REG - Neo Energy Metals - Suspension of CFO

Neo Energy MetalsAnnouncement

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RNS Number : 3653H  Neo Energy Metals PLC  08 June 2026

 

Neo Energy Metals plc

("Neo Energy" or the "Company")

Suspension of CFO

 

Neo Energy Metals plc (LSE: NEO; A2X: NEO), the uranium and gold development
company focused on South Africa, announces that the Company's Board has
suspended its Chief Financial Officer, De Wet Schutte, while investigating
potential misconduct.

The misconduct allegation is not in respect to any financial mismanagement,
impropriety or wrongdoing and the Company's financial position has not been
impacted. The Company and its Board of Directors continue to work to the
highest standards of governance and integrity.

Martin Westerman has been appointed to oversee the Company's financial
function from immediate effect.

A further announcement will be made as appropriate.

ENDS

About Neo Energy Metals plc

Neo Energy Metals plc is a uranium and gold company listed on the London Stock
Exchange Main Market (LSE: NEO) and the A2X Markets (A2X: NEO), with a JSE
Main Board listing targeted for 2026. The Company has secured two uranium
projects in South Africa with a combined JORC- and SAMREC-compliant resource
of 31.5 million pounds ("Mlb") of uranium and 1.2 million ounces ("Moz") of
gold.

Enquiries

 Neo Energy Metals plc

 Theo Botoulas, Chief Executive Officer                via james.duncan@neoenergymetals.com (mailto:james.duncan@neoenergymetals.com)

 James Duncan, Investor Relations and Communications   +27 (0) 79 336 4010

 Financial PR / Investor Relations                     +44 (0) 20 7920 3150

 Tavistock                                             neoenergymetals@tavistock.co.uk

 Jos Simson / Gareth Tredway

 Corporate Advisor                                     +27 (0) 11 480 8500

 AcaciaCap Advisors                                    michelle@acaciacap.co.za

 Michelle Krastanov

 

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