Form 8 (OPD) - 80 MILE PLC

80 Mile PLC

22 September 2026

 

FORM 8 (OPD)

PUBLIC OPENING POSITION DISCLOSURE BY A PARTY TO AN OFFER

Rules 8.1 and 8.2 of the Takeover Code (the “Code”)

1. KEY INFORMATION

(a) Full name of discloser:	80 MILE PLC
(b) Owner or controller of interests and short positions disclosed, if different from 1(a):  The naming of nominee or vehicle companies is insufficient.  For a trust, the trustee(s), settlor and beneficiaries must be named.	NO
(c) Name of offeror/offeree in relation to whose relevant securities this form relates:  Use a separate form for each offeror/offeree	80 MILE PLC
(d) Is the discloser the offeror or the offeree?	OFFEREE
(e) Date position held:  The latest practicable date prior to the disclosure	21/09/2026
(f) In addition to the company in 1(c) above, is the discloser making disclosures in respect of any other party to the offer?  If it is a cash offer or possible cash offer, state “N/A”	YES / GREENLAND ENERGY COMPANY

2. POSITIONS OF THE PARTY TO THE OFFER MAKING THE DISCLOSURE

If there are positions or rights to subscribe to disclose in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 2(a) or (b) (as appropriate) for each additional class of relevant security.

(a) Interests and short positions in the relevant securities of the offeror or offeree to which the disclosure relates

Class of relevant security:	0.01p ordinary shares
	Interests		Short positions
	Number	%	Number	%
(1) Relevant securities owned and/or controlled:	0		0
(2) Cash-settled derivatives:	0		0
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:	0		0
TOTAL:	0		0

All interests and all short positions should be disclosed.

Details of any open stock-settled derivative positions (including traded options), or agreements to purchase or sell relevant securities, should be given on a Supplemental Form 8 (Open Positions).

Details of any securities borrowing and lending positions or financial collateral arrangements should be disclosed on a Supplemental Form 8 (SBL).

(b) Rights to subscribe for new securities

Class of relevant security in relation to which subscription right exists:	0
Details, including nature of the rights concerned and relevant percentages:	0

3. POSITIONS OF PERSONS ACTING IN CONCERT WITH THE PARTY TO THE OFFER MAKING THE DISCLOSURE

Details of any interests, short positions and rights to subscribe (including directors’ and other employee options) of any person acting in concert with the party to the offer making the disclosure:

