REG - Geo Exploration Ltd - Directors' Equity, Options and Warrant Extension
06/02/2026 07:00
For best results when printing this announcement, please click on link below:
https://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20260206:nRSF9747Ra&default-theme=true
RNS Number : 9747R Geo Exploration Limited 06 February 2026
06 February 2026
GEO Exploration Limited
("GEO " or the "Company")
Director Equity Remuneration, Warrant Extension
and Option Awards Related Party Transactions
GEO Exploration Limited (AIM: GEO) announces that the Board has approved a
number of equity-based remuneration and incentive arrangements in accordance
with the Company's existing contractual obligations and long-term incentive
framework.
The approvals form part of a single, integrated remuneration and incentive
package approved by the Board, comprising the settlement of agreed director
remuneration in shares, the grant of share options and the extension of
certain warrant terms. The Board believes that the use of equity-based
remuneration is appropriate for the Company and supports long-term alignment
between management and shareholders.
Issue of Shares - Director Remuneration
At the time of the appointments of Omar Ahmad, Hamza Choudhry and Azib Khan as
Executive Directors, their remuneration was agreed in the form of cash and
shares. As announced on 5 December 2024, Brian Chu receives 20% of his
Non-Executive Director fees in shares. However, as the Company had unpublished
inside information the award of shares had to be deferred. Accordingly, the
Company has now issued new ordinary shares as follows:
· 54,975,000 ordinary shares to Azib Khan, representing unpaid fees
from 2024, which Mr Khan has agreed to receive as stock in lieu of cash, with
an aggregate value of £76,965, calculated at the market price on 16 January
2026. These fees were accrued within the financial statements for the year
ended 30 June 2025.
· 46,100,000 ordinary shares each (being 138,300,000 ordinary
shares in aggregate) to Hamza Choudhry, Omar Ahmad and Azib Khan, issued to
the executive directors and accepted prudently in lieu of cash remuneration,
consistent with the directors' long-term alignment with shareholders; and
· 3,062,832 ordinary shares to Brian Chu in satisfaction of
contractual remuneration relating to his role as Non-Executive Director. As
announced on 5 December 2024, Brian Chu receives 20% of his Non-Executive
Director fees in shares. The number of shares is based on the 5-day VWAP at
each quarter end as follows:
Quarter End 5-Day VWAP Number of Shares
31 December 2024 0.298p 116,308
31 March 2025 0.124p 982,816
30 June 2025 0.128p 931,702
30 September 2025 0.358p 684,679
31 December 2025 0.180p 1,379,331
The Board notes that, at the time of appointment, the relevant directors
elected to receive equity in lieu of cash remuneration, having regard to the
Company's circumstances at that time, including its stage of development,
capital priorities and liquidity considerations. The Board considers that this
approach appropriately aligned the directors with shareholders from the
outset, preserved cash resources for operational and strategic purposes, and
was consistent with market practice for AIM-listed companies at a comparable
stage.
All new ordinary shares will rank pari passu with the Company's existing
ordinary shares.
Extension of Warrants from August 2023 Capital Raise
The Board has approved an extension to the expiry date of warrants awarded as
part of the Company's placing completed in August 2023. The expiry date of all
remaining warrants has been extended by 36 months to 6 September 2029, on
otherwise unchanged terms.
Two Directors, Omar Ahmad and Hamza Choudhry, hold approximately 79% of the
remaining outstanding warrants and are therefore related parties under the AIM
Rules. The Directors believe that this will benefit the Company by
incentivising the relevant directors to continue to drive the Company's
projects forward for the benefit of all shareholders and will, when exercised,
provide funds for the Company.
Warrant holder Number Exercise Price Revised Expiry
Omar Ahmad 150,000,000 0.1p 6 September 2026
Hamza Choudhry 40,000,000 0.1p 6 September 2026
Michael Joseph 50,000,000 0.1p 6 September 2026
Total 240,000,000
All of the warrant holders have given their consent to this change in
accordance with the terms of these instruments.
