REG - Coro Energy PLC - Posting of Shareholder Circular and Notice of GM

Coro EnergyAnnouncement

Mon 17:30

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RNS Number : 7122N  Coro Energy PLC  05 January 2026

5 January 2026

Coro Energy Plc

("Coro" or the "Company")

 

Posting of Shareholder Circular and Notice of General Meeting

 

Coro Energy PLC, the South East Asian renewable energy developer,
announces that further to the announcement on 22 December 2025, a Shareholder
Circular (containing a notice convening a General Meeting of the Company) with
proposals in relation to a conditional placing of £1m (before expenses), a
share capital reorganisation, and authority to allot shares and disapply
pre-emption rights, is available on the Company's website at
https://www.coroenergyplc.com and has been posted to shareholders today.

 

The General Meeting is to be held on 22 January 2026 at 10.00 a.m. at
Fieldfisher's offices, 9th Floor, Riverbank House, 2 Swan Lane, London EC4R
3TT.

 

The Directors believe that the Placing will promote the success of the Company
for the benefit of its shareholders as a whole. Accordingly, they unanimously
recommend you to vote in favour of the resolutions to be proposed at the
General Meeting. Shareholders are reminded that the Placing is conditional,
amongst other things, on the passing of the resolutions to be proposed at the
General Meeting. Should the resolutions not be passed, the Placing will not
proceed.

 

Subject to, inter alia, the approval of shareholders at the General Meeting,
the Share Capital Reorganisation is expected to take effect on Admission of
the New Ordinary Shares at 8.00 a.m. on 23 January 2026.

 

The new ISIN for the New Ordinary Shares will be GB00BPSRYZ0. The Company's
TIDM, CORO, will remain unchanged.

 

Capitalised terms used but not defined in this announcement shall have the
meaning given to them in the Company's announcement of 22 December 2025.

 

EXPECTED TIMETABLE OF PRINCIPAL EVENTS

 Latest time and date for receipt of Forms of Proxy, CREST and Proxymity voting  10:00 a.m. on 20 January 2026
 instructions
 General Meeting                                                                 10.00 a.m. on 22 January 2026
 Results of the General Meeting                                                  22 January 2026
 Share Capital Reorganisation Record Date                                        6.00 p.m. on 22 January 2026
 Admission and commencement of dealings of the New Ordinary Shares (following    8.00 a.m. on 23 January 2026
 completion of the Share Capital Reorganisation) and the Placing Shares to
 trading on AIM and credited to CREST stock accounts
 Dispatch of definitive share certificates for the New Ordinary Shares           Week commencing 2 February 2026
 (following completion of the Share Capital Reorganisation) and the Placing
 Shares

Results of the General Meeting

 22 January 2026

Share Capital Reorganisation Record Date

6.00 p.m. on 22 January 2026

Admission and commencement of dealings of the New Ordinary Shares (following
completion of the Share Capital Reorganisation) and the Placing Shares to
trading on AIM and credited to CREST stock accounts

8.00 a.m. on 23 January 2026

Dispatch of definitive share certificates for the New Ordinary Shares
(following completion of the Share Capital Reorganisation) and the Placing
Shares

Week commencing 2 February 2026

 

For further information please contact:

 Coro Energy plc                                        Via Vigo Consulting Ltd

 Cavendish Capital Markets Limited (Nominated Adviser)

 Adrian Hadden                                          Tel: 44 (0)20 7220 0500

 Ben Jeynes

 Tennyson Securities (Nominated Broker)                  Tel: 44 (0)20 4530 9239

 Peter Krens

 Vigo Consulting (IR/PR Advisor)                        Tel: 44 (0)20 7390 0230

 Patrick d'Ancona

 

 

 

 

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