Holding(s) in Company

Summary by AI BETAClose X

Reveille Resources PLC has been informed that Ajax Resources plc, its second largest shareholder, has acquired the entire shareholding of Santa Devota S.r.l., a company controlled by former Non-Executive Director Antonio Barani. This transaction involved 2,000,000 ordinary shares and 2,000,000 warrants for a total consideration of £102,500. Following this acquisition, Ajax Resources plc will hold 14,000,000 ordinary shares, representing 17.52% of the company's issued shares, and Mr. Barani will no longer have any interest in Reveille Resources PLC.

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Reveille Resources PLC
06 October 2026
 

6 October 2026

 

 

REVEILLE RESOURCES PLC

("Reveille", or the "Company")

 

Holdings in the Company

 

Reveille [AQSE: REV], a UK uranium exploration and development company with a primary focus on Italy's largest uranium deposits, announces that is has been informed that Ajax Resources plc (“Ajax”), the Company’s second largest shareholder, has purchased the entire shareholding of Santa Devota S.r.l. (“SD”), a wholly owned and controlled investment company of the former Non-Executive Director, Antonio Barani (the “Acquisition”).

 

SD has sold 2,000,000 ordinary shares of 1 pence each in the Company (“Ordinary Shares”) and 2,000,000 warrants to subscribe for Ordinary Shares to Ajax, for a total consideration of £102,500.  Ajax is a signatory to the lock-in and orderly market agreements described in the Company’s MTF admission prospectus, the terms of which are extended to the Ordinary Shares resulting from the Acquisition, including any Ordinary Shares that might result from exercising the warrants.  Following the Acquisition, Ajax will hold 14,000,000 Ordinary Shares, representing 17.52% of the currently issued Ordinary Shares.  Following the Acquisition, Mr Barani has no further interest in the Company.


- ENDS –

 

For more information, please visit: www.reveille-resources.com or contact the following:

 

Reveille Resources Plc

Ippolito Ingo Cattaneo, Executive Director

 

info@reveille-resources.com  

Barabino & Partners UK Plc

Georgia Colkin / Caroline Merrell

Tel: +44 (0)207 1526 425

Allenby Capital Limited, Aquis Corporate Advisor

Nick Naylor / Nick Harriss

 

Tel: +44 (0) 20 3328 5658

 

 

Notes to Editors

 

Reveille Resources plc (AQSE: REV) is a UK uranium exploration and development company with a primary focus on Italy, where it is advancing the exploration and development of the country's largest historic uranium deposits.

 

Through its Italian subsidiary, Futuro Energetico Italiano S.r.l, the Company has submitted exploration-licence applications in respect of the Novazza and Val Vedello uranium projects in northern Italy, each of which is subject to the applicable environmental-assessment process. The projects were historically explored and developed by AGIP Nucleare S.p.A. and its operating subsidiary, SOMIREN, both part of the ENI group, during Italy’s national nuclear programme between 1959 and 1983. This work included more than 87,000 metres of historical drilling and approximately 17 kilometres of underground development.

 

Reveille's strategy is to identify and advance uranium projects that have benefited from substantial historical exploration and technical work, but where value has yet to be fully realised due to geopolitical, technological, financial or historical factors. By applying modern exploration techniques and internationally recognised reporting standards, the Company intends to verify historical data, advance exploration and work towards the delineation of mineral resources in accordance with internationally recognised reporting standards.

 

While Italy remains the Company's principal area of focus, Reveille will selectively evaluate additional uranium opportunities elsewhere in Europe and in other Western jurisdictions where similar value creation opportunities exist. The Company is committed to advancing its projects responsibly, working closely with local communities, regulators and other stakeholders to ensure that exploration activities are undertaken to the highest environmental, technical and governance standards.

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