Share Option Awards - Summary of Terms
In order to continue to retain and incentivise the services of the Directors,
and to align their interests with those of the Company and its shareholders,
the Board has approved the following awards of options to subscribe for new
ordinary shares:
Name Number Exercise Price Date Appointed
Omar Ahmad (CEO) 150,000,000 0.1211p 5 September 2024
Hamza Choudhry (CFO) 150,000,000 0.1211p 5 September 2024
Azib Khan (CCO) 150,000,000 0.1211p 5 December 2024
Brian Chu (NED) 40,000,000 0.1211p 3 December 2024
Total 490,000,000
There are 110,000,000 options already in issue: 50,000,000 held by Azib Khan
and the remaining 60,000,000 held by employees and former directors. The
existing options and proposed options held by current directors will represent
c.10% of the issued share capital.
All options are to have an expiry of 10 years from the Date of Issuance, with
an exercise price of 0.1211p. The exercise price represents a 26% discount
to the VWAP for the 7 trading days ended 31 January 2025 (being the first
anniversary of the previous award to Azib), a 50% premium to the 7-day VWAP
ended 17 September 2024 (being the date Omar and Hamza were appointed as
directors) and a c.7% discount to the current share price (c.0.13p).
The options are subject to the following performance and time-based vesting
conditions:
(a) 15% of options vest if the 1-month VWAP reaches 0.2422p, being 2 times
the exercise price, or more at any time within 2 years from the Date of
Appointment;
(b) 15% of options vest if the 1-month VWAP reaches 0.3633p, being 3 times
the exercise price, or more at any time within 2 years from the Date of
Appointment;
(c) 20% of options issued vest on the first anniversary of the Date of
Appointment, subject to continued employment;
(d) 20% of options issued vest on the second anniversary of the Date of
Appointment, subject to continued employment;
(e) 15% of options issued vest on the third anniversary of the Date of
Appointment, subject to continued employment; and
(f) 15% of options issued vest on the fourth anniversary of the Date of
Appointment, subject to continued employment.
For the purposes of the above, "1-month VWAP" means the volume weighted
average price of the Company's ordinary shares over the 20 trading days
immediately preceding the relevant test date.
Within each tranche of options, once the vesting criteria is achieved, 50% may
be exercised immediately and the remaining 50% may be exercised from the date
3months following vesting.
The vesting of all options is conditional upon the option holder remaining
engaged, employed or appointed by the Company at the relevant vesting date and
typical good leaver/bad leaver provisions.
In relation to the award of options to non-executive directors, such as Brian
Chu, there is some debate as to whether an interest in the shares can impugn
their independence, chiefly amongst regulators and proxy advisers. However,
market practice for smaller companies is making such awards more common
providing they are at a relatively minimal level on the basis that such
smaller companies need to attract and retain senior NEDs that they could not
otherwise afford.
In this instance, the award has a total exercise value of £48,440. Mr Chu
confirms that he is independently wealthy and not dependent on his salary from
GEO or this award. As such, the directors believe this award is appropriate
and necessary to secure the services of Mr Chu and align his interests with
those of the Company and its shareholders.
Summary of Directors' Interests
After the issuance of the above shares and securities the Directors have the
following holdings of GEO securities.
Name Previous Shareholding New Shares Total Shares Warrants Options Percentage of issued share capital Percentage of fully diluted issued share capital
Omar Ahmad 477,949,240 46,100,000 524,049,240 150,000,000 150,000,000 8.94 12.30
Hamza Choudhry 168,319,990 46,100,000 214,419,990 40,000,000 150,000,000 3.66 6.04
Azib Khan - 101,075,000 101,075,000 - 150,000,000 1.72 4.49
Brian Chu - 3,062,832 3,062,832 - 40,000,000 0.05 0.64
Total Directors' interests 646,269,230 196,337,832 842,607,062 190,000,000 490,000,000 14.38 23.47
Total shares in issue 5,663,107,159 5,859,444,991
Related Party Transactions
Certain of the arrangements described in this announcement constitute related
party transactions for the purposes of the AIM Rules.
