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Quantum Helium Limited shareholders approved a share consolidation at an Extraordinary General Meeting on 01 July 2026, with 93% of votes cast in favour. The consolidation, effective 3 July 2026, will convert every 100 existing ordinary shares into 1 new ordinary share, reducing the issued share capital from 49,985,396,722 to 499,853,967 ordinary shares. Admission of the consolidated shares to AIM is expected on 3 July 2026.
| Date | 1 Jul 2026 |
| Time | 12:39:34 |
| Category | AGMs and other meetings |
| ID | 6474K |
01 July 2026
Quantum Helium Limited
("Quantum" or the "Company")
Quantum Helium Limited (AIM: QHE) is pleased to announce that, at the Extraordinary General Meeting ("EGM") held today, the Resolution to approve the proposed share consolidation (the "Share Consolidation") was duly passed by shareholders.
The following proxies were received:
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The Share Consolidation will become effective on 3 July 2026 and will be implemented on the basis of one (1) new ordinary share for every one hundred (100) existing ordinary shares held.
Following the Share Consolidation, the Company's issued share capital will reduce from 49,985,396,722 ordinary shares to 499,853,967 ordinary shares. Admission of the Consolidated Shares to trading on AIM is expected to occur at 8.00 a.m. (London time) on 3 July 2026.
Share Consolidation Timetable
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Following Admission becoming effective at 8.00 a.m. (London time) on 3 July 2026, the Company's issued share capital will comprise 499,853,967 ordinary shares, each carrying one voting right. The Company does not hold any ordinary shares in treasury.
Accordingly, the total number of voting rights in the Company will be 499,853,967.
The above figure may therefore be used by shareholders as the denominator for the calculations by which they will determine whether they are required to notify their interest in, or a change to their interest in, the share capital of the Company under the Companies' Articles.
Enquiries:
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Quantum Helium Limited Carl Dumbrell Chairman
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NOMAD and Joint Broker SP Angel Corporate Finance LLP Stuart Gledhill / Richard Hail / Adam Cowl +44 (0) 20 3470 0470 |
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Brand Communications Alan Green Tel: +44 (0) 7976 431608 |
Joint Broker CMC Markets UK Plc Douglas Crippen +44 (0) 020 3003 8632 Joint Broker OAK Securities Jerry Keen / Robert Bell Tel: +44 (0) 203 973 3678
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Updates on the Company's activities are regularly posted on its website: www.quantum-helium.com
Notes to editors
Quantum (AIM: QHE) is a helium, hydrogen and hydrocarbon exploration, development, and production company with projects in the US and Australia. Quantum's strategic objectives remain consistent: to identify opportunities which will provide operating cash flow and have development upside, in conjunction with progressing exploration. The Company has several projects in the US, in addition to royalty interests in Australia.