Shuka Minerals PlcLSE: SKA

Holding(s) in Company

· Issued by Shuka Minerals Plc

TR-1: Standard form for notification of major holdings

1. Issuer Details

ISIN

GB00BN47NP32

Issuer Name

SHUKA MINERALS PLC

UK or Non-UK Issuer

UK

2. Reason for Notification

An acquisition or disposal of voting rights; An event changing the breakdown of voting rights

3. Details of person subject to the notification obligation

Name

RAB Capital Holdings Limited

City of registered office (if applicable)

Brentwood

Country of registered office (if applicable)

United Kingdom

Name

City of registered office

Country of registered office

RAB Special Situations (Master) Fund Ltd

George Town

Cayman Islands

William Philip Richards

St Brelade

Jersey

Eagles Trust Ltd

St Helier

Jersey

4. Details of the shareholder

Name

City of registered office

Country of registered office

Pershing Nominees Limited

London

United Kingdom

5. Date on which the threshold was crossed or reached

19-Jan-2026

6. Date on which Issuer notified

23-Jan-2026

7. Total positions of person(s) subject to the notification obligation

% of voting rights attached to shares (total of 8.A)

% of voting rights through financial instruments (total of 8.B 1 + 8.B 2)

Total of both in % (8.A + 8.B)

Total number of voting rights held in issuer

Resulting situation on the date on which threshold was crossed or reached

4.900000

0.000000

4.900000

5900000

Position of previous notification (if applicable)

12.570000

0.000000

12.570000

1400000

8. Notified details of the resulting situation on the date on which the threshold was crossed or reached

8A. Voting rights attached to shares

Class/Type of shares ISIN code(if possible)

Number of direct voting rights (DTR5.1)

Number of indirect voting rights (DTR5.2.1)

% of direct voting rights (DTR5.1)

% of indirect voting rights (DTR5.2.1)

GB00BN47NP32

5900000

4.900000

Sub Total 8.A

5900000

4.900000%

8B1. Financial Instruments according to (DTR5.3.1R.(1) (a))

Type of financial instrument

Expiration date

Exercise/conversion period

Number of voting rights that may be acquired if the instrument is exercised/converted

% of voting rights

Sub Total 8.B1

8B2. Financial Instruments with similar economic effect according to (DTR5.3.1R.(1) (b))

Type of financial instrument

Expiration date

Exercise/conversion period

Physical or cash settlement

Number of voting rights

% of voting rights

Sub Total 8.B2

9. Information in relation to the person subject to the notification obligation

2. Full chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held starting with the ultimate controlling natural person or legal entities (please add additional rows as necessary)

Ultimate controlling person

Name of controlled undertaking

% of voting rights if it equals or is higher than the notifiable threshold

% of voting rights through financial instruments if it equals or is higher than the notifiable threshold

Total of both if it equals or is higher than the notifiable threshold

William Philip Richards

RAB Special Situations (Master) Fund Limited

William Philip Richards

Eagles Trust Limited

William Philip Richards

William Philip Richards

10. In case of proxy voting

Name of the proxy holder

The number and % of voting rights held

The date until which the voting rights will be held

11. Additional Information

12. Date of Completion

23/01/2026

13. Place Of Completion

London