In relation to the share options awards, as all of the directors are receiving
awards there are no independent directors for the purposes of AIM Rule 13.
Accordingly, SPARK Advisory Partners Limited, the Company's nominated adviser,
considers that the terms of the proposed awards are fair and reasonable
insofar as the Company's shareholders are concerned.
In relation to the warrants terms amendments, the Independent Directors for
the purpose of AIM Rule 13, being all of the Directors other than Omar Ahmad
and Hamza Choudhry, consider, having consulted with SPARK Advisory Partners
Limited, the Company's nominated adviser, that the terms of the proposed
amendments are fair and reasonable insofar as the Company's shareholders are
concerned.
In relation to the issue of fully paid ordinary shares to Omar Ahmad, Hamza
Choudhry and Azib Khan, the only Independent Director is Brian Chu.
Accordingly, the Independent Director, having consulted with SPARK Advisory
Partners Limited, considers that the terms of the proposed share issuance are
fair and reasonable insofar as the Company's shareholders are concerned.
Admission and Total Voting Rights
Application will be made to AIM for admission of the Consideration Shares (the
"New Ordinary Shares"), which will rank pari passu with the existing Ordinary
Shares. Admission is expected to become effective, and dealings in the New
Ordinary Shares to commence, on or around 8.00 a.m. on 11 February 2026.
Following Admission, the Company's issued share capital will comprise of
5,859,444,991 Ordinary Shares, each carrying one vote per share. Accordingly,
the figure of 5,859,444,991 may be used by shareholders as the denominator for
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 FCA's
Disclosure Guidance and Transparency Rules.
The information contained within this announcement is deemed by the Company to
constitute inside information under the UK Market Abuse Regulations ("MAR").
Upon the publication of this announcement via a Regulatory Information Service
("RIS"), this inside information is now considered to be in the public domain.
For further information please visit: www.geoexplorationlimited.com
(http://www.geoexplorationlimited.com) or contact:
GEO Exploration Limited investors@geoexpltd.com
Hamza Choudhry, CFO and Executive Director
SPARK Advisory Partners Limited (Nominated Adviser) +44 (0) 20 3368 3555
Andrew Emmott, Dillon Wall
CMC Markets (Joint Broker) +44 (0) 20 3003 8632
Douglas Crippen
SI Capital Limited (Joint Broker) +44 (0) 14 8341 3500
Nick Emerson
Follow us on social media
This announcement has been issued by and is the sole responsibility of the
Company.
The Board notes that, at the time of appointment, the relevant directors
elected to receive equity in lieu of cash remuneration, having regard to the
Company's circumstances at that time, including its stage of development,
capital priorities and liquidity considerations. The Board considers that this
approach appropriately aligned the directors with shareholders from the
outset, preserved cash resources for operational and strategic purposes, and
was consistent with market practice for AIM-listed companies at a comparable
stage.
All new ordinary shares will rank pari passu with the Company's existing
ordinary shares.
Extension of Warrants from August 2023 Capital Raise
The Board has approved an extension to the expiry date of warrants awarded as
part of the Company's placing completed in August 2023. The expiry date of all
remaining warrants has been extended by 36 months to 6 September 2029, on
otherwise unchanged terms.
Two Directors, Omar Ahmad and Hamza Choudhry, hold approximately 79% of the
remaining outstanding warrants and are therefore related parties under the AIM
Rules. The Directors believe that this will benefit the Company by
incentivising the relevant directors to continue to drive the Company's
projects forward for the benefit of all shareholders and will, when exercised,
provide funds for the Company.
