REG - Corcel PLC - Total Voting Rights

CorcelAnnouncement

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RNS Number : 3996X  Corcel PLC  20 March 2026

 

Corcel PLC

("Corcel" or the "Company")

 

Total Voting Rights

 

20 March 2026

 

Corcel Plc (London AIM: CRCL), the Angola-Brazil focused energy company,
announces that, pursuant to the fundraising of £3.6m at a Placing Price of
£0.004 announced on 19 March 2026, application will be made for 900,000,000
Placing Shares to be admitted ("Admission") to trading on AIM and it is
expected that Admission will occur on or around 24 March 2026.

Following Admission, the Company's total issued share capital will consist
of 9,415,475,996 Ordinary Shares, with one voting right per Ordinary Share.
The Company does not hold any Ordinary Shares in treasury.  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 in their interest in, the share capital of the Company pursuant
to the FCA's Disclosure Guidance and Transparency Rules.

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

 

Corcel's Battery Metals portfolio consists of an 80% working interest in the
Mt Weld Rare Earth Elements project in Western Australia.

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