Business
Results of GM - Completion of Equity Fundraising
Afentra plc announced the successful completion of its equity fundraising following shareholder approval at a General Meeting, with resolutions passing overwhelmingly. The company has allotted 24,684,714 new Ordinary Shares, comprising 21,699,640 Conditional Placing Shares and 2,985,074 Retail Offer Shares. These shares are expected to be admitted to trading on AIM on June 26, 2026, bringing the total issued share capital to 273,456,304 Ordinary Shares. Directors Thierry Tanoh, Andrew Osborne, and Gavin Wilson participated in the Conditional Placing, purchasing new ordinary shares at 67 pence each, increasing their respective holdings. Disclaimer*
About this update from Afentra Plc
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES, AUSTRALIA, CANADA, JAPAN OR SOUTH AFRICA OR ANY OTHER JURISDICTION WHERE IT IS UNLAWFUL TO DISTRIBUTE THIS ANNOUNCEMENT. THIS ANNOUNCEMENT IS FOR INFORMATIONAL PURPOSES ONLY, AND IS NOT AN OFFER OF SECURITIES IN ANY JURISDICTION. PLEASE SEE THE IMPORTANT NOTICES AT THE END OF THIS ANNOUNCEMENT. THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES OF THE UK VERSION OF THE MARKET ABUSE REGULATION (EU NO. 596/2014) AS IT FORMS PART OF UNITED KINGDOM DOMESTIC LAW BY VIRTUE OF THE EUROPEAN UNION (WITHDRAWAL) ACT 2018 ("UK MAR"). FOR IMMEDIATE RELEASE 25 June 2026 AFENTRA PLC Results of General Meeting - Completion of Equity Fundraising Afentra plc ("Afentra" or the "Company") (AIM: AET), the upstream oil and gas company focused on acquiring production and development assets in Africa, announces that at the General Meeting held earlier today, the resolutions were put to shareholders by way of a poll and all of the resolutions were passed. The following votes were received by the Company from shareholders. Resolution For Against Withheld No. of shares % of votes No. of shares % of votes 1. To allot the Conditional Placing Shares and the Retail Offer Shares in connection with the Conditional Placing and the Retail Offer 74,738,155 99.79 153,981 0.21 8,088 2. To disapply pre-emption rights in connection with the allotment of the Conditional Placing Shares and the Retail Offer Shares * 74,736,815 99.79 155,321 0.21 8,088 * Special resolution Allotment of Shares Pursuant to resolutions of the Board and following the General Meeting, 24,684,714 new Ordinary Shares have been allotted comprising 21,699,640 Conditional Placing Shares and 2,985,074 Retail Offer Shares. Admission and Total Voting Rights Following the General Meeting, the Company will make an application for the 21,699,640 Conditional Placing Shares and 2,985,074 Retail Offer Shares to be admitted to trading on AIM at 8.00 a.m. on 26 June 2026. Following the admission of the Conditional Placing Shares and Retail Offer Shares, the total issued share capital of the Company will be 273,456,304 Ordinary Shares. The Company has no Ordinary Shares in treasury. Therefore, the total number of voting rights in the Company will be 273,456,304. The above figure may be ...