REG - Cobra Resources PLC - TVR, Exercise of Warrants & PDMR Dealings

Cobra ResourcesAnnouncement

Tue 07:00

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RNS Number : 0092G  Cobra Resources PLC  04 November 2025

 

4 November 2025

 

Cobra Resources plc

("Cobra" or the "Company")

 

Total Voting Rights, Exercise of Warrants, PDMR Dealings

 

Cobra (https://cobraplc.com/) (LSE: COBR)
(https://www.londonstockexchange.com/stock/COBR/cobra-resources-plc/company-page)
, a South Australian mineral exploration and development company, announces,
in conformity with the Financial Conduct Authority's Disclosure Guidance and
Transparency Rule 5.6.1R, that, as at 31 October 2025, its issued share
capital comprises 924,882,429 ordinary shares of nominal value 1 pence each
("Ordinary Shares"). Each Ordinary Share carries the right to one vote in
relation to all circumstances at general meetings of the Company. The Company
does not hold any shares in treasury and therefore the total number of voting
rights attributable to the Ordinary Shares is 924,882,429.

 

The above figure may be used by shareholders of the Company 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 under
the Financial Conduct Authority's Disclosure Guidance and Transparency Rules.

 

The Company further announces that it has received notice of exercise of
warrants ("Warrants") to subscribe for a total of 7,460,165 new Ordinary
Shares ("New Ordinary Shares"). The total consideration paid to the Company in
connection with the exercise of such Warrants is £223,804.95. This figure
takes the total number of new Ordinary Shares applied for in connection with
Warrants above the Company's existing block listing such that the block
listing has now been fully utilised.

 

Included in the exercise of Warrants, were Warrants held by certain directors
of the Company, who elected to exercise a combined total of 2,233,332
Warrants. Directors who elected to exercise Warrants are detailed below, along
with further details included in accordance with the requirements of Article
19(3) of Regulation 2014/596/EU, which is part of the domestic law of the
United Kingdom of Great Britain and Northern Ireland pursuant to the Market
Abuse Amendment (EU Exit) Regulations (SI 2019/310) ("UK MAR").

 

The New Ordinary Shares will rank pari passu with the existing Ordinary
Shares. The issue of 679,585 New Ordinary Shares was included in the Company's
existing block listing and application will be made for the remaining
6,780,580 New Ordinary Shares to be admitted to the equity shares (transition)
category of the Official List of the Financial Conduct Authority ("FCA") and
to trading on the main market for listed securities of London Stock Exchange
plc.

 

Upon Admission, the Company's issued share capital will consist of 932,342,594
Ordinary Shares with one voting right each. The Company does not hold any
Ordinary Shares in treasury. Therefore, the total number of voting rights in
the Company will be 932,342,594. With effect from Admission, this figure may
be used by shareholders in the Company 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 share capital of the Company under the
FCA's Disclosure Guidance and Transparency Rules.

 

 Director Name       Number of 3p Warrants Exercised
 Daniel Maling       200,000
 David Brian Clarke  1,666,666
 Gregory Hancock     200,000
 Rupert Verco        166,666

 

Enquiries:

 

 Cobra Resources plc                           via Vigo Consulting

 Rupert Verco (Australia)                      +44 (0)20 7390 0234

 Dan Maling (UK)
 SI Capital Limited (Joint Broker)             +44 (0)1483 413 500

 Nick Emerson

 Sam Lomanto

 Global Investment Strategy (Joint Broker)     +44 (0)20 7048 9437

 James Sheehan                                 james.sheehan@gisukltd.com
 Vigo Consulting (Financial Public Relations)  +44 (0)20 7390 0234

 Ben Simons                                    cobra@vigoconsulting.com

 Fiona Hetherington

 Anna Stacey

 

The person who arranged for the release of this announcement was Rupert Verco,
Managing Director of the Company.

 

About Cobra

 

Cobra Resources is a South Australian critical minerals developer, advancing
assets at all stages of the pre-production pathway.

 

In 2023, Cobra identified the Boland ionic rare earth discovery at its Wudinna
Project in the Gawler Craton - Australia's only rare earth project suitable
for in situ recovery (ISR) mining. ISR is a low-cost, low-disturbance
extraction method that eliminates the need for excavation, positioning Boland
to achieve bottom-quartile recovery costs.

 

In 2025, Cobra further expanded its portfolio by optioning the Manna Hill
Copper Project in the Nackara Arc, South Australia. The project contains
multiple underexplored prospects with strong potential to deliver large-scale
copper discoveries.

 

In 2025, Cobra sold its Wudinna Gold Assets to Barton Gold (ASX: BDG) for up
to A$15 million in cash and shares.

