Block listing Interim Review

Corcel PLC

22 December 2025

 

Corcel PLC

("Corcel" or the "Company")

BLOCK ADMISSION SIX MONTH RETURN

22 December 2025

Corcel today makes the following notification pursuant to Schedule Six of the AIM Rules for Companies regarding its existing block admission arrangements.

Name of applicant:		Corcel Plc
Name of scheme:		Warrant Block Admission
Period of return:	From:	24.06.2025	To:	22.12.2025
Balance of unallotted securities under scheme(s) from previous return:		944,575,000
Plus:  The amount by which the block scheme(s) has been increased since the date of the last return (if any increase has been applied for):		Nil
Less:  Number of securities issued/allotted under scheme(s) during period (see UKLR20.6.7G):		748,125,000
Equals:  Balance under scheme(s) not yet issued/allotted at end of period:		196,450,000

Name of contact:	Corcel plc
Email contact:	[e-mail]

For further information, please contact:

Scott Gilbert                                                                         

Corcel Plc, CEO & Director

[e-mail]                      

Melissa Byeon                                                                      

Corcel Plc, Public Relations Officer

[e-mail]                                              

James Joyce / James Bavister / Andrew de Andrade     

Zeus, NOMAD & Broker

020 3829 5000        

Jonathan Wright / Rupert Holdsworth Hunt                                

Auctus Advisors LLP, Joint Broker

07711 627449                                                                        

About Corcel

Corcel has a notable oil and gas portfolio in onshore Angola that includes brownfield redevelopment opportunities and significant exploration upside. Corcel marked a new country entry into Brazil through the option to acquire rights to producing gas and exploration assets, further diversifying its portfolio and enhancing its growth potential.

Corcel's Angola portfolio consists of interests in three licenses:

·    KON - 16 upon completion: operated - 80% working interest - 71.5% net to CRCL

·    KON - 11 Non-Operated - 20% working interest - 18% net to CRCL

·    KON - 12 Non-Operated - 25% working interest - 22.5% net to CRCL

 

END