Business
Capital Structure Simplification Equity Issue
Block Energy plc is proceeding with its capital structure simplification by issuing an additional 7,275,412 new shares, which are expected to be admitted to AIM trading on or around December 23, 2025. Following this admission, the company's total issued share capital will be 1,011,647,492 ordinary shares, with the same number representing the total voting rights. This move finalizes the simplification exercise announced on November 14, 2025, and shareholders can use this total voting rights figure for regulatory notification purposes. Disclaimer*
About this update from Block Energy Plc
[{"type":"text","content":"\n\n17 December 2025\nBlock Energy plc\n(\"Block\" or the \"Company\")\nCapital Structure Simplification - Final equity issue\n \nBlock Energy plc, the development and production company focused on Georgia, announces that following the passing of the Resolutions at the Company's General Meeting, it is now in the position to complete the simplification of its capital structure (\"Simplification Exercise\") as set out in the RNS dated 14 November 2025.\nIssue of Equity\nApplication will be made for the admission to trading on AIM (\"Admission\") for the remaining 7,275,412 new Shares, which had been subject to shareholders' approval at the General Meeting. \nThe new Shares will rank pari passu in all respects with the existing Shares of the Company. Admission is expected at 8.00 a.m. on or around 23 December 2025.\nTotal Voting Rights\nFollowing Admission, the Company's issued share capital will comprise 1,011,647,492 ordinary shares with one voting right each. As the Company does not hold any shares in Treasury, the total number of voting rights in the Company is also 1,011,647,492 and this figure of ordinary shares 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.\n**ENDS**\nTHIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION AS STIPULATED UNDER THE UK VERSION OF THE MARKET ABUSE REGULATION NO 596/2014 WHICH IS PART OF ENGLISH LAW BY VIRTUE OF THE EUROPEAN (WITHDRAWAL) ACT 2018, AS AMENDED. ON PUBLICATION OF THIS ANNOUNCEMENT VIA A REGULATORY INFORMATION SERVICE, THIS INFORMATION IS CONSIDERED TO BE IN THE PUBLIC DOMAIN.\nFor further information please visit http://www.blockenergy.co.uk/ or contact:\n\n\n\n\nPaul Haywood\n(Chief Executive Officer)\n\n\nBlock Energy plc\n\n\nTel: +44 (0)20 3468 9891\n\n\n\n\nNeil Baldwin\n(Nominated Adviser)\n\n\nSpark Advisory Partners Limited\n\n\nTel: +44 (0)20 3368 3554\n\n\n\n\nPeter Krens\n(Corporate Broker)\n\n\nTennyson Securities\n\n\nTel: +44 (0)20 7186 9030\n\n\n\n\nMark Antelme\nPhilip Dennis\n(Financial PR Adviser)\n\n\nCelicourt Communications\n\n\nTel: +44 (0)20 8434 2643\n\n\n\n\n \nNotes to editors\nBlock Energy plc is an AIM...