Statement re Share Price Movement

Summary by AI BETAClose X

Contango Holdings Plc acknowledges a recent fall in its share price but states the board is unaware of any specific reason for this movement. The company continues to work with advisors and the Takeover Panel regarding the publication of a circular for a proposed £5,000,000 subscription at 1.11p with strategic investors, confirming all prior details remain unchanged and promising further market updates.

Disclaimer*

Contango Holdings PLC
10 June 2026
 

 

Contango Holdings Plc / Index: LSE / Epic: CGO / Sector: Natural Resources

 

10 June 2026

 

Contango Holdings Plc

('Contango' or the 'Company')

 

Share Price Movement

 

The board of Contango Holdings Plc notes the recent fall in share price. The directors of the Company can confirm they are not aware of any reason for the recent fall in the share price.

 

The Company continues to work with its advisers and consult with the Takeover Panel regarding the publication of the circular to obtain a waiver of Rule 9 of the Takeover Code ("Circular") with respect to the Proposed Subscription of £5,000,000 at 1.11p with the Strategic Investors ("Subscription") as announced by RNS of 13 February 2026.  The Board can confirm that all prior details published regarding the Subscription remain the same and will update the market in due course once the Company may publish the Circular.

 

For further information, please visit www.contango-holdings-plc.co.uk or contact:

Contango Holdings plc

Chief Executive Officer

Daniel Dos Santos

E: investors@contango-holdings-plc.co.uk  

 


 

Tavira Financial Limited

Financial Adviser & Broker

Jonathan Evans

T: +44 (0)20 7100 5100

 

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Contango Holdings (CGO)
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