Warrant holder Number Exercise Price Revised Expiry
Omar Ahmad 150,000,000 0.1p 6 September 2026
Hamza Choudhry 40,000,000 0.1p 6 September 2026
Michael Joseph 50,000,000 0.1p 6 September 2026
Total 240,000,000
All of the warrant holders have given their consent to this change in
accordance with the terms of these instruments.
Share Option Awards - Summary of Terms
In order to continue to retain and incentivise the services of the Directors,
and to align their interests with those of the Company and its shareholders,
the Board has approved the following awards of options to subscribe for new
ordinary shares:
Name Number Exercise Price Date Appointed
Omar Ahmad (CEO) 150,000,000 0.1211p 5 September 2024
Hamza Choudhry (CFO) 150,000,000 0.1211p 5 September 2024
Azib Khan (CCO) 150,000,000 0.1211p 5 December 2024
Brian Chu (NED) 40,000,000 0.1211p 3 December 2024
Total 490,000,000
There are 110,000,000 options already in issue: 50,000,000 held by Azib Khan
and the remaining 60,000,000 held by employees and former directors. The
existing options and proposed options held by current directors will represent
c.10% of the issued share capital.
All options are to have an expiry of 10 years from the Date of Issuance, with
an exercise price of 0.1211p. The exercise price represents a 26% discount
to the VWAP for the 7 trading days ended 31 January 2025 (being the first
anniversary of the previous award to Azib), a 50% premium to the 7-day VWAP
ended 17 September 2024 (being the date Omar and Hamza were appointed as
directors) and a c.7% discount to the current share price (c.0.13p).
The options are subject to the following performance and time-based vesting
conditions:
(a) 15% of options vest if the 1-month VWAP reaches 0.2422p, being 2 times
the exercise price, or more at any time within 2 years from the Date of
Appointment;
(b) 15% of options vest if the 1-month VWAP reaches 0.3633p, being 3 times
the exercise price, or more at any time within 2 years from the Date of
Appointment;
(c) 20% of options issued vest on the first anniversary of the Date of
Appointment, subject to continued employment;
(d) 20% of options issued vest on the second anniversary of the Date of
Appointment, subject to continued employment;
(e) 15% of options issued vest on the third anniversary of the Date of
Appointment, subject to continued employment; and
(f) 15% of options issued vest on the fourth anniversary of the Date of
Appointment, subject to continued employment.
For the purposes of the above, "1-month VWAP" means the volume weighted
average price of the Company's ordinary shares over the 20 trading days
immediately preceding the relevant test date.
Within each tranche of options, once the vesting criteria is achieved, 50% may
be exercised immediately and the remaining 50% may be exercised from the date
3 months following vesting.
The vesting of all options is conditional upon the option holder remaining
engaged, employed or appointed by the Company at the relevant vesting date and
typical good leaver/bad leaver provisions.
In relation to the award of options to non-executive directors, such as Brian
Chu, there is some debate as to whether an interest in the shares can impugn
their independence, chiefly amongst regulators and proxy advisers. However,
market practice for smaller companies is making such awards more common
providing they are at a relatively minimal level on the basis that such
smaller companies need to attract and retain senior NEDs that they could not
otherwise afford.
In this instance, the award has a total exercise value of £48,440. Mr Chu
confirms that he is independently wealthy and not dependent on his salary from
GEO or this award. As such, the directors believe this award is appropriate
and necessary to secure the services of Mr Chu and align his interests with
those of the Company and its shareholders.
Summary of Directors' Interests
After the issuance of the above shares and securities the Directors have the
following holdings of GEO securities.
