REG - European Green Trns. - Result of General Meeting

European Green TransitionAnnouncement

30/03/2026 11:00

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RNS Number : 6444Y  European Green Transition PLC  30 March 2026

THIS ANNOUNCEMENT AND THE INFORMATION CONTAINED HEREIN IS RESTRICTED AND IS
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR
INDIRECTLY, IN, INTO OR FROM THE UNITED STATES, AUSTRALIA, THE REPUBLIC OF
SOUTH AFRICA OR JAPAN OR ANY OTHER JURISDICTION IN WHICH SUCH RELEASE,
PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL.

THIS ANNOUNCEMENT IS FOR INFORMATION PURPOSES ONLY AND DOES NOT CONSTITUTE OR
CONTAIN ANY INVITATION, SOLICITATION, RECOMMENDATION, OFFER OR ADVICE TO ANY
PERSON TO SUBSCRIBE FOR, OTHERWISE ACQUIRE OR DISPOSE OF ANY SECURITIES IN
EUROPEAN GREEN TRANSITION PLC IN ANY JURISDICTION IN WHICH SUCH INVITATION,
SOLICITATION, RECOMMENDATION, OFFER, SUBSCRIPTION OR ADVICE WOULD BE UNLAWFUL
UNDER THE SECURITIES LAWS OF ANY SUCH JURISDICTION. THIS ANNOUNCEMENT IS NOT
AN OFFER OF OR SOLICITATION TO PURCHASE OR SUBSCRIBE FOR SECURITIES IN THE
UNITED STATES.

THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES OF REGULATION
(EU) 596/2014 AS IT FORMS PART OF DOMESTIC LAW IN THE UNITED KINGDOM BY
VIRTUE OF THE EU (WITHDRAWAL) ACT 2018 ("MAR").

Capitalised terms not otherwise defined in the text of this Announcement have
the meanings given in the Company's launch announcement released at 7.00
a.m. on 11 March 2026, unless otherwise specified.

 

European Green Transition PLC

("EGT", or the "Company")

Result of General Meeting

30 March 2026 - European Green Transition plc (AIM: EGT), a company focused on
acquiring, integrating and optimising revenue-generating and profitable
services businesses in the critical infrastructure sector, announces that,
further to its circular published on 13 March 2026 ("Circular"), at the
General Meeting of the Company held today, all resolutions set out in the
Circular were duly passed. The voting results of the Meetings will be
published on the Company's website shortly.

Accordingly, the Placing and Subscription are expected to complete,
conditional on Admission, at 8.00 a.m. on 31 March 2026.

PDMR Dealings

As set out in the Circular, Raglan Road Capital Limited, which is controlled
by Cathal Friel, Executive Chair of the Company, has subscribed for 3,333,333
new Ordinary Shares at the Issue Price in the Fundraising. Upon Admission
Raglan Road Capital Limited and Cathal Friel will hold an interest in 8.64%
and 2.86% of the Company's Ordinary shares, respectively (being 11.5% in
aggregate). In addition, pursuant to the agreement relating to the Bridge
Facility provided by Raglan Road Capital Limited to the Company in order to
complete the acquisition of the O&M Business in an accelerated timeline,
Raglan Road Capital Limited has also been issued warrants to subscribe for
4,583,333 new Ordinary shares at the Issue Price of 6 pence per Ordinary
Shares.

 

Admission and Total Voting Rights

Application has been made to the London Stock Exchange for a total of
125,000,000 new Ordinary Shares ("New Ordinary Shares") to be admitted to
trading on AIM ("Admission"). It is expected that Admission and dealings in
the New Ordinary Shares will commence at 8.00 a.m. on 31 March 2026. The New
Ordinary Shares will rank pari passu with the existing Ordinary Shares. Upon
Admission, the enlarged share capital of the Company will consist of
269,620,892 Ordinary Shares, none of which are held in treasury. Therefore,
the total number of voting rights in the Company will be 269,620,892 and this
figure may be used by shareholders 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.

The person responsible for arranging this announcement on behalf of the
Company is Jack Kelly, CFO of the Company.

 Enquiries

 

 European Green Transition plc                           +44 (0) 208 058 6129

 Cathal Friel, Executive Chair

 Jack Kelly, CFO

 Panmure Liberum - Nominated Adviser & Joint Broker      + 44 (0) 20 7886 2500

 James Sinclair-Ford / Gaya Bhatt

 Mark Murphy / Rauf Munir

 OAK Securities - Joint Broker                           +44 (0) 20 3973 3678

 Jerry Keen / Calvin Man                                 +44 (0) 7733 117328

 Camarco - Financial PR                                  + 44 (0) 20 3757 4980

 Billy Clegg, Elfie Kent,                                europeangreentransition@camarco.co.uk

Lily Pettifar, Poppy Hawkins

 

Notes to Editors

European Green Transition plc (AIM: EGT) is a company focused on acquiring,
integrating and optimising revenue-generating and profitable services
businesses in the critical infrastructure sector across the UK and Ireland.

 

In 2026, EGT delivered a significant milestone in this strategy by acquiring
an EBITDA profitable operation, maintenance, repairs, and remote monitoring
platform business which serves over 900 onshore wind turbines across the UK
& Ireland. This platform includes Earthmill, Wind Energy
Partnership, Silverford Engineering, and Anemos Analytics.

 

The Company's strategy is to deliver sustained organic growth by expanding its
service offering, driving operational efficiencies to support margin
improvement, and generating strong free cash flow to fund reinvestment and a
progressive dividend strategy. EGT is pursuing a disciplined capital
allocation policy, including targeting selective bolt-on acquisitions across
the critical infrastructure space in the UK, Ireland, and Europe, such as
water, energy, roads, and data centres. The Company is also seeking to sell or
partner its existing portfolio of non-core mining projects, including the
Olserum Rare Earth Element (REE) Project.

 

Stay updated: Website (https://www.europeangreentransition.com/)  | Sign up
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(https://www.linkedin.com/company/european-green-metals-ltd)

 

Notification and public disclosure of transactions by persons discharging
managerial responsibilities ("PDMRs") and persons closely associated ("PCAs")
with them.

     1       Details of the person discharging managerial responsibilities / person closely
             associated
     a)      Name                                                            Raglan Road Capital Limited

     2       Reason for the notification
     a)      Position/status                                                 Raglan Road Capital Limited, which is controlled by Cathal Friel, Executive

                                                                       Chair

     b)      Initial notification/Amendment                                  Initial Notification
     3       Details of the issuer, emission allowance market participant, auction
             platform, auctioneer or auction monitor
     a)      Name                                                            European Green Transition plc
     b)      LEI                                                             9845000450IAF4808661
     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 of 0.25p each

             Identification code

                                                                             GB00BPVG5407
     b)      Nature of transaction                                           i)          Subscription for Ordinary Shares

                                                                             ii)         Issue of warrants to subscribe for Ordinary Shares
     c)      Price(s) and volume(s)                                          Price(s)                                       Volume(s)
                                             i)          6 pence per Ordinary Share                    i)          3,333,333

                                             ii)         6 pence per Ordinary Share                    ii)         4,583,333

             Aggregated information

             -      Aggregated volume                                        As above

             -      Price
     e)      Date of the transaction                                         30 March 2026
     f)      Place of the transaction                                        London Stock Exchange, AIM

 

 

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