REG - Block Energy PLC - Result of General Meeting

Block EnergyAnnouncement

18/05/2026 12:00

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RNS Number : 7552E  Block Energy PLC  18 May 2026

 

18 May 2026

Block Energy plc

("Block" or "the Company")

 

Result of General Meeting

 

Block Energy plc (AIM: BLOE), announces that at the General Meeting held
earlier today, all the resolutions were passed.

 

                                                                                 For          % For  Against     % Against  Withheld
 1) ORDINARY RESOLUTION                                                          448,751,056  97.5%  11,285,445  2.5%       20,585

 To approve the Directors' authority to allot securities in respect of the
 Conditional Fundraise Shares.
 2) ORDINARY RESOLUTION                                                          448,751,056  97.6%  10,939,275  2.4%       366,755

 To approve the Directors' authority to allot securities in respect of up to a
 further 490,000,000 new Ordinary Shares
 3) SPECIAL RESOLUTION                                                           448,253,957  97.4%  11,782,544  2.6%       20,585

 To disapply statutory pre-emption rights in respect of the Conditional
 Fundraise Shares.
 4) SPECIAL RESOLUTION                                                           448,253,957  97.5%  11,436,374  2.5%       366,755

 To disapply statutory pre-emption rights in respect of up to a further
 147,000,000 new Ordinary Shares.

 

Allotment of Shares

 

At a Board meeting held following the General Meeting, 345,893,916 new
Ordinary Shares (341,387,200 Conditional Placing Shares and 4,506,716 Retail
Offer Shares) have been allotted.

 

Admission and Total Voting Rights

Application has been made to the London Stock Exchange for admission of the
Conditional Placing Shares and the Retail Offer Shares to trading on AIM. It
is expected that admission will become effective and dealings in the
Conditional Placing Shares and the Retail Offer Shares will commence on AIM at
8.00 a.m. on or around 19 May 2026.

Following Admission, the total number of Ordinary Shares in the capital of the
Company in issue will be 1,469,379,955 with voting rights. This figure may be
used by Shareholders as the denominator for the calculations by which they
will determine if they are required to notify their interest in, or a change
to their interest in, the Company's issued share capital pursuant to the
Company's articles of association.

Capitalised terms used but not otherwise defined in this announcement shall
have the meanings ascribed to such terms in the Company's announcement made at
5.04 p.m. on 28 April 2026, unless the context requires otherwise.

**ENDS**

For further information please visit http://www.blockenergy.co.uk/ or contact:

 Paul Haywood                Block Energy plc                 Tel: +44 (0)20 3468 9891

 (Chief Executive Officer)
 Neil Baldwin                SPARK Advisory Partners Limited  Tel: +44 (0)20 3368 3554

 (Nominated Adviser)
 Peter Krens                 Tennyson Securities              Tel: +44 (0)20 7186 9030

 (Corporate Broker)
 Mark Antelme                Celicourt Communications         Tel: +44 (0)20 8434 2643

 Philip Dennis

 (Financial PR Adviser)

 

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