Exercise of Share Options

Blencowe Resources PLC

02 December 2025

 

2 December 2025

Blencowe Resources Plc

("Blencowe" or the "Company")

Exercise of Share Options

Blencowe Resources Plc (LSE: BRES) announces that Executive Chairman Cameron Pearce and Chief Executive Officer Mike Ralston have exercised share options in the Company.

The share options were issued on 16 December 2020, with a 6p exercise price and a term of five years to maturity. Cameron Pearce and Mike Ralston were granted 1,666,667 and 2,333,333 options respectively and are exercising their full allocation at 6p resulting in proceeds of approximately £240,000 for the Company.

Holdings on Admission

Director	Share Options Granted	Exercise Cost at 6p	Current Holdings	Holdings on Admission*	% Holdings on Admission*
Cameron Pearce	1,666,667	£100,000	10,516,667	12,183,334	3.0
Mike Ralston	2,333,333	£139,999.96	8,225,000	10,558,333	2.6

*Enlarged share capital on admission will be 409,330,172 ordinary shares

Admission and Total Voting Rights

An application has been made for 4,000,000 new ordinary shares to be admitted to trading on the Equity Shares (Transition) category of the official list and the main market of the London Stock Exchange from 8.00 a.m. on 8 December 2025 ("Admission").

In accordance with the FCA's Disclosure Guidance and Transparency Rules, the Company confirms that following Admission, the Company's enlarged issued ordinary share capital will comprise 409,330,172 ordinary shares. The Company does not hold any ordinary shares in Treasury. Therefore, following Admission, the above figure may be used by shareholders in the Company as the denominator for the calculations to determine if 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.

For further information please contact:

Blencowe Resources Plc Sam Quinn	www.blencoweresourcesplc.com Tel: [phone] [e-mail]
Investor Relations Sasha Sethi	Tel: [phone] [e-mail]
Tavira Financial  Jonathan Evans	Tel: [phone] [e-mail]

Twitter https://twitter.com/BlencoweRes

LinkedIn https://www.linkedin.com/company/72382491/admin/

Appendix

Notification of Transactions by Persons Discharging Managerial Responsibilities and Persons Closely Associated with them (This form is required for disclosure of transactions under Article 19 of Regulation (EU) No 596/2014 of the European Parliament and of the Council of 16 April 2014 on market abuse (Market Abuse Regulation)

1	Details of the person discharging managerial responsibilities / person closely associated
A)	Name	1. Cameron Pearce 2. Mike Ralston
2	Reason for the notification
a)	Position/status	1. Director 2. Manager
b)	Initial notification /Amendment	Initial Notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Blencowe Resources PLC
b)	LEI	213800UX1HBIRK36GG11
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 Identification code	Ordinary shares GB00BFCMVS34
b)	Nature of the transaction	Performance Shares
c)	Price(s) and volume(s)	Price £ Volume 1.    0.06 2.    0.06 1.    1,666,667 2.    2,333,333
d)	Aggregated Information - Aggregated volume - Price	4,000,000 £0.06
e)	Date of the Transaction	2 December 2025
f)	Place of Transaction	London Stock Exchange

 

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