Name Previous Shareholding New Shares Total Shares Warrants Options Percentage of issued share capital Percentage of fully diluted issued share capital
Omar Ahmad 477,949,240 46,100,000 524,049,240 150,000,000 150,000,000 8.94 12.30
Hamza Choudhry 168,319,990 46,100,000 214,419,990 40,000,000 150,000,000 3.66 6.04
Azib Khan - 101,075,000 101,075,000 - 150,000,000 1.72 4.49
Brian Chu - 3,062,832 3,062,832 - 40,000,000 0.05 0.64
Total Directors' interests 646,269,230 196,337,832 842,607,062 190,000,000 490,000,000 14.38 23.47
Total shares in issue 5,663,107,159 5,859,444,991
Related Party Transactions
Certain of the arrangements described in this announcement constitute related
party transactions for the purposes of the AIM Rules.
In relation to the share options awards, as all of the directors are receiving
awards there are no independent directors for the purposes of AIM Rule 13.
Accordingly, SPARK Advisory Partners Limited, the Company's nominated adviser,
considers that the terms of the proposed awards are fair and reasonable
insofar as the Company's shareholders are concerned.
In relation to the warrants terms amendments, the Independent Directors for
the purpose of AIM Rule 13, being all of the Directors other than Omar Ahmad
and Hamza Choudhry, consider, having consulted with SPARK Advisory Partners
Limited, the Company's nominated adviser, that the terms of the proposed
amendments are fair and reasonable insofar as the Company's shareholders are
concerned.
In relation to the issue of fully paid ordinary shares to Omar Ahmad, Hamza
Choudhry and Azib Khan, the only Independent Director is Brian Chu.
Accordingly, the Independent Director, having consulted with SPARK Advisory
Partners Limited, considers that the terms of the proposed share issuance are
fair and reasonable insofar as the Company's shareholders are concerned.
Admission and Total Voting Rights
Application will be made to AIM for admission of the Consideration Shares (the
"New Ordinary Shares"), which will rank pari passu with the existing Ordinary
Shares. Admission is expected to become effective, and dealings in the New
Ordinary Shares to commence, on or around 8.00 a.m. on 11 February 2026.
Following Admission, the Company's issued share capital will comprise of
5,859,444,991 Ordinary Shares, each carrying one vote per share. Accordingly,
the figure of 5,859,444,991 may be used by shareholders as the denominator for
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 FCA's
Disclosure Guidance and Transparency Rules.
The information contained within this announcement is deemed by the Company to
constitute inside information under the UK Market Abuse Regulations ("MAR").
Upon the publication of this announcement via a Regulatory Information Service
("RIS"), this inside information is now considered to be in the public domain.
For further information please visit: www.geoexplorationlimited.com
(http://www.geoexplorationlimited.com) or contact:
GEO Exploration Limited
Hamza Choudhry, CFO and Executive Director
investors@geoexpltd.com
SPARK Advisory Partners Limited (Nominated Adviser)
Andrew Emmott, Dillon Wall
+44 (0) 20 3368 3555
CMC Markets (Joint Broker)
Douglas Crippen
+44 (0) 20 3003 8632
SI Capital Limited (Joint Broker)
Nick Emerson
+44 (0) 14 8341 3500
Follow us on social media
This announcement has been issued by and is the sole responsibility of the
Company.
The Board notes that, at the time of appointment, the relevant directors
elected to receive equity in lieu of cash remuneration, having regard to the
Company's circumstances at that time, including its stage of development,
capital priorities and liquidity considerations. The Board considers that this
approach appropriately aligned the directors with shareholders from the
outset, preserved cash resources for operational and strategic purposes, and
was consistent with market practice for AIM-listed companies at a comparable
stage.
All new ordinary shares will rank pari passu with the Company's existing
ordinary shares.
Extension of Warrants from August 2023 Capital Raise
The Board has approved an extension to the expiry date of warrants awarded as
part of the Company's placing completed in August 2023. The expiry date of all
remaining warrants has been extended by 36 months to 6 September 2029, on
otherwise unchanged terms.
