Result of GM

Kefi Gold and Copper PLC

26 March 2024

 

26 March 2024

KEFI Gold and Copper plc

("KEFI" or the "Company")

Result of GM

KEFI Gold and Copper plc (AIM: KEFI), the gold and copper exploration and development company with projects in the Federal Democratic Republic of Ethiopia and the Kingdom of Saudi Arabia, announces that at today's General Meeting ("GM") of the Company all resolutions were duly passed.  

The votes were cast as follows:

	Votes For	% For	Votes Against	% Against	*Votes Withheld
1. To authorise the Directors pursuant to Section 551 of the Companies Act 2006 (the "Act") to allot shares and grant rights to subscribe for shares	1,000,360,492	91.06%	96,434,866	8.78%	1,768,534
SPECIAL RESOLUTIONS
2. To authorise the Directors under Section 570 of the Act to allot equity securities (within the meaning of Section 560 of the Act) as if Section 561 of the Act did not apply to such allotment	1,000,662,114	91.09%	95,882,816	8.73%	2,018,962

* Votes withheld are not a vote in law and were not included in the calculations for the "for" and "against" percentages

Following the passing of the Resolutions, an application has been made for the 83,333,333 Conditional Remuneration Shares, to be admitted to trading on AIM ("Admission"). It is expected that Admission will become effective on or around 8.00 a.m. on 27 March 2024.

Total Voting Rights

Following Admission, the total issued share capital of the Company will consist of 5,881,107,455 Ordinary Shares each with voting rights. The Company does not hold any Ordinary Shares in treasury. Therefore, the total number of voting rights in the Company will be 5,881,107,455 and this figure may be used by shareholders 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.

Capitalised terms used in this announcement shall, unless defined in this announcement or unless the context provides otherwise, bear the same meaning ascribed to such terms in the announcement made by the Company at 4.35 p.m. on 4 March 2024.

Enquiries

KEFI Gold and Copper plc
Harry Anagnostaras-Adams (Executive Chairman)	[phone]
John Leach (Finance Director)	[phone]
SP Angel Corporate Finance LLP (Nominated Adviser)	[phone]
Jeff Keating, Adam Cowl
Tavira Securities Limited (Lead Broker)	[phone]
Oliver Stansfield, Jonathan Evans
IFC Advisory Ltd (Financial PR and IR)	[phone]
Tim Metcalfe, Florence Chandler
3PPB LLC (Institutional IR)
Patrick Chidley	[phone]
Paul Durham	[phone]

Further information can be viewed at https://www.kefi-goldandcopper.com

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them:

1.	Details of the person discharging managerial responsibilities/person closely associated
a)	Name:	1.    Harry Anagnostaras-Adams 2.    John Leach
2.	Reason for the notification
a)	Position/status:	1.    Executive Chairman 2.    Finance Director
b)	Initial notification/Amendment:	Initial notification
3.	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name:	KEFI Gold and Copper plc
b)	LEI:	GB00BD8GP619
4.	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument, type of instrument: Identification code:	Ordinary shares of £0.001 each GB00BD8GP619
b)	Nature of the transaction:	Shares in lieu of cash
c)	Price(s) and volume(s):	Price(s) Volume(s) 1 0.6p 33,333,333 2 0.6p 16,666,667
d)	Aggregated information: Aggregated volume: Price:	Single transactions as in 4 c) above Price(s) Volume(s) 1 0.6p 33,333,333 2 0.6p 16,666,667
e)	Date of the transaction:	26 March 2024
f)	Place of the transaction:	Outside a trading venue

 

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