REG - Europa Metals Ltd - Return of Capital Finalisation

Europa MetalsAnnouncement

19/01/2026 11:00

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RNS Number : 4468P  Europa Metals Ltd  19 January 2026

Europa Metals Ltd

(Incorporated and registered in Australia and registered

as an external company in the Republic of South Africa)

(Registration number 4459850)

(External company registration number 2011/116305/10)

Share code on AIM: EUZ

Share code on the JSE: EUZ

ISIN: AU0000090060

("Europa" or the "Company")

 

Return of Capital Finalisation and Currency Conversion Rate Announcement

Europa Metals Ltd, ("Europa" or the "Company") advises that following the
approval by shareholders of the resolution in respect of the return of capital
at the Annual General Meeting held on Friday, 16 January 2026 ("Capital
Return"), the Capital Return payment will be made on Friday,
13 February 2026 to those shareholders on the shareholder register as at the
relevant record date detailed below.

Shareholders on the Australian register will be paid in Australian dollars and
shareholders on the South African register will receive their payment in South
African rand converted from Pounds sterling at a rate of GBP1 = ZAR21.99253,
being the closing rate of exchange on Friday, 16 January 2026, this being the
last practicable date before the release of this announcement.

The board of directors of Europa declared the Capital Return payment to
shareholders in the amount of GPB 0.01 per Europa share, which is equivalent
to ZAR 0.21993 per Europa share. The Capital Return payment is not subject to
dividend withholdings tax as the Capital Return is paid out of capital
reserves.

The salient dates of the Capital Return will be as detailed below.

 

 Event                                                                           Date
 Last day to reposition securities between the Australian, South African and UK  Tuesday, 27 January 2026
 registers
 Last day for trading of Shares on the JSE entitled to Capital Return            Tuesday, 27 January 2026
 Trading of Shares on the JSE on an 'ex return of capital' basis                 Wednesday, 28 January 2026
 Record Date (to determine entitlement to participate in the Capital Return)     Friday, 30 January 2026
 Recommencement of repositioning of securities between the Australian, South     Monday, 2 February 2026
 African and UK registers
 Payment Date for Capital Return                                                  Friday, 13 February 2026

 

Notes

1.   No transfers between the Johannesburg, Australian and London registers,
between the commencement of trading on Tuesday, 27 January 2026 and close of
business on Friday, 30 January 2026 will be permitted.

2.   No shares may be dematerialised or rematerialised between Wednesday, 28
January 2026 and Friday, 30 January 2026, both days inclusive.

3.   Only the shareholders recorded in the Company's share registers as at
the record date are entitled to receive the Capital Return payment.

.

Australian tax implications

The Company has received a draft Class Ruling from the Australian Taxation
Office (ATO), which states that, based on the Company's submission, no portion
of a Capital Return should be considered a dividend for income tax purposes
for Shareholders who hold their shares on capital account for tax purposes and
are not subject to the taxation of financial arrangements. Neither the Company
nor any Shareholder will be subject to withholding tax. Furthermore, no
foreign (outside Australia) shareholder will be subject to any Australian
Capital Gains Tax (CGT) by way of the Capital Return.

The draft Class Ruling is not binding on the ATO and may not be relied upon by
Shareholders until a final Class Ruling is issued by the ATO. Consistent with
usual practice, the final Class Ruling will not be published by the ATO until
after the payment date for the Capital Return. When the final Class Ruling is
issued by the ATO, it will be published on the ATO's website
(https://www.ato.gov.au) and the Company's website.

Shareholders are advised to seek their own professional tax advice in relation
to the Capital Return as the tax consequences for each shareholder may vary
depending on their individual circumstances.

The information in this announcement does not take into account the individual
circumstances of each shareholder and does not constitute tax advice.
Accordingly, Shareholders should seek their own professional advice in
relation to their tax position.

In particular, Shareholders who are not residents of Australia for tax
purposes or do not hold their shares on capital account should seek specific
advice in relation to the taxation consequences of the Capital Return in their
circumstances, including those arising under the laws of their country of
residence.

Defined terms used in this announcement have the same meanings as those
ascribed to them in the Notice and/or Explanatory Statement unless the context
requires otherwise.

For further information on the Company or to ask any questions in relation to
the Annual General Meeting, please visit www.europametals.com or contact:

Europa Metals Ltd

Dan Smith, Non-Executive Director and Company Secretary (Australia)

T: +61 417 978 955

E: dsmith@europametals.com (mailto:dsmith@europametals.com)

 

Myles Campion, Executive Chairman and acting CEO (UK)

E: mcampion@europametals.com

 

Beaumont Cornish (Nominated Adviser/Broker)

James Biddle/Roland Cornish

T: +44 (0) 20 7628 3396

 

Questco Corporate Advisory Proprietary Limited (JSE Sponsor)

Amanda Mahlunge

T: +27 84 287 2718

 

19 January 2026

 

 

Europa Metals Ltd is a company incorporated in Australia and limited by shares
which are publicly traded on the AIM market of the London Stock Exchange
(primary listing - trading currently suspended) and the AltX of the
Johannesburg Stock Exchange (secondary listing).

 

The information contained within this announcement is deemed by the Company to
constitute inside information as stipulated under the Market Abuse Regulation
(EU) No. 596/2014 as it forms part of United Kingdom domestic law by virtue of
the European Union (Withdrawal) Act 2018, as amended by virtue of the Market
Abuse (Amendment) (EU Exit) Regulations 2019.

 

 

 

 

Market Abuse Regulation (MAR) Disclosure

 

The information set out below is provided in accordance with the requirements
of Article 19(3) of the Market Abuse Regulations (EU) No. 596/2014 which forms
part of UK domestic law by virtue of the European Union (Withdrawal) Act 2018
('MAR').

 

Nominated Adviser

 

Beaumont Cornish Limited ("Beaumont Cornish") is the Company's Nominated
Adviser and is authorised and regulated by the FCA. Beaumont Cornish's
responsibilities as the Company's Nominated Adviser, including a
responsibility to advise and guide the Company on its responsibilities under
the AIM Rules for Companies and AIM Rules for Nominated Advisers, are owed
solely to the London Stock Exchange. Beaumont Cornish is not acting for and
will not be responsible to any other persons for providing protections
afforded to customers of Beaumont Cornish nor for advising them in relation to
the proposed arrangements described in this announcement or any matter
referred to in it.

 

 

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