REG - Blencowe Resources - Issue of DFS Performance Shares

Blencowe ResourcesAnnouncement

30/12/2025 11:00

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RNS Number : 1504N  Blencowe Resources PLC  30 December 2025

30 December 2025

Blencowe Resources Plc

("Blencowe" or the "Company")

 

Issue of DFS Performance Shares

 

Blencowe Resources Plc (LSE: BRES) announces that it has issued 12,000,000 DFS
Performance Shares.

The DFS Performance Options have now vested following the completion and
publication of the company's Definitive feasibility Study on 1 December 2025.
Accordingly, the Company is now required to issue 12,000,000 new ordinary
shares as set out below (the "DFS Performance Shares").

Each holder of the DFS Performance Shares has agreed to a lock up for a period
of 12 months from Admission.

 Director                     DFS Performance shares issued  Current holdings  Holdings on Admission  Holdings % of Enlarged Share Capital
 Cameron Pearce               3,000,000                      13,016,667        16,016,667             3.4%
 Mike Ralston                 3,000,000                      10,891,666        13,891,666             2.9%
 Iain Wearing                 3,000,000                      10,461,666        13,461,666             2.8%
 Lionshead Consultants Ltd *  2,250,000                      7,833,334         10,083,334             2.1%
 Alex Passmore                750,000                        2,816,667         3,566,667              0.7%

* beneficially owned by Sam Quinn

Admission and Total Voting Rights

An application has been made for 12,000,000 Ordinary Shares to be admitted to
trading on the Equity (Transition) category of the official list and the main
market of the London Stock Exchange from 8.00 a.m. on 9 January 2026
("Admission").

In accordance with the FCA's Disclosure Guidance and Transparency Rules, the
Company confirms that following Admission, the Company's enlarged issued
ordinary share capital will comprise 475,670,465 Ordinary Shares. The Company
does not hold any Ordinary Shares in Treasury. Therefore, following Admission,
the above figure may be used by shareholders in the Company as the denominator
for the calculations to determine if they are required to notify their
interest in, or a change to their interest in the Company, under the FCA's
Disclosure Guidance and Transparency Rules.

 

 

For further information please contact:

   Blencowe Resources Plc    www.blencoweresourcesplc.com

 Sam Quinn                   Tel: +44 (0)1624 681 250

                             info@blencoweresourcesplc.com (mailto:info@blencoweresourcesplc.com)

 Investor Relations          Tel: +44 (0) 7891 677 441

 Sasha Sethi                 sasha@flowcomms.com (mailto:sasha@flowcomms.com)

 Tavira Financial            Tel: +44 (0)20 3192 1733

 Jonathan Evans              jonathan.evans@tavira.group (mailto:jonathan.evans@tavira.group)

Twitter https://twitter.com/BlencoweRes (https://twitter.com/BlencoweRes)

LinkedIn https://www.linkedin.com/company/72382491/admin/
(https://www.linkedin.com/company/72382491/admin/)

 

 

 

 

Appendix

Notification of Transactions by Persons Discharging Managerial
Responsibilities and Persons Closely Associated with them

(This form is required for disclosure of transactions under Article 19 of
Regulation (EU) No 596/2014 of the European Parliament and of the Council of
16 April 2014 on market abuse (Market Abuse Regulation)

 1   Details of the person discharging managerial responsibilities / person closely
     associated
 a)  Name

1. Cameron Pearce

                                                                   2. Mike Ralston

                                                                   3. Iain Wearing

                                                                   4. Lionshead Consultants (S Quinn)

                                                                   5. Alexander Passmore

 

 2   Reason for the notification
 a)  Position/status                                               1. Director

                                                                   2. Manager

                                                                   3. Manager

                                                                   4. Director

                                                                   5. Director
 b)  Initial notification /Amendment                                Initial Notification
 3   Details of the issuer, emission allowance market participant, auction
     platform, auctioneer or auction monitor
 a)  Name                                                          Blencowe Resources PLC
 b)  LEI

213800UXIHBIRK36GG11
 4   Details of the transaction(s): section to be repeated for (i) each type of
     instrument; (ii) each type of transaction; (iii) each date; and (iv) each
     place where transactions have been conducted
 a)  Description of the financial instrument, type of instrument    Ordinary shares

     Identification code

                                                                   GB00BFCMVS34
 b)  Nature of the transaction                                     Exercise of Share options
 c)  Price(s) and volume(s)                                        Price      Volume
                                                                   1. 0.005   1. 3,000,000

                                                                   2. 0.005   2. 3,000,000

                                                                   3. 0.005   3.  3,000,000

                                                                   4. 0.005   4.  2,250,000

                                                                   5. 0.005   5.  750,000
 d)  Aggregated information

N/A

     - Aggregated volume

     - Price

                                                                   £0.005
 e)  Date of Transaction                                            30 December 2025

 f)  Place of transaction                                          London Stock Exchange

 

 

2

Reason for the notification

a)

Position/status

 1. Director

 2. Manager

 3. Manager

 4. Director

 5. Director

b)

Initial notification /Amendment

 Initial Notification

3

Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor

a)

Name

 Blencowe Resources PLC

b)

LEI

 

 213800UXIHBIRK36GG11

4

Details of the transaction(s): section to be repeated for (i) each type of
instrument; (ii) each type of transaction; (iii) each date; and (iv) each
place where transactions have been conducted

a)

Description of the financial instrument, type of instrument

 

Identification code

 Ordinary shares

 GB00BFCMVS34

b)

Nature of the transaction

Exercise of Share options

c)

Price(s) and volume(s)

 Price      Volume
 1. 0.005   1. 3,000,000

 2. 0.005   2. 3,000,000

 3. 0.005   3.  3,000,000

 4. 0.005   4.  2,250,000

 5. 0.005   5.  750,000

d)

Aggregated information

 

- Aggregated volume

 

- Price

 

 N/A

 £0.005

e)

Date of Transaction

 

 30 December 2025

f)

Place of transaction

London Stock Exchange

 

 

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