REG-Anglesey Mining Plc: Results of General Meeting

Anglesey MiningAnnouncement

30/10/2025 11:15

This announcement contains inside information for the purposes of Article 7 of
the Market Abuse Regulation (EU) 596/2014 as it forms part of UK domestic law
by virtue of the European Union (Withdrawal) Act 2018 (as amended) ("MAR"),
and is disclosed in accordance with the Company's obligations under Article 17
of MAR.

30 October 2025

Anglesey Mining plc

("Anglesey" or the "Company")

 

Results of General Meeting

 

Anglesey Mining plc (AIM:AYM), the UK minerals development company, announces
the results of voting on the resolutions put to the General Meeting held
earlier today. The full text of the resolutions can be found in the notice of
General Meeting contained in the Company's circular to Shareholders dated 26
September 2025 (the "Circular").

The Resolutions were not passed by the requisite majorities and therefore the
Company will not proceed with the proposed Capital Reorganisation. As noted in
the Circular, the Equity Financing Facility with Alumni Capital Limited was,  
                   inter alia                    , conditional on the Company
implementing the proposed Capital Reorganisation. Therefore, as a result of
the necessary resolutions failing to have passed, the Company will not be able
to drawdown any amounts under the Equity Financing Facility.

As noted in the Circular, should the Company be unable to complete the Capital
Reorganisation and therefore avail of the Equity Financing Facility, it would
be left with a limited pool of alternative options and there would be material
uncertainty over the going concern status of the Company. Following the
results of today's General Meeting, the Board will seek to preserve the
Company's cash resources as far as practicable, and will urgently explore
alternative sources of funding.                     However, there can be no
guarantee that the Company will be able to find alternative sources of funding
on a timely basis. If alternative funding is not available, the Directors
believe that it is likely that the Company could be forced to enter into
administration.

Further announcements will be made as and when appropriate.

The voting in respect of the Resolutions was as follows:

 Resolution                                         Votes for   % of shares voted  Votes against  % of shares voted  Total votes cast  Votes withheld  
 1. Consolidation and sub-division of shares        55,464,765  36.0%              98,397,538     64.0%              153,862,303       7,235,705       
 2. Authority to allot shares                       55,494,509  36.1%              98,245,674     63.9%              153,740,183       7,357,825       
 3. Amendment to Articles of Association            55,456,892  36.1%              98,321,945     63.9%              153,778,837       7,319,171       
 4. Disapplication of statutory pre-emption rights  55,327,830  36.0%              98,534,473     64.0%              153,862,303       7,235,705       

Note: "Votes withheld" are not votes in law, and are not included in the votes
"for" or "against" a resolution.

Capitalised terms used in this announcement, unless otherwise defined, have
the same meanings as set out in the Circular.

 

For further information, please contact:

Anglesey Mining plc

Rob Marsden, Chief Executive Officer - Tel: +44 (0)7531 475111

Andrew King, Chairman - Tel: +44 (0)7825 963700

 

Davy

Nominated Adviser & Joint Corporate Broker

Brian Garrahy / Daragh O'Reilly - Tel: +353 1 679 6363

 

Zeus Capital Limited

Joint Corporate Broker

Katy Mitchell / Harry Ansell - Tel: +44 (0)161 831 1512

 

LEI: 213800X8BO8EK2B4HQ71



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