REG-Richmond Hill Resources Plc: Result of WRAP Retail Offer

Richmond Hill ResourcesAnnouncement

02/02/2026 07:02

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN WHOLE
OR IN PART, IN OR INTO OR WITHIN THE UNITED STATES, AUSTRALIA, NEW ZEALAND,
CANADA, SOUTH AFRICA OR JAPAN, OR ANY MEMBER STATE OF 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.

 

THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES OF ARTICLE 7 OF
THE MARKET ABUSE REGULATION (EU) 596/2014 WHICH FORMS PART OF THE LAWS OF
ENGLAND AND WALES PURSUANT TO THE EUROPEAN UNION (WITHDRAWAL) ACT 2018 ("UK
MAR"). UPON PUBLICATION OF THIS ANNOUNCEMENT THIS INSIDE INFORMATION IS NOW
CONSIDERED TO BE WITHIN THE PUBLIC DOMAIN.

 

2 February 2026

 

Richmond Hill Resources Plc

(“                     Richmond Hill                    ” or the “      
              Company                    ”)

 

Result of WRAP Retail Offer

 

Richmond Hill Resources is pleased to announce that further to the
announcement on 28 January 2026, the WRAP Retail Offer has raised gross
proceeds of £39,000, through the issue of 1,505,298 new ordinary shares of
0.1 pence each (“Ordinary Shares”) at a price of 2.6 pence per share (the
“WRAP Retail Offer Shares”). With the proceeds of the Placing of
£600,000, in aggregate the Company has therefore raised gross proceeds of
approximately £639,000 at a price of 2.6 pence per new Ordinary Share.

 

Admission and Total Voting Rights

Application has been made for the WRAP Retail Offer Shares to be admitted to
trading on AIM ("Admission"). Admission is expected to become effective and
dealings in the WRAP Retail Offer Shares is expected to commence on or around
11 February 2026.

 

For the purposes of the Disclosure and Transparency Rules, following
Admission, the Company's issued share capital will comprise 658,843,247
Ordinary Shares of 0.1 pence each. This figure may be used by shareholders as
the denominator for calculations to determine if they are required to notify
their interest in, or a change to their interest in, the Company under the
Disclosure and Transparency Rules.

 

The new Ordinary Shares to be issued pursuant to the WRAP Retail Offer will be
issued free of all liens, charges and encumbrances and will, on Admission,
rank                      pari passu                     in all respects with
the Company's existing Ordinary Shares.

 

Capitalised terms used in this announcement shall, unless otherwise defined,
have the same meanings as set out in the Company's announcement on 28 January
2026.

 

 Richmond Hill Resources   Hamish Harris                                                 +44 (0) 7879 58 4153                        
 Clear Capital Markets Limited (Broker)   Bob Roberts                                    +44 (0) 20 3869 6080                        
 Winterflood Retail Access Platform   Sophia Bechev, Kaitlan Billings                    WRAP@winterflood.com   +44(0) 20 3100 0214  
 Cairn Financial Advisers LLP (Nominated Adviser)   Ludovico Lazzaretti / James Western  +44 (0) 20 7213 0880                        
                                                                                                                                     

 

 

Further information on the Company can be found on its website at          
www.richmondhillresources.com/

 

The Company's LEI is                      2138009XFT53PKLIH113

 

This announcement should be read in its entirety. In particular, the
information in the “Important Notices” section of the announcement should
be read and understood.

 

 

Important Notices

 

The content of this announcement has been prepared by and is the sole
responsibility of the Company.

 

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 or from the United States (including its territories and possessions,
any state of the United States and the District of Columbia (the “          
          United States                    ” or “                     US  
                 ”)), 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 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 US Securities Act, 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.

 

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.

 

WRAP is a proprietary technology platform owned and operated by Winterflood
Securities Ltd (registered address at Riverbank House, 2 Swan Lane, London
EC4R 3GA; FRN 141455). Winterflood Securities Ltd (“                    
Winterflood                    ”) is authorised and regulated in the United
Kingdom by the Financial Conduct Authority, is acting exclusively for the
Company and for no-one else and will not regard any other person (whether or
not a recipient of this announcement) as its client in relation to the WRAP
Retail Offer and will not be responsible to anyone other than the Company for
providing the protections afforded to its clients, nor for providing advice in
connection with the WRAP Retail Offer, Admission and the other arrangements
referred to in this announcement.

 

The value of Ordinary Shares and the income from them is not guaranteed and
can fall as well as rise due to stock market movements. When you sell your
investment, you may get back less than you originally invested. Figures refer
to past performance and past performance is not a reliable indicator of future
results. Returns may increase or decrease as a result of currency
fluctuations.

