Result of General Meeting and Share Consolidation

Arkadian Strategic Metals PLC

26 October 2026

 

Arkadian Strategic Metals Plc / EPIC: AKN / Market: AIM / Sector: Mining

26 October 2026

Arkadian Strategic Metals Plc

("Arkadian" or the "Company") 

Result of General Meeting and Share Consolidation

Arkadian Strategic Metals Plc (AIM: AKN), the strategic metals and gold-focused exploration and development company, announces that the ordinary resolution proposed at the General Meeting of the Company held earlier today, relating to the proposed consolidation of the Company's ordinary share capital on a 1,500-for-1 basis (the "Share Consolidation"), was duly passed by shareholders on a show of hands. Proxy votes received were 93.23% in favour of the resolution, with 6.77% against.

The Share Consolidation will result in every 1,500 existing ordinary shares of 0.001 pence each ("Existing Ordinary Shares") being consolidated into one new ordinary share of 1.5 pence each ("New Ordinary Shares").

Share Consolidation and Admission

Following the issue of 792 additional Existing Ordinary Shares, as detailed in the Circular, the Company's issued ordinary share capital is expected to comprise 25,981,155,000 Existing Ordinary Shares immediately prior to the Share Consolidation.

Following the Share Consolidation, the Company's issued ordinary share capital is expected to comprise 17,320,770 New Ordinary Shares of 1.5 pence each.

The final day of dealings in the Existing Ordinary Shares is expected to be today, 26 October 2026. The record date for the Share Consolidation will be 6.00 p.m. today.

Application has been made for the New Ordinary Shares to be admitted to trading on AIM ("Admission"). Admission is expected to become effective, and dealings in the New Ordinary Shares are expected to commence, at 8.00 a.m. on Tuesday 27 October 2026, subject to confirmation by the London Stock Exchange.

The New Ordinary Shares will have the same rights as the Existing Ordinary Shares, including voting and dividend rights, save for the change in nominal value.

The New Ordinary Shares will trade under the Company's existing TIDM, AKN, and will have the following new security identifiers:

ISIN	GB00BVK4HD05
SEDOL	BVK4HD0
Nominal value	1.5 pence per share

Expected Timetable

General Meeting and announcement of result	Monday 26 October 2026
Final day of dealings in Existing Ordinary Shares	Monday 26 October 2026
Record Date for Share Consolidation	6.00 p.m. on Monday 26 October 2026
Admission and commencement of dealings in New Ordinary Shares	8.00 a.m. on Tuesday 27 October 2026
CREST accounts expected to be credited with New Ordinary Shares	Tuesday 27 October 2026
Despatch of replacement share certificates	Within 10 days of Admission

All times are London time. The timetable is indicative and remains subject to change. Any changes will be announced through a Regulatory Information Service.

Shareholder Entitlements

Shareholders will receive one New Ordinary Share for every 1,500 Existing Ordinary Shares held at the Record Date.

No shareholder will be entitled to receive a fraction of a New Ordinary Share. Fractional entitlements will be aggregated and sold, so far as possible, with any net proceeds after deduction of the reasonable expenses of sale distributed to the relevant shareholders in proportion to their fractional entitlements, as described in the Circular.

Existing share certificates will cease to be valid following the Share Consolidation. Replacement certificates will be sent to certificated shareholders entitled to New Ordinary Shares within 10 days of Admission. CREST accounts are expected to be credited with the relevant New Ordinary Shares on 27 October 2026, or as soon as practicable thereafter.

Total Voting Rights

Following Admission, the Company's issued ordinary share capital will comprise 17,320,770 New Ordinary Shares of 1.5 pence each. The Company does not hold any ordinary shares in treasury. Therefore, the total number of ordinary shares with voting rights will be 17,320,770.

From Admission, this figure may be used by shareholders as the denominator for the calculations by which they will determine whether they are required to notify their interest in, or a change to their interest in, the Company under the FCA's Disclosure Guidance and Transparency Rules.

This announcement contains inside information for the purposes of the UK Market Abuse Regulation and the Directors of the Company are responsible for the release of this announcement.

Forward Looking Statements

This announcement contains forward-looking statements relating to expected or anticipated future events and anticipated results that are forward-looking in nature and, as a result, are subject to certain risks and uncertainties, such as general economic, market, financial and business conditions, competition for and availability of qualified staff and contractors, regulatory processes and actions, technical issues, new legislation, uncertainties resulting from potential delays or changes in plans, uncertainties resulting from working in a new political jurisdiction, uncertainties regarding the results of exploration, uncertainties regarding the timing and granting of prospecting rights, uncertainties regarding the timing and granting of regulatory and other third party consents and approvals, uncertainties regarding the Company's or any third party’s ability to finance, execute and implement future plans and programmes, and the occurrence of unexpected events. Actual results achieved may vary from the information provided herein as a result of numerous known and unknown risks and uncertainties and other factors.

*ENDS**

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Engage with Arkadian by asking questions, watching video summaries and reading what other shareholders have to say. Navigate to our interactive Investor Hub here:

https://arkadianmetals.com/link/PR1n0r

For further information, please visit the Arkadian Strategic Metals Plc investor website (www.arkadianmetals.com) and sign up to receive news and engage with the Arkadian management team. Subscribe to our news alert service (https://arkadianmetals.com/auth/signup) and visit @ArkadianMetals on X (formerly Twitter).

Key Contacts

Arkadian Strategic Metals Plc George Frangeskides, Executive Chairman	[phone]
SPARK Advisory Partners Limited (Nomad)  Andrew Emmott	[phone]
CMC Markets plc (Broker) Thomas Smith / Douglas Crippen	[phone]

Arkadian’s Key Projects at a Glance

Motzfeldt Critical Metals Project, Greenland

Arkadian holds a majority interest in the Motzfeldt Critical Metals Project in southern Greenland, a large-scale mineralised system containing rare earth elements, niobium, tantalum and zirconium. Its Aries deposit hosts a JORC-compliant Inferred Mineral Resource of 340 million tonnes, with additional exploration potential across the wider project area, including the Merino and Voskop targets.

The Company’s strategy has sought to advance Motzfeldt through resource evaluation, mineral processing studies and environmental and engineering work, while assessing opportunities to expand and upgrade the existing resource. The longer-term objective is to develop the project’s potential to supply critical metals needed by advanced technologies and industry.

Clogau-St David’s Gold Mine, Wales

Arkadian owns the exclusive exploration rights to the Clogau-St David’s Gold Mine in north Wales, Britain’s largest historic gold producer, with recorded production of at least 80,000 ounces. Situated within the Dolgellau Gold Belt, the mine combines a distinguished gold-mining heritage with opportunities to investigate extensions to historically productive veins and previously unworked targets. The Company’s strategy has combined geological investigation and targeted underground exploration with evaluation of gold recovery from historic mine material.

 

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