RCS - Shareholder ActionGP - Lift Global Ventures EGM - re. voting

Lift Global Ventures

22/01/2026 11:35

RNS Number : 9925P

Shareholder Action Group

22 January 2026

 

AQSE: LIFT

 

SHAREHOLDER ACTION GROUP

Re: Lift Global Ventures Plc

The Shareholder Action Group ("SAG"), comprising dissatisfied shareholders of Lift Global Ventures Plc ("Lift"), has requisitioned an Extraordinary General Meeting ("EGM"), to take place on 10 February 2026.

The purpose of the EGM is for shareholders to consider and vote on resolutions to remove three Directors: Mark Horrocks, David Richards and Sandy Barblett.

The EGM arises from a number of serious concerns, including:

l
the handling of the TAE Ghana loan, which SAG considers to be in default and to require forensic investigation and recovery efforts;
l
the Board's AI investment strategy, which has deficiencies;
l
the Board's presentation of the adjournment of the 12 December AGM (after seven of nine resolutions were rejected on proxy votes) and its subsequent decision to hold the adjourned AGM before the EGM on the same day, which SAG considers improper; and
l
the conduct and past company associations of the three above-named directors; SAG questions whether they are acting in the best interests of Lift shareholders as a whole.

 

SAG urges shareholders to vote in favour of the EGM resolutions to remove the three Directors and calls on the three Directors to resign before 10 February 2026.

 

A document containing further details of SAG's concerns is available via Howard White or Adnan Sajid whose contact details are below.

Enquiries:

 

Howard White, Shareholder

E: howwhite@hotmail.com 

M: 07795 235 181

 

Adnan Sajid, Senior Partner

Firasat Capital Partners LLP

E: adnan@firasatcapital.com

M: 07767 763 341

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