Two Directors, Omar Ahmad and Hamza Choudhry, hold approximately 79% of the
remaining outstanding warrants and are therefore related parties under the AIM
Rules. The Directors believe that this will benefit the Company by
incentivising the relevant directors to continue to drive the Company's
projects forward for the benefit of all shareholders and will, when exercised,
provide funds for the Company.
Warrant holder Number Exercise Price Revised Expiry
Omar Ahmad 150,000,000 0.1p 6 September 2026
Hamza Choudhry 40,000,000 0.1p 6 September 2026
Michael Joseph 50,000,000 0.1p 6 September 2026
Total 240,000,000
All of the warrant holders have given their consent to this change in
accordance with the terms of these instruments.
Share Option Awards - Summary of Terms
In order to continue to retain and incentivise the services of the Directors,
and to align their interests with those of the Company and its shareholders,
the Board has approved the following awards of options to subscribe for new
ordinary shares:
Name Number Exercise Price Date Appointed
Omar Ahmad (CEO) 150,000,000 0.1211p 5 September 2024
Hamza Choudhry (CFO) 150,000,000 0.1211p 5 September 2024
Azib Khan (CCO) 150,000,000 0.1211p 5 December 2024
Brian Chu (NED) 40,000,000 0.1211p 3 December 2024
Total 490,000,000
There are 110,000,000 options already in issue: 50,000,000 held by Azib Khan
and the remaining 60,000,000 held by employees and former directors. The
existing options and proposed options held by current directors will represent
c.10% of the issued share capital.
All options are to have an expiry of 10 years from the Date of Issuance, with
an exercise price of 0.1211p. The exercise price represents a 26% discount
to the VWAP for the 7 trading days ended 31 January 2025 (being the first
anniversary of the previous award to Azib), a 50% premium to the 7-day VWAP
ended 17 September 2024 (being the date Omar and Hamza were appointed as
directors) and a c.7% discount to the current share price (c.0.13p).
The options are subject to the following performance and time-based vesting
conditions:
(a) 15% of options vest if the 1-month VWAP reaches 0.2422p, being 2 times
the exercise price, or more at any time within 2 years from the Date of
Appointment;
(b) 15% of options vest if the 1-month VWAP reaches 0.3633p, being 3 times
the exercise price, or more at any time within 2 years from the Date of
Appointment;
(c) 20% of options issued vest on the first anniversary of the Date of
Appointment, subject to continued employment;
(d) 20% of options issued vest on the second anniversary of the Date of
Appointment, subject to continued employment;
(e) 15% of options issued vest on the third anniversary of the Date of
Appointment, subject to continued employment; and
(f) 15% of options issued vest on the fourth anniversary of the Date of
Appointment, subject to continued employment.
For the purposes of the above, "1-month VWAP" means the volume weighted
average price of the Company's ordinary shares over the 20 trading days
immediately preceding the relevant test date.
Within each tranche of options, once the vesting criteria is achieved, 50% may
be exercised immediately and the remaining 50% may be exercised from the date
3 months following vesting.
The vesting of all options is conditional upon the option holder remaining
engaged, employed or appointed by the Company at the relevant vesting date and
typical good leaver/bad leaver provisions.
In relation to the award of options to non-executive directors, such as Brian
Chu, there is some debate as to whether an interest in the shares can impugn
their independence, chiefly amongst regulators and proxy advisers. However,
market practice for smaller companies is making such awards more common
providing they are at a relatively minimal level on the basis that such
smaller companies need to attract and retain senior NEDs that they could not
otherwise afford.
In this instance, the award has a total exercise value of £48,440. Mr Chu
confirms that he is independently wealthy and not dependent on his salary from
GEO or this award. As such, the directors believe this award is appropriate
and necessary to secure the services of Mr Chu and align his interests with
those of the Company and its shareholders.
Summary of Directors' Interests
After the issuance of the above shares and securities the Directors have the
following holdings of GEO securities.
