REG - Kefi Gold and Copper - Result of RetailBook Offer

KEFI Gold and CopperAnnouncement

24/03/2026 07:00

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RNS Number : 7783X  Kefi Gold and Copper PLC  24 March 2026

THIS ANNOUNCEMENT IS FOR INFORMATIONAL PURPOSES ONLY, AND DOES NOT CONSTITUTE
OR FORM PART OF ANY OFFER OR INVITATION TO SELL OR ISSUE, OR ANY SOLICITATION
OF AN OFFER TO PURCHASE OR SUBSCRIBE FOR, ANY SECURITIES OF KEFI GOLD AND
COPPER PLC.

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN WHOLE
OR IN PART, IN OR INTO OR WITHIN THE UNITED STATES, AUSTRALIA, CANADA, NEW
ZEALAND, JAPAN, THE REPUBLIC OF SOUTH AFRICA, ANY MEMBER STATE OF THE EUROPEAN
ECONOMIC AREA ("THE EEA") OR ANY OTHER JURISDICTION WHERE, OR TO ANY OTHER
PERSON TO WHOM, TO DO SO MIGHT CONSTITUTE A VIOLATION OR BREACH OF ANY
APPLICABLE LAW OR REGULATION. PLEASE SEE THE IMPORTANT NOTICE AT THE END OF
THIS ANNOUNCEMENT.

24 March 2026

KEFI Gold and Copper plc

("KEFI" or the "Company")

Result of RetailBook Offer

 

KEFI (AIM: KEFI), a gold and copper exploration and development company
focused on the Arabian Nubian Shield with a pipeline of projects in the
Federal Democratic Republic of Ethiopia, and the Kingdom of Saudi Arabia,
announced on 19 March 2026 the launch of a fundraising comprising a Firm
Placing, a Conditional Placing and a Conditional Subscription in conjunction
with a RetailBook Offer.

The Company is pleased to announce that the RetailBook Offer successfully
completed and closed at 4.30 p.m. on 23 March 2026 and that it has
conditionally raised approximately £941,574 in the RetailBook Offer through
the issue of 78,464,474 new Ordinary Shares at the Issue Price of 1.2 pence
per share.

Following the close of the RetailBook Offer, the Company has conditionally
raised gross proceeds of approximately £35.6 million at the Issue Price via
the Fundraising. The Company will therefore be required to issue and allot a
total of 2,964,194,769 new Ordinary Shares to satisfy the Fundraising.

The RetailBook Offer is conditional upon the fundraising resolutions being
duly passed without amendment at the Company's General Meeting to be held on
or around 14 April 2026 and Admission becoming effective at 8:00 am on 16
April 2026 (or such later date as the Company and its advisers may agree, but
not later than 8:00 am on 30 April 2026).

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 launch announcement.

Enquiries:

 KEFI Gold and Copper plc                            Tel: +357 2225 6161

 Harry Anagnostaras-Adams (Executive Chairman)

 John Leach (Finance Director)

 RetailBook Limited

 Nick Smith / James Deal                             capitalmarkets@retailbook.com (mailto:capitalmarkets@retailbook.com)

 SP Angel Corporate Finance LLP (Nominated Adviser)  Tel: +44 20 3470 0470

 Jeff Keating / Caroline Rowe / Adam Cowl

 IFC Advisory Ltd (Financial PR and IR)              Tel: +44 20 3934 6632

 Tim Metcalfe / Florence Staton

 

Notes:

References to times in this Announcement are to London time unless otherwise
stated.

The times and dates mentioned throughout this Announcement may be adjusted by
the Company in which event the Company will make an appropriate announcement
to a Regulatory Information Service giving details of any revised dates and
the details of the new times and dates will be notified to London Stock
Exchange plc (the "London Stock Exchange") and, where appropriate,
Shareholders. Shareholders may not receive any further written communication.

IMPORTANT INFORMATION

This announcement is not for publication or distribution, directly or
indirectly, in or into the United States of America. This announcement is not
an offer of securities for sale into the United States. The securities
referred to herein have not been and will not be registered under the U.S.
Securities Act of 1933, as amended, and may not be offered or sold in the
United States, except pursuant to an applicable exemption from registration.
No public offering of securities is being made in the United States.

This announcement and the information contained herein is not for release,
publication or distribution, directly or indirectly, in whole or in part, in
or into Australia, Canada, New Zealand, Japan, the Republic of South Africa,
any member state of the EEA or any other jurisdiction where to do so might
constitute a violation of the relevant laws or regulations of such
jurisdiction.

This announcement does not constitute an offer to sell or issue or a
solicitation of an offer to buy or subscribe for new Ordinary Shares in
Australia, Canada, New Zealand, Japan, the Republic of South Africa, any
member state of the EEA or any other jurisdiction in which such offer or
solicitation is or may be unlawful. No public offer of the securities referred
to herein is being made in any such jurisdiction.

The distribution of this announcement may be restricted by law in certain
jurisdictions and persons into whose possession any document or other
information referred to herein comes should inform themselves about and
observe any such restriction. Any failure to comply with these restrictions
may constitute a violation of the securities laws of any such jurisdiction.

 

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