Business
Posting of Circular
Block Energy plc has posted a Circular and Notice of General Meeting to shareholders regarding a proposed Fundraising, with the General Meeting scheduled for 18 May 2026 to approve the issue of Conditional Placing Shares and grant directors authority to issue further shares. Shareholders are urged to return their proxy forms by 14 May 2026. Disclaimer*
About this update from Block Energy Plc
29 April 2026 Block Energy plc ("Block" or "the Company") Posting of Circular Block Energy plc, the AIM-quoted oil and gas company, announces that it has today posted a Circular (containing a Notice of General Meeting) and form of proxy to Shareholders setting out further details regarding the proposed Fundraising which was notified on 27 April 2026 ("Launch Announcement") at 5.04 p.m. General Meeting and Resolutions A General Meeting will be held on 18 May 2026. The purpose of the General Meeting is to seek Shareholders' approval for Resolutions to approve the issue of the Conditional Placing Shares (as detailed in the Launch Announcement), and to grant the Directors' authority to issue further shares. The General Meeting is due to be held at the offices of Block Energy Plc, 33 Cavendish Square, London W1G 0PW at 11.00 a.m. on 18 May 2026. Posting of Circular and Action to be Taken The Circular, including the Notice of General Meeting and a Form of Proxy, has been posted to Shareholders today and has been made available on the Company's website at www.blockenergy.co.uk. Shareholders are requested to complete and return the Form of Proxy as soon as possible, either by post or online via the portal, and, in any event, by no later than 11.00 am on 14 May 2026. CREST members may also utilise the CREST electronic proxy appointment service in accordance with the procedures set out in the Notice. The completion and return of a Form of Proxy will not preclude a Shareholder from attending the General Meeting and voting in person. The results of the votes cast at the General Meeting will be announced through a Regulatory Information Service as soon as practicable following the meeting. Unless otherwise defined, all capitalised terms used but not defined in this announcement shall have the meaning as given to them in the Launch Announcement of 5.04 p.m. on 27 April 2026. **ENDS** For further information please visit http://www.blockenergy.co.uk/ or contact: Paul Haywood (Chief Executive Officer) Block Energy plc Tel: +44 (0)20 3468 9891 Neil Baldwin (Nominated Adviser) SPARK Advisory Partners Limited Tel: +44 (0)20 3368 3554 Peter Krens (Corporate Broker) Tennyson Securities Tel: +44 (0)20 7186 9030 Mark Antelme Philip Dennis (Financial PR Adviser) Ce...