Business
Result of increased WRAP Offer, Amended GM & TVR
Europa Oil & Gas (Holdings) PLC has successfully raised £641,176.89 through its WRAP Retail Offer, which was oversubscribed and will result in the issuance of 53,431,408 new Ordinary Shares and up to 13,357,852 warrants at 1.2 pence per share. This offer, along with a separate placing that raised approximately £3.5 million, will lead to the admission of 345,098,408 new Ordinary Shares to trading on AIM around March 5, 2026, bringing the total voting rights to 1,316,139,215. A General Meeting is scheduled for March 3, 2026, to approve the WRAP Retail Offer shares. Disclaimer*
About this update from Europa Oil & Gas (holdings) Plc
[{"type":"text","content":"\n\nNOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO OR WITHIN THE UNITED STATES, AUSTRALIA, NEW ZEALAND, CANADA, SOUTH AFRICA OR JAPAN, OR ANY MEMBER STATE OF THE EEA, OR ANY OTHER JURISDICTION WHERE, OR TO ANY OTHER PERSON TO WHOM, TO DO SO MIGHT CONSTITUTE A VIOLATION OR BREACH OF ANY APPLICABLE LAW OR REGULATION. PLEASE SEE THE IMPORTANT NOTICE AT THE END OF THIS ANNOUNCEMENT.\n \nTHIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES OF ARTICLE 7 OF THE MARKET ABUSE REGULATION (EU) 596/2014 WHICH FORMS PART OF THE LAWS OF ENGLAND AND WALES PURSUANT TO THE EUROPEAN UNION (WITHDRAWAL) ACT 2018 (\"UK MAR\"). UPON PUBLICATION OF THIS ANNOUNCEMENT THIS INSIDE INFORMATION IS NOW CONSIDERED TO BE WITHIN THE PUBLIC DOMAIN.\n \n12 February 2026\n \nEuropa Oil & Gas (holdings) PLC\n(\"Europa\" or the \"Company\")\n \nResult of increased WRAP Retail Offer,\nAmendment to General Meeting\n& Total Voting Rights\n \nEuropa Oil & Gas (Holdings) plc, (AIM: EOG) the AIM quoted West Africa, UK and Ireland focused oil and gas exploration, development and production company, is pleased to confirm the result of the WRAP retail offer.\n \nThe WRAP Retail offer, at a price of 1.2 pence per share, with accompanying 1 for 4 warrants, was only offered to existing shareholders of the Company yet was still multiple times oversubscribed, demonstrating strong support from Europa's retail shareholder base. As a result, in accordance with the terms of the WRAP Retail Offer, the Company has decided to increase the size of the WRAP Retail Offer to partially accommodate some of this excess demand. Despite this increase, applications still substantially exceeded the available allocation and, accordingly, were scaled back. In determining the amount of scale back, the Company sought to avoid overall dilution of existing shareholders who participated in the WRAP Retail Offer.\n \nThe Company has raised aggregate gross proceeds of £641,176.89 pursuant to the WRAP Retail Offer. Accordingly, the Company will issue a total of 53,431,408 new Ordinary Shares at the Issue Price and up to 13,357,852 warrants pursuant to the WRAP Retail Offer.\n \nThe issue of the WRAP Retail Offer Shares is conditional, inter alia, on shareholder approval at a General Meeting ...