Restoration of Listing and Suspension Lift
Summary by AI BETAClose X
Neo Energy Metals plc / LSE: NEO, A2X: NEO / Market: Main Market of the London Stock Exchange
9 March 2026
Neo Energy Metals plc
('Neo Energy' or 'the Company')
Restoration of Listing and Suspension Lift
Neo Energy Metals plc is pleased to announce that, following the Company's compliance with the requirements set by the Financial Conduct Authority ('FCA'), the suspension of the listing of the Company's ordinary shares has been lifted.
The Company confirms that it has now addressed the relevant FCA requirements and has taken the necessary steps to support the resumption of trading in its securities.
The Board and Executive Managment would like to express its sincere gratitude to shareholders for their patience, ongoing support, and understanding throughout the suspension period. The Board acknowledges the inconvenience caused by the suspension and greatly appreciates the confidence shown in the Company during this time.
During this period, Managment has also worked to strengthen its internal governance, compliance processes, and reporting framework. Several enhanced processes and systems have been implemented to improve oversight and ensure stronger ongoing compliance with applicable listing, regulatory, and disclosure requirements.
The Board and Executive Management team remains committed to maintaining high standards of corporate governance and regulatory compliance, believing that these improvements will better position the Company for the future.
Enquiries:
Jason Brewer, Executive Chairman
Theo Botoulas, Chief Executive Officer
De Wet Schutte, Chief Financial Officer
Frederik Brand, Head Governance and Legal
Michelle Krastanov, Corporate Advisor - AcaciaCap Advisors
Notes:
This announcement contains information which is considered to be inside information for the purposes of the UK Market Abuse Regulation. The person responsible for arranging the release of this announcement on behalf of the Company is Frederik Brand, Head Governance and Legal.
ENDS
About NEO Energy Metals Plc
Neo Energy Metals plc is a Uranium developer and mining company listed on the main market of the London Stock Exchange (LSE: NEO).
The company and its South African Subsidiaries, namely Neo Uranium Resources Beisa Mine (Pty) Limited and Neo Uranium Resources South Africa (Pty) Ltd have continued to strengthen the uranium portfolio through conditional agreements for the acquisitions of; 100% interest in the Beisa North and Beisa South Uranium and Gold Projects and 100% interest in the Beatrix 4 mine and shaft complex, the processing plant complex and associated infrastructure in the Witwatersrand Basin, located in the Free State Province of South Africa. The combined projects total SAMREC Code compliant resource base comprises, 117 million pounds of U₃O₈ and over 5 million ounces of gold.
Additionally, the Company holds up to a 70% stake in the Henkries Uranium Project, an advanced, low-cost mine located in South Africa's Northern Cape Province. A separate agreement, to be renegotiated, was concluded for a 100% interest in the Henkries South Uranium Project, extending the Henkries Project's strike length by 10km to a total of 46km of shallow paleo-channels proven to host uranium mineralisation through extensive drilling and feasibility studies backed by US$30 million in historic exploration and development expenditure.
The Company is led by a proven board and management team with experience in uranium and mineral project development in Southern Africa. Neo Energy's strategy focuses on an accelerated development and production approach to generate cash flow from Henkries while planning for long-term exploration and portfolio growth in the highly prospective Uranium district of Africa.
The Company's shares are also listed on the A2X Markets (A2X: NEO), an independent South African stock exchange, to expand its investor base and facilitate strategic acquisitions of uranium projects, particularly within South Africa.
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