Keras Resources plc / Index: AIM / Epic: KRS / Sector: Mining

Keras Resources plc ('Keras' or the 'Company')

Result of Annual General Meeting, Result of General Meeting and Share Consolidation

Keras Resources plc, is pleased to announce that, at the Annual General Meeting ("GM") held today (25 July 2022), all resolutions were duly passed.

At the General Meeting ("GM") also held today, the resolution to approve the share consolidation set out in the Notice of GM, was duly passed. The proxies received in respect of resolution were as follows:

Share Consolidation

Following the approval of the Resolution, every 100 ordinary shares of 0.01 p. each (the "Existing Shares") that are in issue as at 6.00 p.m. today will be consolidated into one new ordinary share of 1 p. each (the "New Ordinary Shares"). Other than the change in nominal value, the New Ordinary Shares arising on implementation of the share consolidation will have the same rights as the Existing Shares, including voting and other rights.

The New Ordinary Shares arising from the share consolidation will be admitted to trading on AIM from 8.00 a.m. on 26 July 2022 ("Admission") with ISIN number GB00BMY2T534 and SEDOL code BMY2T53.

Total Voting Rights

Following Admission, the Company's issued share capital will comprise 79,735,731 New Ordinary Shares with voting rights. This figure of 79,735,731 New Ordinary Shares may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change in their interest in, the share capital of the Company under the Disclosure Rules and Transparency Rules of the United Kingdom Financial Conduct Authority.

**ENDS**

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