Business
Result of General Meeting
Angus Energy PLC announced that all resolutions were passed at its General Meeting, satisfying the conditions for its restructuring and fundraising, with trading expected to resume on AIM on July 14, 2026. The company's balance sheet has been strengthened, its capital structure simplified, and long-term financing secured, positioning Angus for growth. Following Admission of new Ordinary Shares, the total voting rights will be 8,011,893,414. Additionally, the Finance Director and Chief Operating Officer participated in the fundraise, acquiring 12,500,000 ordinary shares each at 0.2 pence per share on June 24, 2026. Disclaimer*
About this update from Angus Energy Plc
THE INFORMATION CONTAINED WITHIN THIS ANNOUNCEMENT IS DEEMED BY THE COMPANY TO CONSTITUTE INSIDE INFORMATION AS STIPULATED UNDER THE MARKET ABUSE REGULATION (EU) NO. 596/2014 AS IT FORMS PART OF UK DOMESTIC LAW PURSUANT TO THE EUROPEAN UNION (WITHDRAWAL) ACT 2018, AS AMENDED. UPON THE PUBLICATION OF THIS ANNOUNCEMENT VIA A REGULATORY INFORMATION SERVICE, THIS INFORMATION IS CONSIDERED TO BE IN THE PUBLIC DOMAIN. 13 July 2026 Angus Energy PLC ("Angus", the "Company" or together with its subsidiaries, the "Group") (AIM:ANGS) Result of General Meeting Angus Energy (AIM: ANGS) is pleased to announce that at the Company's General Meeting held earlier today all resolutions were duly passed. Accordingly, all shareholder approvals required to complete the Company's previously announced restructuring and fundraising have now been obtained and all material conditions to the transaction have been satisfied. With the Company's financial position now clarified, the Company expects the restoration of trading in its ordinary shares on AIM to take place at 7.30 a.m. tomorrow, 14 July 2026 and Admission of the new Ordinary Shares to take place at 8.00 a.m. tomorrow. The Board believes the successful completion of the restructuring represents a transformational milestone in the Company's development. Having materially strengthened the balance sheet, simplified the capital structure and secured long-term financing, Angus is entering its next phase from a position of financial strength, with a clear strategy to grow production, increase cash generation, and deliver sustainable long-term value for shareholders through organic and inorganic growth. The results of the proxy voting were: Resolution In favour Against Discretionary Withheld 1. Directors' authority to allot shares 98.50% 1.18% 0.00% 0.33% 2. Disapplication of pre-emption rights 98.01% 1.66% 0.00% 0.33% Carlos Fernandes, Finance Director comments: "This is an important day for Angus. Completing the restructuring removes the legacy issues that have constrained the Company and gives us the financial platform to focus on what we do best - operating and growing our business. We look forward to the resumption of trading tomorrow and to delivering the operational milestones that we believe will drive value for all share...