REG - 79th GRP Limited First Class Metals - Disposal

FIRST CLASS METALSAnnouncement

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RNS Number : 8632T  79th GRP Limited (The)  20 February 2026

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR
INDIRECTLY, IN, INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE
A VIOLATION OF THE RELEVANT LAWS OR REGULATIONS OF SUCH JURISDICTION.

THE INFORMATION CONTAINED WITHIN THIS ANNOUNCEMENT IS DEEMED TO CONSTITUTE
INSIDE INFORMATION AS STIPULATED UNDER THE RETAINED EU LAW VERSION OF THE
MARKET ABUSE REGULATION (EU) NO. 596/2014 (THE "UK MAR") WHICH IS PART
OF UK LAW BY VIRTUE OF THE EUROPEAN UNION (WITHDRAWAL) ACT 2018. UPON THE
PUBLICATION OF THIS ANNOUNCEMENT, THIS INSIDE INFORMATION IS NOW CONSIDERED TO
BE IN THE PUBLIC DOMAIN.

FOR IMMEDIATE RELEASE.

 

20 FEBRUARY 2026

 

Entry into Share Purchase Agreement

Quantuma Advisory Limited (Quantuma), in its capacity as joint administrators
of The 79(th) Grp Limited (79(th) Grp) alongside Kroll Advisory Limited (the
Joint Administrators) is pleased to announce that it has entered into a share
purchase agreement with Anthony Charles Harris, Darren Andrew Rowlands and
James Charles Ashley Goozee for the proposed sale of 48,489,768 ordinary
shares representing approximately 19.0% of the entire issued share capital in
First Class Metals PLC (First Class Metals, FCM or the Company), the UK-listed
exploration company advancing high-grade, district-scale gold opportunities in
Ontario, Canada (the Share Sale).

Following completion of the Share Sale, the 79(th) Grp will hold 30,062,316
ordinary shares, representing approximately 11.8% of the Company's issued
ordinary share capital.

For the purposes of UK MAR, the person responsible for arranging for the
release of this announcement on behalf of Quantuma is Alex Roberts, Director.

For further information

Quantuma

Alex Roberts, Director

Email: Alex.Roberts@Quantuma.com (mailto:Alex.Roberts@Quantuma.com)

Tel: +44 (0)161 6949144

First Class Metals

James Knowles, Executive Chair

Email: JamesK@Firstclassmetalsplc.com (mailto:JamesK@Firstclassmetalsplc.com)

Tel: 07488 362641

Marc J Sale, CEO and Executive Director

Email: MarcS@Firstclassmetalsplc.com (mailto:MarcS@Firstclassmetalsplc.com)

Tel: 07711 093532

Important Notices

This announcement is not intended to, and does not, constitute or form part of
any offer, invitation or the solicitation of an offer to purchase, otherwise
acquire, subscribe for, sell or otherwise dispose of, any securities, or the
solicitation of any vote or approval in any jurisdiction, whether pursuant to
this announcement or otherwise. Any offer, if made, will be made solely by
certain offer documentation which will contain the full terms and conditions
of any offer, including details of how it may be accepted.

The release, distribution or publication of this announcement in whole or in
part, directly or indirectly in, into or from jurisdictions outside the United
Kingdom may be restricted by law and therefore persons into whose possession
this announcement comes should inform themselves about, and observe, such
restrictions. Any failure to comply with the restrictions may constitute a
violation of the securities law of any such jurisdiction.

 

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