REG - Everest Global PLC - Completion of Capital Re-Organisation & TVR

Everest GlobalAnnouncement

10/11/2025 17:00

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RNS Number : 9351G  Everest Global PLC  10 November 2025

10 November 2025

Everest Global plc

("Everest" or the "Company")

 

Completion of Capital Re-Organisation & Total Voting Rights

Further to the announcement of the results of the General Meeting ("GM") held
on 7 November 2025, the Company is pleased to confirm that the Capital
Re-Organisation (the "Capital Re-Organisation"), as approved by shareholders
at the GM, has now completed.

The Resolutions put to shareholders at the GM to approve the sub-division and
re-classification of the Company's existing ordinary shares (the "Existing
Ordinary Shares") and the subsequent consolidation into new ordinary shares
(the "New Ordinary Shares"), together with the adoption of new Articles of
Association, were duly passed by the requisite majorities of shareholders. The
completion of the Capital Re-Organisation provides the Company with a
simplified capital structure and enhanced flexibility for future corporate
developments, and the Board would like to thank shareholders for their strong
support for these proposals.

As part of the Capital Re-Organisation completion process, the Company has
also corrected a historical omission relating to 12,500,000 consideration
shares that were issued in March 2024 in connection with the acquisition of
Precious Link (UK) Limited, as announced on 18 December 2023, which should
have been admitted to trading on completion of the acquisition. Accordingly,
the resulting New Ordinary Shares are included within the shares admitted
today.

Following completion of the Capital Re-Organisation, the total number of New
Ordinary Shares in issue is 386,945. The Company does not hold any shares in
treasury. Therefore, the total number of voting rights in the Company is
386,945. This figure (386,945) may be used by shareholders as the denominator
for the calculations by which they determine whether they are required to
notify their interest in, or a change to their interest in, the Company under
the Financial Conduct Authority's Disclosure Guidance and Transparency Rules.
Trading in the New Ordinary Shares commenced on the Main Market of the London
Stock Exchange at 8:00 a.m. today.

The new ISIN for the New Ordinary Shares is GB00BVD9DK18. The Company's
ticker, EVST, is unchanged.

For further information please contact the following:

 Everest Global plc

 Andy Sui, Chief Executive Officer   +44 (0) 776 775 1787

 Rob Scott, Non-Executive Director   +27 (0)84 6006 001

 SPARK Advisory Partners Limited

 Andrew Emmott                       +44 (0) 20 3368 3555

 

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