 

Certain statements in this announcement are forward-looking statements which
are based on the Company's expectations, intentions and projections regarding
its future performance, anticipated events or trends and other matters that
are not historical facts. These forward-looking statements, which may use
words such as “aim”, “anticipate”, “believe”, “intend”,
“estimate”, “expect” and words of similar meaning, include all matters
that are not historical facts. These forward-looking statements involve risks,
assumptions and uncertainties that could cause the actual results of
operations, financial condition, liquidity and dividend policy and the
development of the industries in which the Company's businesses operate to
differ materially from the impression created by the forward-looking
statements. These statements are not guarantees of future performance and are
subject to known and unknown risks, uncertainties and other factors that could
cause actual results to differ materially from those expressed or implied by
such forward-looking statements. Given those risks and uncertainties,
prospective investors are cautioned not to place undue reliance on
forward-looking statements.

 

These forward-looking statements speak only as at the date of this
announcement and cannot be relied upon as a guide to future performance. The
Company and Winterflood expressly disclaim any obligation or undertaking to
update or revise any forward-looking statements contained herein to reflect
actual results or any change in the assumptions, conditions or circumstances
on which any such statements are based unless required to do so by the
Financial Conduct Authority, the London Stock Exchange or applicable law.

 

The information in this announcement is for background purposes only and does
not purport to be full or complete. None of Winterflood or any of its
affiliates, accepts any responsibility or liability whatsoever for, or makes
any representation or warranty, express or implied, as to this announcement,
including the truth, accuracy or completeness of the information in this
announcement (or whether any information has been omitted from the
announcement) or any other information relating to the Company or associated
companies, whether written, oral or in a visual or electronic form, and
howsoever transmitted or made available or for any loss howsoever arising from
any use of the announcement or its contents or otherwise arising in connection
therewith. Winterflood and its affiliates, accordingly disclaim all and any
liability whether arising in tort, contract or otherwise which they might
otherwise be found to have in respect of this announcement or its contents or
otherwise arising in connection therewith.

 

Any indication in this announcement of the price at which the Ordinary Shares
have been bought or sold in the past cannot be relied upon as a guide to
future performance. Persons needing advice should consult an independent
financial adviser. No statement in this announcement is intended to be a
profit forecast and no statement in this announcement should be interpreted to
mean that earnings or target dividend per share of the Company for the current
or future financial years would necessarily match or exceed the historical
published earnings or dividends per share of the Company.

 

Neither the content of the Company's website (or any other website) nor the
content of any website accessible from hyperlinks on the Company's website (or
any other website) is incorporated into or forms part of this announcement.
The WRAP Retail Offer Shares to be issued or sold pursuant to the WRAP Retail
Offer will not be admitted to trading on any stock exchange other than the
London Stock Exchange.

 

Cairn Financial Advisers LLP (“                     Cairn                   
”), which is authorised and regulated by the FCA in the United Kingdom, is
acting as Nominated Adviser to the Company. Cairn has not authorised the
contents of, or any part of, this announcement, and no liability whatsoever is
accepted by Cairn for the accuracy of any information or opinions contained in
this announcement or for the omission of any material information. The
responsibilities of Cairn as the Company's Nominated Adviser under the AIM
Rules for Companies and the AIM Rules for Nominated Advisers are owed solely
to London Stock Exchange plc and are not owed to the Company or to any
director or shareholder of the Company or any other person, in respect of its
decision to acquire shares in the capital of the Company in reliance on any
part of this announcement, or otherwise.

 

Clear Capital Markets Limited (“                     Clear Capital          
         ”) is authorised and regulated by the FCA in the United Kingdom.
Clear Capital is acting solely as broker exclusively for the Company and no
one else in connection with the Placing and will not regard any other person
(whether or not a recipient of this announcement) as its client in relation to
the Placing                      or the contents of this announcement nor
will it be responsible to anyone other than the Company for providing the
protections afforded to its clients or for providing advice in relation to the
contents of this announcement. Apart from the responsibilities and
liabilities, if any, which may be imposed on Clear Capital by FSMA or the
regulatory regime established thereunder, Clear Capital accepts no
responsibility whatsoever, and makes no representation or warranty, express or
implied, for the WRAP Retail Offer or the contents of this announcement
including its accuracy, completeness or verification or for any other
statement made or purported to be made by it, or on behalf of it, the Company
or any other person, in connection with the Company and the contents of this
announcement, whether as to the past or the future. Clear Capital accordingly
disclaims all and any liability whatsoever, whether arising in tort, contract
or otherwise (save as referred to above), which it might otherwise have in
respect of the contents of this announcement or any such statement.

 

 



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