REG - Neo Energy Metals - Delay in Publication of Annual Report and Accounts

Neo Energy MetalsAnnouncement

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RNS Number : 2801R  Neo Energy Metals PLC  02 February 2026

Neo Energy Metals plc / LSE: NEO, A2X: NEO / Market: Main Market of the London
Stock Exchange

 

2 February 2026

 

Neo Energy Metals plc

('Neo Energy' or 'the Company')

 

Delay in Publication of Annual Report and Annual Accounts

Neo Energy Metals plc, the near-term, low-cost uranium developer, provides the
following update on the Company's audited annual financial statements for the
financial year ended 30 September 2025 ("FY2025 Results").

Following the lifting of the Company's suspension on 5 December 2025, the
Board and management team have focused on restoring the Company's reporting
timetable and strengthening alignment with applicable governance,
legislative, and regulatory requirements.

The audit of the FY2025 Results commenced on 18 December 2025. The management
team and the Company's external auditors worked continuously through the
festive period to meet the Company's target timeline for publication of the
FY2025 Results to the market.

The Company confirms that an Audit Committee meeting was held on 29 January
2026, at which the audited annual financial statements were reviewed and
approved.

The Company auditors in London is in the last stages of their audit review
which should be concluded in the next 2 weeks should no material matters
arise. While this process may take some additional time to finalise, the
Company remains committed to publishing the FY2025 Results during the month
of February 2026.

As a result, the Company listing will be suspended effectively Monday, 2
February 2026 at 7:30am

 

The Company will then proceed and publish the overdue financial statements and
then apply to the FCA for the listing to be restored.

 

In light of this unfortunate situation, the Company is committed to keeping
our shareholders informed during the suspension period.

 

Therefore, we will take the following actions:

 

1.    Provide weekly RNS updates, or more frequently if there are
significant changes to the timetable.

 

2.    Issue an immediate update if the expected publication date is
postponed. The Company will take the necessary steps to apply for the
reinstatement or lifting of the suspension immediately after publishing the
audited accounts.

 

This announcement contains inside information for the purposes of the UK
Market Abuse Regulation, and the Directors of the Company are responsible for
the release of this announcement.

END

About NEO Energy Metals Plc

Neo Energy Metals plc is a Uranium developer and mining company listed on the
main market of the London Stock Exchange (LSE: NEO).

The company and its South African Subsidiaries, namely Neo Uranium Resources
Beisa Mine (Pty) Limited and Neo Uranium Resources South Africa (Pty)
Ltd have continued to strengthen the uranium portfolio through conditional
agreements for the acquisitions of; 100% interest in the Beisa North
and Beisa South Uranium and Gold Projects and 100% interest in the Beatrix
4 mine and shaft complex, the processing plant complex and associated
infrastructure in the Witwatersrand Basin, located in the Free State Province
of South Africa. The combined projects total SAMREC Code compliant resource
base comprises, 117 million pounds of U₃O₈ and over 5 million ounces of
gold.

Additionally, the Company holds up to a 70% stake in the Henkries Uranium
Project, an advanced, low-cost mine located in South Africa's Northern Cape
Province and a 100% interest in the Henkries South Uranium Project,
extending the Henkries Project's strike length by 10km to a total of 46km of
shallow paleo-channels proven to host uranium mineralisation through extensive
drilling and feasibility studies backed by US$30 million in historic
exploration and development expenditure.

The Company is led by a proven board and management team with experience in
uranium and mineral project development in Southern Africa. Neo Energy's
strategy focuses on an accelerated development and production approach to
generate cash flow from Henkries while planning for long-term exploration and
portfolio growth in the highly prospective Uranium district of Africa.

The Company's shares are also listed on the A2X Markets (A2X: NEO), an
independent South African stock exchange, to expand its investor base and
facilitate strategic acquisitions of uranium projects, particularly within
South Africa.

 

For Enquiries Contact:

 Jason Brewer        Executive Chairman                      jason@neoenergymetals.com
 Theo Botoulas       Chief Executive Officer                 theo@neoenergymetals.com (mailto:theo@neoenergymetals.com)
 Faith Kinyanjui     Investor Relations                      faith@neoenergymetals.com
 Michelle Krastanov  Corporate Advisor - AcaciaCap Advisors  michelle@acaciacap.co.za

 

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