Beneficial holdings of the Directors, Connected Parties, of 80 Mile plc (including their close relatives) in its ordinary shares Name Number of ordinary shares held % of voting share capital Directors in 80 Mile Plc Roderick Mcillree* 622,662,514 11.14% Ingo Hofmaier 10,853,985 0.19% Michael Hutchinson 27,183,826 0.49% Prior Directors in 80 Mile Plc Eric Sondergaard 60,000,000 1.07% Troy Whittaker 52,037,036 0.93% FinnAust Mining Plc (a prior name of 80 Mile Plc which acquired Bluejay Mining Limited) Shaun Bunn 316,915 0.01% Garth Palmer 45,678,329 0.82% Jeremy Whybrow 28,666,531 0.51% SP Angel Corporate Finance LLP (“SPA”) John Mackay 351,871 0.01% Robert Wooldridge 351,871 0.01% Tim Jenkins 93,396 0.00% Charlie Bouverat 15,106 0.00% SPA 2,500,000 0.04% Westend Corporate LLP (Co-secretary for 80 Mile) Gregory Kunzel 17,459,714 0.31% James Mahoney 1,772,456 0.03% Westend Corporate LLP 13,557,018 0.24%      Beneficial holdings of the Directors, (and close relatives) of 80 Mile plc in rights to subscribe for shares in 80 Mile plc * Holder Description of Award Date of Issue Allotted Exercise Price Expiry Date Vesting Date Eric Sondergaard Options 04/04/2024 12,000,000 0.0100 04/04/2029 n/a 04/04/2024 12,000,000        0.0200 04/04/2029 n/a 04/04/2024 12,000,000        0.0400 04/04/2029 n/a 24/10/2024 25,000,000        0.0100 24/10/2029 n/a EBT Ordinary Shares 14/01/2027 20,000,000 nil - n/a Troy Whittaker EBT Ordinary Shares 14/01/2027 5,000,000 nil - n/a Gregory Kuenzel Options 04/04/2024   2,000,000 0.0100 04/04/2029 n/a 04/04/2024   2,000,000 0.0200 04/04/2029 n/a 04/04/2024 2,000,000 0.0400 04/04/2029 n/a James Mahony Options 10/02/2026 15,000,000 0.0200 10/02/2030 10/02/2026 Lucinda Kirkland Options 24/10/2024 5,000,000 0.0100 24/10/2029 n/a Michael Hodgkinson Options 04/04/2024 4,000,000 0.0100 04/04/2029 n/a 04/04/2024 4,000,000 0.0200 04/04/2029 n/a 04/04/2024 4,000,000 0.0400 04/04/2029 n/a 24/10/2024 3,250,000 0.0100 24/10/2029 n/a 21/05/2026 5,000,000 0.1000 21/05/2032 21/05/2028 21/05/2026 5,000,000 0.1200 21/05/2032 21/05/2028 Michael Hutchinson Options 04/04/2024 3,000,000 0.0100 04/04/2029 n/a 04/04/2024 3,000,000 0.0200 04/04/2029 n/a 04/04/2024 3,000,000 0.0400 04/04/2029 n/a Olga Solovieva Options 04/04/2024 4,000,000 0.0100 04/04/2029 n/a 04/04/2024 4,000,000 0.0200 04/04/2029 n/a 04/04/2024 4,000,000 0.0400 04/04/2029 n/a 24/10/2024 3,250,000 0.0100 24/10/2029 n/a 10/02/2026 10,000,000 0.0200 10/02/2030 10/02/2026 10/02/2026 10,000,000 0.0400 10/08/2031 10/08/2027 10/02/2026 10,000,000 0.0600 10/02/2032 10/02/2028 10/02/2026 10,000,000 0.0800 10/02/2032 10/02/2028 21/05/2026 20,000,000 0.1000 21/05/2032 21/05/2028 21/05/2026 20,000,000 0.1200 21/05/2032 21/05/2028 Roderick McIllree Options 04/04/2024 8,500,000 0.0100 04/04/2029 n/a 04/04/2024 8,500,000 0.0200 04/04/2029 n/a 04/04/2024 8,500,000 0.0400 04/04/2029 n/a 24/10/2024 25,000,000 0.0100 24/10/2029 n/a 13/01/2025 50,000,000 0.0035 13/01/2030 n/a 10/02/2026 10,000,000 0.0200 10/02/2030 10/02/2026 10/02/2026 25,000,000 0.0400 10/08/2031 10/08/2027 10/02/2026 25,000,000 0.0600 10/02/2032 10/02/2028 10/02/2026 25,000,000 0.0800 10/02/2032 10/02/2028 21/05/2026 40,000,000 0.1000 21/05/2032 21/05/2028 21/05/2026 40,000,000 0.1200 21/05/2032 21/05/2028 EBT Ordinary Shares 14/01/2026 22,500,000 nil - n/a Troy Whittaker Options 04/04/2024 5,500,000 0.0100 04/04/2029 n/a 04/04/2024 5,500,000 0.0200 04/04/2029 n/a 04/04/2024 5,500,000 0.0400 04/04/2029 n/a 10/02/2026 25,000,000 0.0200 10/02/2030 10/02/2026 10/02/2026 25,000,000 0.0400 10/08/2031 10/08/2027 10/02/2026 25,000,000 0.0600 10/02/2032 10/02/2028 10/02/2026 25,000,000 0.0800 10/02/2032 10/02/2028 21/05/2026 40,000,000 0.1000 21/05/2032 21/05/2028 21/05/2026 40,000,000 0.1200 21/05/2032 21/05/2028 SP Angel Corporate Finance LLP Broker Warrants 13/01/2025 5,000,000 0.0030 13/01/2029 14/01/2029

Details of any open stock-settled derivative positions (including traded options), or agreements to purchase or sell relevant securities, should be given on a Supplemental Form 8 (Open Positions).

Details of any securities borrowing and lending positions or financial collateral arrangements should be disclosed on a Supplemental Form 8 (SBL).

4. OTHER INFORMATION

(a) Indemnity and other dealing arrangements

Details of any indemnity or option arrangement, or any agreement or understanding, formal or informal, relating to relevant securities which may be an inducement to deal or refrain from dealing entered into by the party to the offer making the disclosure or any person acting in concert with it: Irrevocable commitments and letters of intent should not be included. If there are no such agreements, arrangements or understandings, state “none”

none

(b) Agreements, arrangements or understandings relating to options or derivatives

Details of any agreement, arrangement or understanding, formal or informal, between the party to the offer making the disclosure, or any person acting in concert with it, and any other person relating to: (i) the voting rights of any relevant securities under any option; or (ii) the voting rights or future acquisition or disposal of any relevant securities to which any derivative is referenced: If there are no such agreements, arrangements or understandings, state “none”

none

(c) Attachments

Are any Supplemental Forms attached?

Supplemental Form 8 (Open Positions)	NO
Supplemental Form 8 (SBL)	NO

Date of disclosure:	22/09/2026
Contact name:	Ingo Hofmaier
Telephone number:	020 8142 5410

Public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service.

The Panel’s Market Surveillance Unit is available for consultation in relation to the Code’s disclosure requirements on [phone].

The Code can be viewed on the Panel’s website at www.thetakeoverpanel.org.uk.

 

END