Business
Notice of GM and Posting of Circular
Europa Oil & Gas (Holdings) plc has adjourned its General Meeting scheduled for February 27, 2026, and announced a new meeting for March 3, 2026, to approve an increased WRAP Retail Offer of approximately £641,177, up from £350,000, due to significant oversubscription and to mitigate dilution for existing shareholders. The company is also seeking approval for a conditional placing of approximately £3.5 million, along with the issuance of Fundraising Warrants and Broker Warrants. Disclaimer*
About this update from Europa Oil & Gas (holdings) Plc
[{"type":"text","content":"\n\nEuropa Oil & Gas (Holdings) plc / Index: AIM / Epic: EOG / Sector: Oil & Gas\n \n \n12 February 2026\nEuropa Oil & Gas (Holdings) plc\n('Europa' or the 'Company')\n \nNotice of Adjournment sine die of the General Meeting called for 27 February 2026\n& Notice of General Meeting to be held 3 March 2026 and Posting of Circular\n \n \nNotice is hereby given that the General Meeting of the Company scheduled for 11:00 a.m. on 27 February 2026 is adjourned sine die (indefinitely).\nNotice is given that a new General Meeting will be held at 11:00 a.m. (U.K. time) on 3 March 2026 at the offices of Tennyson Securities, Second Floor, 26 Caxton Street, London, SW1 0RJ. All shareholders are invited to participate in the poll.\nAs notified earlier today, the Company was pleased to announce that the WRAP Retail Offer, only offered to existing shareholders of the Company (Shareholders), was still multiple times oversubscribed, demonstrating strong support from Europa's retail shareholder base. Europa greatly values the support of its retail shareholders and considers it important that existing Shareholders are given an opportunity to minimise dilution that could be the result of the Company's fundraising activities. Seeking to avoid overall dilution of existing shareholders who participated in the WRAP Retail Offer, the Company has decided to increase the size of the WRAP Retail Offer to partially accommodate the excess demand from existing Shareholders.\nConsequently, the resolution to be proposed at the new General Meeting reflects the increased number of Ordinary Shares to be issued pursuant to the WRAP Retail Offer.\nA revised Shareholder Circular is now available on the Company's website at www.europaoil.com and will today be sent by mail to shareholders who have elected to receive a hard copy. The Shareholder Circular contains a Notice of General Meeting (\"GM\") at which the following authorities will be sought:\n· approval of the conditional Placing of approximately £3.5m;\n· approval of the WRAP Retail Offer of approximately £641,177 (previously £350,000);\n· approval of Fundraising Warrants to be issued; and\n· approval of Broker Warrants to be issued in consideration of the successful Placing.\nShareholders are encoura...