REG - Oracle Power PLC - Exercise of Warrants

Oracle PowerAnnouncement

02/10/2025 07:00

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RNS Number : 7204B  Oracle Power PLC  02 October 2025

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.

 

2 October 2025

 

Oracle Power PLC

("Oracle", the "Company" or the "Group")

 

Exercise of Warrants

 

Oracle Power PLC (AIM: ORCP), the international project developer, is pleased
to announce that it has received notice to exercise warrants, issued in
October 2023, to subscribe for a total of 107,142,857 new ordinary shares of
0.001 pence ("Ordinary Shares") at a price of 0.05467 pence per share, as
amended in accordance with the RNS issued on 12 December 2024. The exercise of
these warrants amounts to a cash subscription of £ 58,575.

 

Admission to Trading and Total Voting Rights

Application has been made to the London Stock Exchange plc for the new
Ordinary Shares to be admitted to trading on AIM ("Admission"). It is expected
that Admission will become effective at 8:00 a.m. on or around 7 October 2025.
The new Ordinary Shares will rank pari passu with the existing Ordinary
Shares.

 

Following Admission, the total ordinary issued share capital of the Company
will be 15,721,394,613 Ordinary Shares, with no shares held in Treasury.
Therefore, the total voting rights in the Company following Admission will be
15,721,394,613 and 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 in their interest in, the
share capital of the Company under the FCA's Disclosure Guidance and
Transparency Rules.

 

*ENDS*

 

For further information:

 Oracle Power PLC                                      +44 (0) 203 580 4314

 Naheed Memon - CEO
 Strand Hanson Limited (Nominated Adviser and Broker)  +44 (0) 20 7409 3494

 Rory Murphy, Matthew Chandler, Rob Patrick
 St Brides Partners Limited (Financial PR)             +44 (0) 20 7236 1177

 Susie Geliher, Isabel de Salis

 

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