Warrant Exercise

Summary by AI BETAClose X

TomCo Energy PLC has announced the exercise of broker warrants, resulting in the subscription of 26,666,667 new ordinary shares at 0.045 pence per share, raising £12,000 for the company. These new shares, which will rank pari passu with existing shares, are expected to be admitted to trading on AIM on January 28, 2026. Following this issuance, the company's enlarged issued share capital will comprise 3,930,801,944 ordinary shares, with this figure serving as the denominator for shareholder notification calculations under FCA rules.

Disclaimer*

TomCo Energy PLC
23 January 2026
 

23 January 2026

TOMCO ENERGY PLC
("TomCo" or the "Company")

Warrant Exercise

TomCo (AIM: TOM), the US operating oil development group focused on using innovative technology to unlock unconventional hydrocarbon resources, announces that it has received a notice of exercise in respect of certain broker warrants to subscribe for a total of 26,666,667 new ordinary shares of no par value each in the capital of the Company ("Ordinary Shares") (the "New Ordinary Shares"). The New Ordinary Shares are being issued at a price of 0.045 pence per share, for a total consideration to the Company of £12,000 and relate to warrants issued as part of the Company's equity fundraising, announced on 21 February 2024.

The New Ordinary Shares will rank pari passu with the existing Ordinary Shares and application will be made for the New Ordinary Shares to be admitted to trading on AIM ("Admission").  It is expected that Admission will become effective and dealings in the New Ordinary Shares commence on or around 8.00 a.m. on 28 January 2026.

Total Voting Rights

Upon Admission, the Company's enlarged issued share capital will consist of 3,930,801,944 Ordinary Shares with one voting right each. The Company does not hold any Ordinary Shares in treasury. Therefore, the total number of Ordinary Shares and voting rights in the Company will be 3,930,801,944.  With effect from Admission, this figure may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the share capital of the Company under the FCA's Disclosure Guidance and Transparency Rules.

 

Enquiries:

TomCo Energy plc

 

Malcolm Groat (Executive Chairman)  

+44 (0)20 3823 3635



Strand Hanson Limited (Nominated Adviser)

 

James Harris / Matthew Chandler

+44 (0)20 7409 3494



AlbR Capital Limited (Broker)

 

Jon Belliss / Colin Rowbury

+44 (0)20 7469 0930

 

For further information, please visit www.tomcoenergy.com.

The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulation (EU) No. 596/2014 as it forms part of United Kingdom domestic law by virtue of the European Union (Withdrawal) Act 2018, as amended by virtue of the Market Abuse (Amendment) (EU Exit) Regulations 2019.

 

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Companies

Tomco Energy (TOM)
UK 100