a lock up for a period of 12 months from Admission.\n\n\n\n\nDirector\n\n\nDFS Performance shares issued\n\n\nCurrent holdings\n\n\nHoldings on Admission\n\n\nHoldings % of Enlarged Share Capital\n\n\n\n\nCameron Pearce\n\n\n3,000,000\n\n\n13,016,667\n\n\n16,016,667\n\n\n3.4%\n\n\n\n\nMike Ralston\n\n\n3,000,000\n\n\n10,891,666\n\n\n13,891,666\n\n\n2.9%\n\n\n\n\nIain Wearing\n\n\n3,000,000\n\n\n10,461,666\n\n\n13,461,666\n\n\n2.8%\n\n\n\n\nLionshead Consultants Ltd *\n\n\n2,250,000\n\n\n7,833,334\n\n\n10,083,334\n\n\n2.1%\n\n\n\n\nAlex Passmore\n\n\n750,000\n\n\n2,816,667\n\n\n3,566,667\n\n\n0.7%\n\n\n\n\n* beneficially owned by Sam Quinn\nAdmission and Total Voting Rights\nAn application has been made for 12,000,000 Ordinary Shares to be admitted to trading on the Equity (Transition) category of the official list and the main market of the London Stock Exchange from 8.00 a.m. on 12 January 2026 (\"Admission\").\nIn accordance with the FCA's Disclosure Guidance and Transparency Rules, the Company confirms that following Admission, the Company's enlarged issued ordinary share capital will comprise 477,295,645 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.\n \n \nFor further information please contact:\n\n\n\n\n&n...

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