t
7 January 2026
This is a replacement to RNS 1504N dated 30 December 2025. The date of admission has changed to 12 January 2026 and the total voting rights is now 477,295,645 following admission of the DFS Performance Shares.
Blencowe Resources Plc
("Blencowe" or the "Company")
Issue of DFS Performance Shares
Blencowe Resources Plc (LSE: BRES) announces that it has issued 12,000,000 DFS Performance Shares.
The DFS Performance Options have now vested following the completion and publication of the company's Definitive feasibility Study on 1 December 2025. Accordingly, the Company is now required to issue 12,000,000 new ordinary shares as set out below (the "DFS Performance Shares").
Each holder of the DFS Performance Shares has agreed to a lock up for a period of 12 months from Admission.
|
Director |
DFS Performance shares issued |
Current holdings |
Holdings on Admission |
Holdings % of Enlarged Share Capital |
|
Cameron Pearce |
3,000,000 |
13,016,667 |
16,016,667 |
3.4% |
|
Mike Ralston |
3,000,000 |
10,891,666 |
13,891,666 |
2.9% |
|
Iain Wearing |
3,000,000 |
10,461,666 |
13,461,666 |
2.8% |
|
Lionshead Consultants Ltd * |
2,250,000 |
7,833,334 |
10,083,334 |
2.1% |
|
Alex Passmore |
750,000 |
2,816,667 |
3,566,667 |
0.7% |
* beneficially owned by Sam Quinn
Admission and Total Voting Rights
An application has been made for 12,000,000 Ordinary Shares to be admitted to trading on the Equity (Transition) category of the official list and the main market of the London Stock Exchange from 8.00 a.m. on 12 January 2026 ("Admission").
In accordance with the FCA's Disclosure Guidance and Transparency Rules, the Company confirms that following Admission, the Company's enlarged issued ordinary share capital will comprise 477,295,645 Ordinary Shares. The Company does not hold any Ordinary Shares in Treasury. Therefore, following Admission, the above figure may be used by shareholders in the Company as the denominator for the calculations to determine if they are required to notify their interest in, or a change to their interest in the Company, under the FCA's Disclosure Guidance and Transparency Rules.
For further information please contact:
|
Blencowe Resources Plc Sam Quinn |
www.blencoweresourcesplc.com Tel: +44 (0)1624 681 250
|
|
Investor Relations Sasha Sethi |
Tel: +44 (0) 7891 677 441
|
|
Tavira Financial Jonathan Evans |
Tel: +44 (0)20 3192 1733
|
Twitter https://twitter.com/BlencoweRes
LinkedIn https://www.linkedin.com/company/72382491/admin/
Appendix
Notification of Transactions by Persons Discharging Managerial Responsibilities and Persons Closely Associated with them
(This form is required for disclosure of transactions under Article 19 of Regulation (EU) No 596/2014 of the European Parliament and of the Council of 16 April 2014 on market abuse (Market Abuse Regulation)
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1 |
Details of the person discharging managerial responsibilities / person closely associated |
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a) |
Name |
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2 |
Reason for the notification |
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a) |
Position/status |
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b) |
Initial notification /Amendment |
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3 |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
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a) |
Name |
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b) |
LEI |
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4 |
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted |
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a) |
Description of the financial instrument, type of instrument
Identification code |
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b) |
Nature of the transaction |
Exercise of Share options |
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c) |
Price(s) and volume(s) |
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d) |
Aggregated information
- Aggregated volume
- Price |
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e) |
Date of Transaction
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30 December 2025 |
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f) |
Place of transaction |
London Stock Exchange |
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Blencowe Resources Plc announced the issue of 12,000,000 DFS Performance Shares on 30 December 2025, following the vesting of associated options on 1 December 2025. These shares, resulting from the exercise of options at £0.005 per share, were distributed to directors Cameron Pearce, Mike Ralston, Iain Wearing, Alex Passmore, and Lionshead Consultants Ltd (beneficially owned by Sam Quinn). An application has been made for these shares to be admitted to trading on the London Stock Exchange from 12 January 2026, at which point Blencowe's total voting rights will be 477,295,645 Ordinary Shares.
| Date | 7 Jan 2026 |
| Time | 09:17:41 |
| Category | Director/PDMR dealings |
| ID | 9854N |