Completion of £1 Million Fundraise

Summary by AI BETAClose X

Georgina Energy plc has successfully raised £1 million through the issue of 20,000,000 new ordinary shares at 5 pence per share, with net proceeds intended for advancing current work programmes and general working capital. The company will also issue 1,200,000 broker warrants exercisable at 5 pence. Following the admission of these new shares on June 5, 2026, Georgina Energy's enlarged issued ordinary share capital will comprise 207,711,707 ordinary shares.

Disclaimer*

Georgina Energy PLC
01 June 2026
 

1 June 2026

 

THIS ANNOUNCEMENT RELATES TO THE DISCLOSURE OF INFORMATION THAT QUALIFIED OR MAY HAVE QUALIFIED AS INSIDE INFORMATION WITHIN THE MEANING OF (A) ARTICLE 7(1) OF UK MAR IN SO FAR AS IT RELATES TO ORDINARY SHARES ISSUED BY GEORGINA ENERGY PLC

 

Georgina Energy plc

("Georgina Energy" or the "Company")

 

Completion of £1 Million Fundraise

Georgina Energy plc (LSE: GEX), is pleased to announce that it has successfully raised £1m through the issue of 20,000,000 new ordinary shares at a placing price of 5 pence per share (the "Placing").

Use of Proceeds

The net proceeds of the Placing will be to advance the current work programmes and general working capital.   

Broker Warrants

The Company will issue 1,200,000 Broker Warrants exercisable at 5 pence and expire five years from the date of Admission.

 

 

Admission of Placing Shares

An application has been made for 20,000,000 new ordinary shares to be admitted to trading on the official list and main market of the London Stock Exchange from 8.00 a.m. on 5 June 2026 ("Admission").

Total Voting Rights

 

In accordance with the FCA's Disclosure Guidance and Transparency Rules, the Company confirms that following Admission, the Company's enlarged issued ordinary share capital will comprise 207,711,707 Ordinary Shares. The Company does not hold any Ordinary Shares in Treasury. Therefore, following Admission, the above figure may be used by shareholders in the Company as the denominator for the calculations to determine if they are required to notify their interest in, or a change to their interest in the Company, under the FCA's Disclosure Guidance and Transparency Rules.

 

**ENDS**

 

Enquiries

 

Georgina Energy

Tony Hamilton

via georginaenergy@apcoworldwide.com

Mark Wallace

 

 




Tavira Financial Ltd - Financial Adviser and Joint Broker

Jonathan Evans

+44 (0)20 3833 3719

Oliver Stansfield




 

 

Financial PR via georginaenergy@apcoworldwide.com

Violet Wilson

+44 (0)203 757 4980

Georgia Edmonds


 

 

 

 

 

 

 

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