 

Regional map showing Cobra's tenements in South Australia

 

 

Follow us on social media:

 

LinkedIn: https://www.linkedin.com/company/cobraresourcesplc
(https://www.linkedin.com/company/cobraresourcesplc)

X: https://twitter.com/Cobra_Resources (https://twitter.com/Cobra_Resources)

 

Engage with us by asking questions, watching video summaries and seeing what
other shareholders have to say. Navigate to our Interactive Investor hub here:
https://investors.cobraplc.com/ (https://investors.cobraplc.com/)

 

Subscribe to our news alert service:
https://investors.cobraplc.com/auth/signup
(https://investors.cobraplc.com/auth/signup)

 

 

The information set out below is provided in accordance with the requirements
of Article 19(3) of UK MAR.

 1   Details of the person discharging managerial responsibilities / person closely
     associated
 a)  Name                                                         Daniel Maling
 2   Reason for Notification
 a)  Position/status                                              Non-Executive Director, PDMR
 b)  Initial notification/amendment                               Initial notification
 3   Details of the issuer, emission allowance market participant, auction
     platform, auctioneer or auction monitor
 a)  Name                                                         Cobra Resources plc
 b)  LEI                                                          213800XTW5PLLK72TQ57
 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                                          GB00BGJW5255
 b)  Nature of the transaction                                    Exercise of warrants
 c)  Price(s) and volume(s)                                       Price   Volume
                                                                  £0.03   200,000
 d)  Aggregated information
     - Aggregated volume                                          N/A
     - Price                                                      N/A
 e)  Date of the transaction                                      23 October 2025
 f)  Place of the transaction                                     Off Market

d)

Aggregated information

- Aggregated volume

N/A

- Price

N/A

e)

Date of the transaction

23 October 2025

f)

Place of the transaction

Off Market

 

 

 1   Details of the person discharging managerial responsibilities / person closely
     associated
 a)  Name                                                         David Brian Clarke
 2   Reason for Notification
 a)  Position/status                                              Non-Executive Director, PDMR
 b)  Initial notification/amendment                               Initial notification
 3   Details of the issuer, emission allowance market participant, auction
     platform, auctioneer or auction monitor
 a)  Name                                                         Cobra Resources plc
 b)  LEI                                                          213800XTW5PLLK72TQ57
 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                                          GB00BGJW5255
 b)  Nature of the transaction                                    Exercise of warrants
 c)  Price(s) and volume(s)                                       Price   Volume
                                                                  £0.03   1,666,666
 d)  Aggregated information
     - Aggregated volume                                          N/A
     - Price                                                      N/A
 e)  Date of the transaction                                      26 October 2025
 f)  Place of the transaction                                     Off Market

d)

Aggregated information

- Aggregated volume

N/A

- Price

N/A

e)

Date of the transaction

26 October 2025

f)

Place of the transaction

Off Market

 

 1   Details of the person discharging managerial responsibilities / person closely
     associated
 a)  Name                                                         Gregory Hancock
 2   Reason for Notification
 a)  Position/status                                              Chairman, PDMR
 b)  Initial notification/amendment                               Initial notification
 3   Details of the issuer, emission allowance market participant, auction
     platform, auctioneer or auction monitor
 a)  Name                                                         Cobra Resources plc
 b)  LEI                                                          213800XTW5PLLK72TQ57
 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                                          GB00BGJW5255
 b)  Nature of the transaction                                    Exercise of warrants
 c)  Price(s) and volume(s)                                       Price   Volume
                                                                  £0.03   200,000
 d)  Aggregated information
     - Aggregated volume                                          N/A
     - Price                                                      N/A
 e)  Date of the transaction                                      24 October 2025
 f)  Place of the transaction                                     Off Market

d)

Aggregated information

- Aggregated volume

N/A

- Price

N/A

e)

Date of the transaction

24 October 2025

f)

Place of the transaction

Off Market

 

 

 

 1   Details of the person discharging managerial responsibilities / person closely
     associated
 a)  Name                                                         Rupert Verco
 2   Reason for Notification
 a)  Position/status                                              Chief Executive Officer, PDMR
 b)  Initial notification/amendment                               Initial notification
 3   Details of the issuer, emission allowance market participant, auction
     platform, auctioneer or auction monitor
 a)  Name                                                         Cobra Resources plc
 b)  LEI                                                          213800XTW5PLLK72TQ57
 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                                          GB00BGJW5255
 b)  Nature of the transaction                                    Exercise of warrants
 c)  Price(s) and volume(s)                                       Price   Volume
                                                                  £0.03   166,666
 d)  Aggregated information
     - Aggregated volume                                          N/A
     - Price                                                      N/A
 e)  Date of the transaction                                      24 October 2025
 f)  Place of the transaction                                     Off Market

d)

Aggregated information

- Aggregated volume

N/A

- Price

N/A

e)

Date of the transaction

24 October 2025

f)

Place of the transaction

Off Market

 

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