Business
Non-Executive Director Share Purchase
Neo Energy Metals plc announced that non-executive director Sajjad Sabur purchased a total of 1,762,372 ordinary shares on the open market on May 15 and May 18, 2026, at prices of 1.0125 pence and 1.02 pence per share, respectively. Following these transactions, Mr. Sabur now holds 2,192,372 shares, representing 0.1% of the company's issued share capital. This director's investment signals confidence in the company's uranium and gold development projects in South Africa, which collectively hold 31.5 million pounds of uranium and 1.2 million ounces of gold resources. Disclaimer*
About this update from Neo Energy Metals Plc
Neo Energy Metals plc ("Neo Energy" or the "Company") Non-Executive Director Share Purchase Neo Energy Metals plc (LSE: NEO; A2X: NEO), the uranium and gold development company focused on South Africa, announces that the Company was notified on 19 May 2026 that, Sajjad Sabur, one of the Company's non-executive directors, has purchased 982,349 Neo Energy ordinary shares of £0.0001 each ("Shares") at a purchase price of 1.0125 pence per Share and 780,023 Shares at a purchase price of 1.02 pence per Share. The Shares were purchased on the open market on 15 May 2026 and 18 May 2026 respectively. Following these purchases, Sajjad Sabur holds 2,192,372 shares in the Company, representing 0.1% of the Company's issued share capital. ENDS About Neo Energy Metals plc Neo Energy Metals plc is a uranium and gold company listed on the London Stock Exchange Main Market (LSE: NEO) and the A2X Markets (A2X: NEO), with a JSE Main Board listing targeted for 2026. The Company has secured two uranium projects in South Africa with a combined JORC- and SAMREC-compliant resource of 31.5 million pounds ("Mlb") of uranium and 1.2 million ounces ("Moz") of gold. New Beisa Node - Free State Goldfields The New Beisa Uranium/Gold Project, to be known as the New Beisa Node, is a brownfields uranium and gold development located on the Beatrix 4 shaft property near Virginia in the Free State Goldfields, one of the highest-grade uranium-bearing regions in the world. The project is being acquired from Sibanye-Stillwater, which operated the Beatrix 4 shaft complex until 2022 and will have a significant shareholding in Neo Energy. The asset carries more than US$500 million in historical capital investment and benefits from existing surface infrastructure including a headgear and winding systems, a gold processing plant with 120,000 tonne-per-month milling capacity, primary ventilation, a tailings storage facility and all major utilities. Underground development is in place, with the Beisa Reef accessible from the existing shaft at depths of 300 to 1,000 metres. Measured and Indicated resources stand at 26.8Mlb of uranium at 1,100ppm and 1.2Moz of gold at 3.27 g/t (SAMREC Code, 2016). Initial annual production is targeted at approximately 810,000lb uranium and 52,000 ounces of gold, at an all-in sustaining cost below US$30 per pound uranium equivalent after gold credits, wit...
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