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Contango Holdings Plc's board noted a recent fall in its share price and confirmed they are not aware of any reason for it. The Company continues to work with advisers and the Takeover Panel on publishing a circular to obtain a Rule 9 Takeover Code waiver for a £5,000,000 Proposed Subscription at 1.11p with Strategic Investors, initially announced on 13 February 2026. The Board confirmed that all prior details regarding this Subscription remain unchanged.
| Date | 10 Jun 2026 |
| Time | 15:19:55 |
| Category | Corporate updates |
| ID | 8163H |
Contango Holdings Plc / Index: LSE / Epic: CGO / Sector: Natural Resources
10 June 2026
Contango Holdings Plc
('Contango' or the 'Company')
Share Price Movement
The board of Contango Holdings Plc notes the recent fall in share price. The directors of the Company can confirm they are not aware of any reason for the recent fall in the share price.
The Company continues to work with its advisers and consult with the Takeover Panel regarding the publication of the circular to obtain a waiver of Rule 9 of the Takeover Code ("Circular") with respect to the Proposed Subscription of £5,000,000 at 1.11p with the Strategic Investors ("Subscription") as announced by RNS of 13 February 2026. The Board can confirm that all prior details published regarding the Subscription remain the same and will update the market in due course once the Company may publish the Circular.
For further information, please visit www.contango-holdings-plc.co.uk or contact:
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Contango Holdings plc Chief Executive Officer Daniel Dos Santos |
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Tavira Financial Limited Financial Adviser & Broker Jonathan Evans |
T: +44 (0)20 7100 5100 |