REG - Indus Gas Limited - Result of EGM and Matched Bargain Facility

Indus GasAnnouncement

08/01/2026 13:45

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RNS Number : 2173O  Indus Gas Limited  08 January 2026

8 January 2026

INDUS GAS LIMITED

("Indus" or the "Company")

Result of EGM and Matched Bargain Facility Details

The Board of Directors of Indus Gas Limited (AIM: IDNI) announces that at the
Extraordinary General Meeting of the Company held earlier today (the "General
Meeting"), the single resolution to approve the cancellation of the admission
of the Company's ordinary shares to trading on AIM (the "Cancellation") was
duly passed.

The full text of the resolution can be found in the Notice of the
Extraordinary General Meeting set out at the end of the Circular to
shareholders of the Company dated 22 December 2025 in relation to the
Cancellation, a copy of which is available on the Company's website at
https://www.indusgas.com/ (https://www.indusgas.com/) .

The total votes cast on the resolution, incorporating proxy votes lodged in
advance of the General Meeting, were as set out below:

 Resolution                                                      Votes For       %       Votes Against  %      Votes Total  % of issued share capital voted(1)  Votes Withheld(3)
 Cancellation of admission of ordinary shares to trading on AIM  166,298,051(2)  95.95%  7,025,573      4.05%  173,323,624  94.73%                              -

(1.)    As at the close of business on 7 January 2026, the total number of
ordinary shares of £0.01 each eligible to be voted at the General Meeting was
182,973,924. Therefore, the total voting rights in the Company as at that time
was 182,973,924.

(2.)    Includes 'Votes For' in respect of 103,679,486 Ordinary Shares
beneficially owned by Gynia Holdings Limited and 47,557,622 Ordinary Shares
beneficially owned by Focusoil, Inc., the subject of irrevocable voting
undertakings executed in favour of the Company.

(3.)    A 'Vote Withheld' is not a vote in law and is not counted in the
calculation of the votes for or against the resolution.

Cancellation

In accordance with Rule 41 of the AIM Rules for Companies, cancellation of the
admission of the Company's Ordinary Shares to trading on AIM is expected to
become effective at 7.00 a.m. on Friday, 23 January 2026 and accordingly, the
last day of dealings in the Company's Ordinary Shares on AIM is expected to be
Thursday, 22 January 2026. Any amendments to this timetable will be notified
to shareholders.

Matched Bargain Facility

The Company has made arrangements for the Matched Bargain Facility to assist
Shareholders to trade in the Ordinary Shares from the date of Cancellation.
The Matched Bargain Facility will be provided by J P Jenkins, J P Jenkins is a
company incorporated in England & Wales with a registered number 08014724
and whose registered office is at 101 Wigmore Street, 5th Floor, London,
England, W1U1QU. J P Jenkins (FRN:1037394) is authorised and regulated by the
Financial Conduct Authority.

Under the Matched Bargain Facility, Shareholders or persons wishing to acquire
or dispose of Ordinary Shares will be able to leave an indication with J P
Jenkins, through their stockbroker, of the number of Ordinary Shares that they
are prepared to buy or sell and the price at which they are prepared to do so.
Upon the Cancellation becoming effective, the Matched Bargain Facility will
commence, and details will be made available to Shareholders on the Company's
website. It should be noted, however, that there is no guarantee as to the
liquidity such a facility would afford the Ordinary Shares post Cancellation.

Shareholders will continue to be able to hold their shares in uncertificated
form (i.e. in CREST) and should check with their existing stockbroker whether
they are willing or able to trade in unquoted shares.

The Matched Bargain Facility is intended to operate for a minimum of twelve
months after Cancellation. The current intention is that it will continue
beyond that time, but Shareholders should note it could be withdrawn at short
notice and therefore inhibit Shareholders' ability to trade the Ordinary
Shares.

Defined terms not otherwise defined within this announcement have the same
meanings as given in the announcement relating to the Cancellation released by
the Company on 22 December 2025.

For further information, please contact:

 Indus Gas Limited
 Jonathan Keeling                                                      +44 (0) 20 8133 3375

 Strand Hanson Limited (Nominated & Financial Adviser and Broker)
 Ritchie Balmer, Rory Murphy, Edward Foulkes                           +44 (0) 20 7409 3494

This announcement contains inside information for the purposes of Article 7 of
the Market Abuse Regulation (EU) 596/2014 as it forms part of UK domestic law
by virtue of the European Union (Withdrawal) Act 2018, as amended.

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