REG - RC Fornax plc - Result of General Meeting, PDMR Dealings & TVR

RC FornaxAnnouncement

05/12/2025 12:00

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RNS Number : 4843K  RC Fornax plc  05 December 2025

 

5 December 2025

RC FORNAX PLC

("RC Fornax" or the "Company")

Result of General Meeting, PDMR Dealings & TVR

 

RC Fornax (AIM:RCFX), the UK-based consultancy delivering outcome-based
engineering solutions to the defence sector's most critical platforms -
accredited, in-demand, and built to scale, is pleased to announce that all the
proposed resolutions tabled at the Company's General Meeting held earlier
today were duly passed. Voting results of the General Meeting can be found on
the Company's website.

 

Further to the Company's announcement of 14 November 2025 and the passing at
the General Meeting, the following Directors/PDMR have subscribed for a total
of 2,279,999 New Shares at the Issue Price of 6 pence.

 

 Director/PDMR  New Shares Subscribed For  Resultant Number of Ordinary Shares Held  % of Enlarged Share Capital
 Paul Reeves    1,200,000                  23,354,846                                24.34%
 Rob Shepherd   250,000                    343,000                                   0.36%
 Nigel Harper   666,666                    666,666                                   0.69%
 Mark Fahy      163,333                    355,352                                   0.37%

 

 

The Notification of Dealing Form set out in the appendix is provided in
accordance with the requirements of the EU Market Abuse Regulation, as it
forms part of UK law.

Admission and Total Voting Rights

Application has been made to the London Stock Exchange for the 38,697,131 New
Shares to be admitted to trading on AIM. It is expected that Admission will
become effective, and that dealings in the New Shares will commence on AIM, at
8.00 a.m. on or around 8 December 2025.

The Enlarged Share Capital, as increased by the New Shares, immediately
following Admission will be 95,942,718, with no Ordinary Shares in treasury.
Therefore, the total number of voting rights will also be 95,942,718. 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 to their interest in, the share capital of the Company under the
FCA's Disclosure Guidance and Transparency Rules.

The new Ordinary Shares, when issued, will be credited as fully paid and will
rank pari passu in all respects with each other and with the Existing Ordinary
Shares, including the right to receive all dividends and other distributions
declared, made or paid after the date of issue.

Capitalised terms not otherwise defined in the text of this announcement have
the meanings given in the Circular published on 18 November 2025.

 

 

For additional information, please contact:

 

 RC Fornax plc                                              info@rcfornax.co.uk (mailto:info@rcfornax.co.uk)

 Paul Reeves - CEO

 Rob Shepherd - CFO

 Strand Hanson Limited (Nominated & Financial Adviser)      +44 (0)20 7409 3494

 Christopher Raggett

 Rob Patrick

 Harry Marshall

 Cavendish Capital Markets Limited (Broker)                 +44 (0)20 7908 6000

 Stephen Keys / George Lawson - Corporate Finance

 Dale Bellis / Harriet Ward - Sales and ECM

 BlytheRay (Financial PR)                                   +44 (0)20 7138 3204

 Tim Blythe                                                 rcfornax@blytheray.com

 Megan Ray

 Said Izagaren

 

Notes to Editors

RC Fornax PLC is an AIM-quoted company providing outcome-based engineering
solutions to the UK defence industry. It was founded in 2021 by RAF veterans
Paul Reeves and Daniel Clark who, having also worked for a number of years as
defence contractors, are passionate about improving project efficiencies and
driving value for money in the sector.

 Web:       https://www.rcfornax.co.uk/ (https://www.rcfornax.co.uk/)
 X:         @RFornax (https://x.com/RFornax)
 LinkedIn:  RC Fornax (https://www.linkedin.com/company/rc-fornax/)

 

 1.    Details of the person discharging managerial responsibilities/person closely
       associated
 a)    Name:                                                         a) Paul Reeves

                                                                     b) Rob Shepherd

                                                                     c) Nigel Harper

                                                                     d) Mark Fahy
 2.    Reason for the notification
 a)    Position/status:                                              a) Chief Executive Officer (Director)

                                                                     b) Chief Financial Officer (Director)

                                                                     c) Head of Sales (PDMR)

                                                                     d) Non-Executive Chairman (Director)

 b)    Initial notification/Amendment:                               Initial notification
 3.    Details of the issuer, emission allowance market participant, auction
       platform, auctioneer or auction monitor
 a)    Name:                                                         RC Fornax plc
 b)    LEI:                                                          984500B7385AD7A5EA42
 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 £0.0025 each ("Ordinary Shares")

       Identification code:

                                                                     ISIN for Ordinary Shares: GB00BTTQ2F04
 b)    Nature of the transaction:                                    Purchase of new Ordinary Shares
 c)    Price(s) and volume(s):                                       Price(s)  Volume(s)
                                                                     a) 6p     1,200,000
                                                                     b) 6p     250,000
                                                                     c) 6p     666,666
                                                                     d) 6p     163,333
 d)    Aggregated information:                                       n/a, each a single transaction

       · Aggregated volume:

       · Price:
 e)    Date of the transaction:                                      5 December 2025
 f)    Place of the transaction:                                     Outside a trading venue

d)

Aggregated information:

· Aggregated volume:

· Price:

n/a, each a single transaction

e)

Date of the transaction:

5 December 2025

f)

Place of the transaction:

Outside a trading venue

 

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