REG - Kefi Gold and Copper - Result of GM

KEFI Gold and CopperAnnouncement

26/03/2024 09:30

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RNS Number : 3245I  Kefi Gold and Copper PLC  26 March 2024

26 March 2024

KEFI Gold and Copper plc

("KEFI" or the "Company")

Result of GM

KEFI Gold and Copper plc (AIM: KEFI), the gold and copper exploration and
development company with projects in the Federal Democratic Republic of
Ethiopia and the Kingdom of Saudi Arabia, announces that at today's General
Meeting ("GM") of the Company all resolutions were duly passed.

The votes were cast as follows:

                                                                                  Votes For      % For   Votes Against  % Against  *Votes Withheld
 1. To authorise the Directors pursuant to Section 551 of the Companies Act       1,000,360,492  91.06%  96,434,866     8.78%      1,768,534
 2006 (the "Act") to allot shares and grant rights to subscribe for shares
 SPECIAL RESOLUTIONS

 2. To authorise the Directors under Section 570 of the Act to allot equity       1,000,662,114  91.09%  95,882,816     8.73%      2,018,962
 securities (within the meaning of Section 560 of the Act) as if Section 561 of
 the Act did not apply to such allotment

 

* Votes withheld are not a vote in law and were not included in the
calculations for the "for" and "against" percentages

Following the passing of the Resolutions, an application has been made for the
83,333,333 Conditional Remuneration Shares, to be admitted to trading on AIM
("Admission"). It is expected that Admission will become effective on or
around 8.00 a.m. on 27 March 2024.

Total Voting Rights

Following Admission, the total issued share capital of the Company will
consist of 5,881,107,455 Ordinary Shares each with voting rights. The Company
does not hold any Ordinary Shares in treasury. Therefore, the total number of
voting rights in the Company will be 5,881,107,455 and this figure may be used
by shareholders as the denominator for the calculations by which they will
determine if they are required to notify their interest in, or a change in
their interest in, the share capital of the Company under the FCA's Disclosure
Guidance and Transparency Rules.

Capitalised terms used in this announcement shall, unless defined in this
announcement or unless the context provides otherwise, bear the same meaning
ascribed to such terms in the announcement made by the Company at 4.35 p.m. on
4 March 2024.

Enquiries

 KEFI Gold and Copper plc
 Harry Anagnostaras-Adams (Executive Chairman)       +357 99457843
 John Leach (Finance Director)                       +357 99208130

 SP Angel Corporate Finance LLP (Nominated Adviser)  +44 (0) 20 3470 0470
 Jeff Keating, Adam Cowl

 Tavira Securities Limited (Lead Broker)             +44 (0) 20 7100 5100
 Oliver Stansfield, Jonathan Evans

 IFC Advisory Ltd (Financial PR and IR)              +44 (0) 20 3934 6630
 Tim Metcalfe, Florence Chandler

 3PPB LLC (Institutional IR)
 Patrick Chidley                                     +1 (917) 991 7701
 Paul Durham                                         +1-203-940-2538

Further information can be viewed at https://www.kefi-goldandcopper.com
(https://www.kefi-goldandcopper.com)

Notification and public disclosure of transactions by persons discharging
managerial responsibilities and persons closely associated with them:

 1.            Details of the person discharging managerial responsibilities/person closely
               associated
 a)            Name:                                                         1.    Harry Anagnostaras-Adams

                                                                             2.    John Leach
 2.            Reason for the notification
 a)            Position/status:                                              1.    Executive Chairman

                                                                             2.    Finance Director
 b)            Initial notification/Amendment:                               Initial notification
 3.            Details of the issuer, emission allowance market participant, auction
               platform, auctioneer or auction monitor
 a)            Name:                                                         KEFI Gold and Copper plc
 b)            LEI:                                                          GB00BD8GP619
 4.            Details of the transaction(s): section to be repeated for (i) each type of
               instrument; (ii) each type of transaction; (iii) each date; and (iv) each
               place where transactions have been conducted
 a)            Description of the financial instrument, type of instrument:  Ordinary shares of £0.001 each

               Identification code:                                          GB00BD8GP619

 b)            Nature of the transaction:                                    Shares in lieu of cash
 c)            Price(s) and volume(s):

    Price(s)  Volume(s)
                                                                             1 0.6p      33,333,333
                                                                             2 0.6p      16,666,667

 

 d)            Aggregated information:                                       Single transactions as in 4 c) above

    Price(s)  Volume(s)
               Aggregated volume:                                            1 0.6p      33,333,333

                                                             2 0.6p      16,666,667
               Price:

 

 e)            Date of the transaction:                                      26 March 2024
 f)            Place of the transaction:                                     Outside a trading venue

 

 

d)

Aggregated information:

Aggregated volume:

Price:

 

Single transactions as in 4 c) above

     Price(s)  Volume(s)
 1   0.6p      33,333,333
 2   0.6p      16,666,667

 

e)

Date of the transaction:

26 March 2024

f)

Place of the transaction:

Outside a trading venue

 

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