Publication of Annual Report and AGM notice

6 August 2020

Yellow Cake plc ("Yellow Cake" or the "Company") 

Notice of Annual General Meeting and Publication of 2020 Annual Report

Yellow Cake, a specialist company operating in the uranium sector with a view to holding physical uranium ("U₃O₈") for the long term, is pleased to announce the publication of its 2020 Annual Report, Notice of the 2020 Annual General Meeting (the "AGM Notice") and Form of Proxy for the 2020 Annual General Meeting on the Company's website www.yellowcakeplc.com.

The Company's 2020 Annual General Meeting will be held at 3rd Floor, Liberation House, Castle Street, St Helier, Jersey, JE1 2LH, Channel Islands on Wednesday, 2 September 2020 at 10:00am.

Please note that in light of the COVID-19 pandemic and the associated restrictions on travel and gatherings, the Company is unable to permit shareholders to attend the Annual General Meeting in person.  To ensure that their votes count, shareholders are requested to instead submit their votes by appointing the Chair of the AGM as their proxy.

A hard copy version of the AGM Notice and the Form of Proxy will be sent to those shareholders who have elected to continue to receive paper communications. Shareholders who have not elected to continue to receive paper communications will be sent a notification of the availability of the AGM Notice on the Company's website by post or, where they have elected, by email. 

ENQUIRIES: 

ABOUT YELLOW CAKE

Yellow Cake is a London-listed company, headquartered in Jersey, which offers exposure to the uranium spot price. This is achieved through its strategy of buying and holding physical triuranium octoxide ("U₃O₈"). It may also seek to add value through the acquisition of uranium royalties and streams or other uranium related activities. Yellow Cake seeks to generate returns for shareholders through the appreciation of the value of its holding of U₃O₈ and its other uranium related activities in a rising uranium price environment. The business is differentiated from its peers by its ten-year Framework Agreement for the supply of U₃O₈ with Kazatomprom, the world's largest uranium producer. Yellow Cake currently holds 9.32 million lb of U₃O₈, all of which is held in storage in Canada and France.