7 August 2025

Wildcat Petroleum Plc

("Wildcat" or the "Company")

Notice of General Meeting and Board Changes

Wildcat Petroleum Plc ("WCAT" or "the Company") a company targeting investment opportunities in businesses and assets within the upstream sector of the petroleum industry is pleased to announce the proposed changes to the board, provide an update on its plans to comply with its obligations under the new UK Listing Rules ("UKLR") and announces that a Notice of General Meeting and Proxy Voting Form has been posted to shareholders today.

Trond Christoffersen will also be joining the Board of Wildcat subject to the successful completion of due diligence. Mr Christoffersen is an experienced professional with 30+ years of experience in the oil and gas sector. Further information on Mr Christoffersen appointment will be made in due course.

On 29 July 2024, the UK Listing Rules ("UKLR") came into force and contained certain Transitional Provisions (TPs) to allow issuers time to comply with the new requirements. These TPs in relation to shell companies ended on 29 July 2025 and shell companies are required to comply with their continuing obligations in full under UKLR 13. This includes the requirement under UKLR 13.2.1R that the constitution of a shell company must provide that if the shell company has not completed an initial transaction on or before the date which is 24 months from the date of admission, being 30 July 2025 ("Admission"), it will cease operations on the date which is 24 months from the date of Admission.  

As the TPs have now ended, the board has called a general meeting to approve a special resolution to amend the Company's Memorandum and Articles of Association ("Articles") to include new provisions to comply with UKLR 13.2.1R.

The General Meeting will be held on Friday 29 August 2025 at 12.00 hours at Streetly Community Library, Blackwood Road, Streetly B74 3PL (the "General Meeting").  The Special Resolution to be proposed will be to amend the Company's Articles of Association so that the Company remains compliant with the UK Listing Rules and can undertake an initial transaction after 29 July 2025.

Copies of the Notice of General Meeting, Proxy Voting Form and New Articles will shortly be available at the National Storage Mechanism and the Company's website: www.wildcatpetroleum.co.uk

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