REG - Tirupati Graphite - Sub-Division of Ordinary Shares

Tirupati GraphiteAnnouncement

12/01/2026 07:00

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RNS Number : 4905O  Tirupati Graphite PLC  12 January 2026

12 January 2026

Tirupati Graphite plc

('Tirupati' or the 'Company')

 

Sub-Division of Ordinary Shares

 

( )

Tirupati Graphite plc (TGR.L), the specialist flake graphite company and
supplier of the critical mineral for the global energy transition, announces
the following further to the General Meeting of the Company ("GM") held on 6
January 2026.

At the GM, inter alia, a resolution was passed which approved the sub-division
of each existing ordinary share of £0.025 into one new ordinary share of
£0.01 (a "New Ordinary Share") and one deferred share of £0.015 (a "Deferred
Share") (each such Deferred Share having no voting or dividend rights and
effectively being worthless).

The New Ordinary Shares will become effective on 14 January 2026, however the
Company's listing remains suspended.  Further updates regarding, inter alia,
the publication of the delayed annual report and accounts for the year ended
31 March 2025, together with delayed half year financial statements to 30
September 2025, the publication of an FCA- approved prospectus, and the
lifting of the suspension will be made in due course.

ENDS

For further information, please
visit https://www.tirupatigraphite.co.uk/ or contact:

 Tirupati Graphite Plc                info@tirupati.co.uk

 Mark Rollins - Executive Chairman    IR@tirupati.co.uk

 Alastair Bath - Investor Relations   +44 7356 057 265

 

About Tirupati Graphite Plc

 

Tirupati Graphite is a specialist graphite producer and a supplier of the
critical mineral for a decarbonised economy and the energy transition, with
leading low development capital and operating costs. The Company places a
special emphasis on green applications including renewable energy, e-mobility,
energy storage and thermal management, and is committed to ensuring its
operations are sustainable.

 

The Group's operations include primary mining and processing in Madagascar
where the Group operates two key projects, Sahamamy and Vatomina, with a
potential combined final nameplate production capacity of 36,000tpa, subject
to permits and ongoing work at Vatomina, and redevelopment of Sahamamy,
currently on care and maintenance. The Madagascar operations produce
high-quality flake graphite concentrate with up to 97% purity and selling to
customers globally.

 

The Group also holds two world class, natural graphite projects in Mozambique
including the Montepuez graphite project, which is permitted for 100,000tpa
production and where substantial construction work has already been
undertaken, although the projects remain under force majeure at the present
time.

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