REG - Corcel PLC - Block listing Interim Review

CorcelAnnouncement

22/12/2025 18:00

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RNS Number : 5579M  Corcel PLC  22 December 2025

 

Corcel PLC

("Corcel" or the "Company")

 

BLOCK ADMISSION SIX MONTH RETURN

 

22 December 2025

 

Corcel today makes the following notification pursuant to Schedule Six of the
AIM Rules for Companies regarding its existing block admission arrangements.

 

 Name of applicant:                                                                Corcel Plc
 Name of scheme:                                                                   Warrant Block Admission
 Period of return:                        From:                                    24.06.2025  To:       22.12.2025
 Balance of unallotted securities under scheme(s) from previous return:            944,575,000
 Plus:  The amount by which the block scheme(s) has been increased since the       Nil
 date of the last return (if any increase has been applied for):
 Less:  Number of securities issued/allotted under scheme(s) during period         748,125,000
 (see UKLR20.6.7G):
 Equals:  Balance under scheme(s) not yet issued/allotted at end of period:        196,450,000

 

 Name of contact:  Corcel plc
 Email contact:    Development@Corcelplc.com (mailto:Development@Corcelplc.com)

 

 

 

 

For further information, please contact:

 

Scott
Gilbert

Corcel Plc, CEO & Director

Development@Corcelplc.com (mailto:Development@Corcelplc.com)
 

 

Melissa Byeon
 

Corcel Plc, Public Relations Officer

Development@Corcelplc.com (mailto:Development@Corcelplc.com)
 

 

James Joyce / James Bavister / Andrew de Andrade

Zeus, NOMAD & Broker

020 3829 5000

 
 

Jonathan Wright / Rupert Holdsworth
Hunt

Auctus Advisors LLP, Joint Broker

07711 627449
 

 

About Corcel

Corcel has a notable oil and gas portfolio in onshore Angola that includes
brownfield redevelopment opportunities and significant exploration upside.
Corcel marked a new country entry into Brazil through the option to acquire
rights to producing gas and exploration assets, further diversifying its
portfolio and enhancing its growth potential.

 

Corcel's Angola portfolio consists of interests in three licenses:

 

·    KON - 16 upon completion: operated - 80% working interest - 71.5% net
to CRCL

·    KON - 11 Non-Operated - 20% working interest - 18% net to CRCL

·    KON - 12 Non-Operated - 25% working interest - 22.5% net to CRCL

 

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