Name Previous Shareholding New Shares Total Shares Warrants Options Percentage of issued share capital Percentage of fully diluted issued share capital
Omar Ahmad 477,949,240 46,100,000 524,049,240 150,000,000 150,000,000 8.94 12.30
Hamza Choudhry 168,319,990 46,100,000 214,419,990 40,000,000 150,000,000 3.66 6.04
Azib Khan - 101,075,000 101,075,000 - 150,000,000 1.72 4.49
Brian Chu - 3,062,832 3,062,832 - 40,000,000 0.05 0.64
Total Directors' interests 646,269,230 196,337,832 842,607,062 190,000,000 490,000,000 14.38 23.47
Total shares in issue 5,663,107,159 5,859,444,991
Related Party Transactions
Certain of the arrangements described in this announcement constitute related
party transactions for the purposes of the AIM Rules.
In relation to the share options awards, as all of the directors are receiving
awards there are no independent directors for the purposes of AIM Rule 13.
Accordingly, SPARK Advisory Partners Limited, the Company's nominated adviser,
considers that the terms of the proposed awards are fair and reasonable
insofar as the Company's shareholders are concerned.
In relation to the warrants terms amendments, the Independent Directors for
the purpose of AIM Rule 13, being all of the Directors other than Omar Ahmad
and Hamza Choudhry, consider, having consulted with SPARK Advisory Partners
Limited, the Company's nominated adviser, that the terms of the proposed
amendments are fair and reasonable insofar as the Company's shareholders are
concerned.
In relation to the issue of fully paid ordinary shares to Omar Ahmad, Hamza
Choudhry and Azib Khan, the only Independent Director is Brian Chu.
Accordingly, the Independent Director, having consulted with SPARK Advisory
Partners Limited, considers that the terms of the proposed share issuance are
fair and reasonable insofar as the Company's shareholders are concerned.
Admission and Total Voting Rights
Application will be made to AIM for admission of the Consideration Shares (the
"New Ordinary Shares"), which will rank pari passu with the existing Ordinary
Shares. Admission is expected to become effective, and dealings in the New
Ordinary Shares to commence, on or around 8.00 a.m. on 11 February 2026.
Following Admission, the Company's issued share capital will comprise of
5,859,444,991 Ordinary Shares, each carrying one vote per share. Accordingly,
the figure of 5,859,444,991 may be used by shareholders as the denominator for
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 FCA's
Disclosure Guidance and Transparency Rules.
The information contained within this announcement is deemed by the Company to
constitute inside information under the UK Market Abuse Regulations ("MAR").
Upon the publication of this announcement via a Regulatory Information Service
("RIS"), this inside information is now considered to be in the public domain.
For further information please visit: www.geoexplorationlimited.com
(http://www.geoexplorationlimited.com) or contact:
GEO Exploration Limited
Hamza Choudhry, CFO and Executive Director
investors@geoexpltd.com
SPARK Advisory Partners Limited (Nominated Adviser)
Andrew Emmott, Dillon Wall
+44 (0) 20 3368 3555
CMC Markets (Joint Broker)
Douglas Crippen
+44 (0) 20 3003 8632
SI Capital Limited (Joint Broker)
Nick Emerson
+44 (0) 14 8341 3500
Follow us on social media
This announcement has been issued by and is the sole responsibility of the
Company.
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
or visit
www.rns.com (http://www.rns.com/)
.
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
. END DSHFZGGZGVMGVZG
Copyright 2019 Regulatory News Service, all rights reservedRecent news on GEO Exploration
See all newsREG - Geo Exploration Ltd - Holding(s) in Company
AnnouncementREG - Geo Exploration Ltd - PDMR & Major Shareholding Notifications
AnnouncementREG - Geo Exploration Ltd - Directors' Equity, Options and Warrant Extension
AnnouncementREG - Geo Exploration Ltd - Gorge and Namibia Update and Issue of Shares
AnnouncementREG - Geo Exploration Ltd - Juno Project Drill Results
Announcement