REG - Georgina Energy PLC - Issue of Performance Shares

Georgina EnergyAnnouncement

14/04/2025 08:00

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RNS Number : 8730E  Georgina Energy PLC  14 April 2025

THIS ANNOUNCEMENT RELATES TO THE DISCLOSURE OF INFORMATION THAT QUALIFIED OR
MAY HAVE QUALIFIED AS INSIDE INFORMATION WITHIN THE MEANING OF (A) ARTICLE
7(1) OF UK MAR IN SO FAR AS IT RELATES TO ORDINARY SHARES ISSUED BY GEORGINA
ENERGY PLC

 

14 April 2025

Georgina Energy plc

Issue of Performance Shares

The Company has issued 6,500,000 performance shares ("Performance Shares") to
Westmarket Corporation Pty Ltd, a company owned equally by Anthony Hamilton
and Mark Wallace, directors of the Company. The performance shares are issued
following the increased mineral resource estimate of the Company's EP513
asset, as reported on 17 October 2025.

The Performance Shares formed part of the total consideration for Georgina
Energy plc at the time of the company's reverse takeover as set out in the
prospectus dated 11 July 2024.

Director Holdings Summary

Following the issue of the Performance Shares, the aggregate holdings of
Anthony Hamilton and Mark Wallace are as follows:

                   Current Holdings (1,2,3)  % Current  Performance Shares (4)  Total       % following Admission
 Anthony Hamilton  10,788,558                11.1%      3,250,000               14,038,558  13.6%

 Mark Wallace      10,788,558                11.1%      3,250,000               14,038,558  13.6%

 

Notes

1. Anthony Hamilton and Mark Wallace each hold 50% of Westmarket Corporation
Pty Ltd, a holder of 21,443,579 ordinary shares

2. Anthony Hamilton holds the entire issued share capital in Leaky Boat Super
Pty Ltd, a holder of 66,768 ordinary shares

3. Mark Wallace holds the entire issued share capital in Mordale Super Pty
Ltd, a holder of 66,768 ordinary shares

4. 6,500,000 Performance Shares shall be issued to Westmarket Corporation Pty
Ltd, a company owned equally by Anthony Hamilton and Mark Wallace

 

Lock in Agreement

The Performance Shares shall be locked in for a period of 24 months from the
date of admission.

Admission

The Company will seek admission of the 6,500,000 New Ordinary Shares to
trading on the Equity (transition) category of the Official List and the
London Stock Exchange at 8.00 a.m. on 18 April 2025 ("Admission").

Total Voting Rights

In accordance with the FCA's Disclosure Guidance and Transparency Rules, the
Company confirms that following Admission, the Company's enlarged share
capital will comprise 103,593,987 Ordinary Shares. The Company does not hold
any Ordinary Shares in Treasury. Therefore, following Admission, the above
figure may be used by shareholders in the Company as the denominator for the
calculations to determine if 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.

 

 

END

 

Enquiries

 

Georgina Energy

 Tony Hamilton  via georginaenergy@apcoworldwide.com (mailto:georginaenergy@apcoworldwide.com)
 Mark Wallace

Tavira Financial Ltd - Financial Adviser and Joint Broker

 Jonathan Evans     +44 (0)20 3833 3719 (tel:+442038333719)
 Oliver Stansfield

 

Oak Securities - Joint Broker

 Jerry Keen       +44 (0)203 973 3678 (tel:+442039733678)
 Henry Clarke
 Dillon Anadkat

 

Financial PR via georginaenergy@apcoworldwide.com
(mailto:georginaenergy@apcoworldwide.com)

 Violet Wilson  +44 (0)203 757 4980
 Letaba Rimell

 

Notes to Editors

 

Georgina Energy aims to become a leading player in the global energy market
and is focused on establishing itself among the top producers of helium and
hydrogen worldwide. With a strategic approach and leveraging the experienced
management team's expertise, Georgina Energy aims to capitalize on
opportunities in these critical energy sectors.

 

Georgina Energy has two principal onshore interests held through its wholly
owned Australian subsidiary, Westmarket O&G.  The first, the Hussar
Prospect is located in the Officer Basin in Western Australia and Westmarket
O&G holds a 100% working interest in the exploration permit.  The second,
the EPA155 Mt Winter Prospect, is located in the Amadeus Basin in the Northern
Territory and subject to completion of the Contract of Sale Georgina Energy
will hold a 100% working interest through Westmarket Oil & Gas Pty Ltd.

 

 

For more information visit https://www.georginaenergy.com
(https://www.georginaenergy.com/)

 

 

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