Business
Issue of DFS Performance Shares
Blencowe Resources Plc has issued 12,000,000 DFS Performance Shares following the completion of its Definitive Feasibility Study, with these shares subject to a 12-month lock-up period. Directors Cameron Pearce, Mike Ralston, and Iain Wearing each received 3,000,000 shares, Lionshead Consultants Ltd received 2,250,000 shares, and Alex Passmore received 750,000 shares, all at a price of £0.005 per share. Following admission on January 9, 2026, the company's enlarged issued ordinary share capital will be 475,670,465 shares. Disclaimer*
About this update from Blencowe Resources Plc
[{"type":"text","content":"\n\n30 December 2025 \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 9 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 475,670,465 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 Blencowe Resources Plc\nSam Quinn\n\...