Earnz PLCLSE: EARN

Earnz: Result of GM & Completion of the Acquisition

· Issued by Earnz PLC via RNS

Summary by 6ix AI

EARNZ plc, an energy services company, said all resolutions put to its general meeting on October 19, 2026 were passed. Its acquisition of GEM Newco Limited is expected to complete on October 20, 2026.

Key details

  • After the vote, the Board allotted 218,146,725 new ordinary shares of 4 pence each in four groups: Placing Shares, Initial Consideration Shares, Fee Shares and Retail Offer Shares.

What’s still pending

  • Admission of the new shares is expected but has not yet happened.
  • Once the new shares are admitted, all outstanding conditions for the acquisition are expected to have been met, with completion expected on October 20, 2026.

6ix AI wrote this summary from the release below and checked it against the release.

On 6ix: 6ix.com/news/result-of-gm-and-completion-of-the-acquisition

Watch Earnz's latest callEarnz (LSE:EARN) — Investor Presentation · Replay · Oct 8Read the transcript of Earnz (LSE:EARN) — Investor Presentation
Earnz PLC
19 October 2026
 

19 October 2026

EARNZ plc

("EARNZ", the "Company" or the "Group")

Result of General Meeting & Completion of the Acquisition

EARNZ plc ("EARNZ" or the "Company") (AIM: EARN), an energy services company whose objective is to capitalise on the drive for global decarbonisation, is pleased to announce that the Resolutions put to its General Meeting held earlier today were duly passed.

Following the passing of the Resolutions, the Board has allotted 218,146,725 new ordinary shares of 4 pence each in the Company comprising the Placing Shares, Initial Consideration Shares, Fee Shares and Retail Offer Shares.

Following the passing of the Resolutions earlier today and Admission of the Placing Shares, Initial Consideration Shares, Fee Shares and Retail Offer Shares, expected tomorrow, all outstanding conditions required in respect of the acquisition of GEM Newco Limited (the “Acquisition”) are expected to have been met and the Acquisition is therefore expected to complete on 20 October 2026.

Ends

Engage with the Earnz PLC management team directly by asking questions, watching video summaries and seeing what other shareholders have to say. Navigate to our interactive investor hub here: https://investors.earnzplc.com/link/PR19or

For further information, please contact:

Investor questions on this announcement

We encourage all investors to share questions

on this announcement via our investor hub

https://investors.earnzplc.com/link/PR19or

Earnz Plc

Bob Holt/Peter Smith/Elizabeth Lake

Via our investor hub

Zeus (Nominated Adviser, Broker and Joint Bookrunner)

Investment Banking

Antonio Bossi / Andrew de Andrade / Alex Slater

Corporate Broking

Dominic King / Alex Bartram

+44 (0) 203 829 5000

Camarco (Financial PR)

Ginny Pulbrook / Tom Huddart

+44 (0)20 3757 4980

Subscribe to our news alert service: http://investors.earnzplc.com/auth/signup

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