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2 Apr 2026 07:00
2 April 2026
Arkle Resources PLC
("Arkle" or the "Company")
Exercise of Warrants,
Director/PDMR Shareholdings
&
Grant of Share Options
Arkle Resources PLC (LSE:ARK), the energy metals explorer with a key focus on uranium, announces that 16,000,000 warrants over ordinary shares of EUR0.0025 each ("Ordinary Shares") with an exercise price of 0.35 pence per share have been exercised by Directors of the Company ("Director Shares") as set out below.
Director Warrant Exercises
Director | Position | No. Warrants Exercised | Resultant Shareholding | Resultant % Ownership* |
John Teeling | Executive Chairman | 10,000,000 | 73,718,035 | 4.85 |
David Cockbill | Non-Executive Director | 6,000,000 | 35,893,741 | 2.36 |
A further 6,800,000 warrants over Ordinary Shares with an exercise price of 0.35 pence per share have been exercised by other warrant holders ("Other Shares").
Application has been made for the Director Shares and the Other Shares, which will rank pari passu with the existing Ordinary Shares, to be admitted to trading on AIM and it is expected that this will take place at 8.00 a.m. on or around 9 April 2026 ("Admission"). The Company has received the proceeds of the warrant exercises of GBP79,800.
Total Voting Rights
Following Admission, Arkle will have 1,521,110,997 Ordinary Shares in issue which will also represent the total number of voting rights in the Company. The above figure should 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 to their interest in, the Company under the FCA's Disclosure and Transparency Rules.
Grant of Share Options
Arkle also announces the grant of share options over 130,000,000 Ordinary Shares to certain key employees, advisers, consultants and directors, with an exercise price of 0.95 pence, approximately a 65% premium to the Company's closing share price on 1 April 2026, (the "Options"), to incentivise long-term growth reflected in the Company's valuation. The Options vest immediately and are valid for a period of five years. The vesting criteria requires the recipient to remain engaged by the Company at the time of exercise. These new Options replace all options previously held by directors and management which have been cancelled.
Schedule of Director/PDMR & Adviser/Consultant Options
Director | Position | No. Options Granted |
John Teeling | Executive Chairman | 10,000,000 |
Rory Harding | Director, Interim CEO | 45,000,000 |
James Finn | Financial Director & Co. Secretary | 10,000,000 |
David Cockbill | Non-Executive Director | 15,000,000 |
Robin Birchall | Non-Executive Director | 10,000,000 |
Mark Burnett | Strategic Adviser & Board Observer | 20,000,000 |
Chris Healey | Chief Geologist | 5,000,000 |
Aron Haludilu | Country Manager, Namibia | 10,000,000 |
TOTAL |
| 125,000,000 |
The remaining 5,000,000 Options are being awarded to a consultant on the same terms as described above.
Contacts:
Arkle Resources Rory Harding, Interim CEO John Teeling, Chairman |
+44 (0)20 3051 5348 +353 (0) 1 833 2833 |
| |
SP Angel Corporate Finance Matthew Johnson Charlie Bouverat Adam Cowl | Nominated Adviser & Joint Broker +44 (0)20 3470 0470 |
First Equity Limited Jason Robertson | Joint Broker +44 (0)20 7374 2212 |
Vigo Consulting | UK Media & IR |
Ben Simons Seb Weller | +44 (0)20 7390 0234 arkle.ir@vigoconsulting.com |
Teneo Luke Hogg Molly Mooney | Ireland Media +353 (0) 1 661 4055 |
About Arkle Resources
Arkle Resources PLC (LSE:ARK) is a multi-commodity exploration company focused on metals which are essential for the generation and storage of clean energy - uranium, lithium and zinc. Its projects are in premier mining jurisdictions in Namibia, Botswana and Ireland, adjacent to world-class deposits.
Founded in 2004 by John Teeling and Jim Finn, the Company co-discovered the Stonepark zinc deposit in County Limerick - now Ireland's second largest undeveloped resource - in joint venture with Teck Ireland. Teck's interest was acquired by Group Eleven Resources (TSX-V: ZNG), who continue to advance the project alongside Arkle.
In January 2026, the Company announced a transformative deal to acquire Namibia Uranium, which has introduced four highly prospective uranium licences contiguous to major producing and development assets in what is a world-class uranium jurisdiction.
This acquisition, alongside the Company's existing licence portfolio and the introduction of new management, repositions Arkle to become a leading explorer in energy metals.
For more information visit: www.arkleresources.com
Follow us on social media:
www.x.com/ArkleResources
www.linkedin.com/company/arkle-resources-plc
The person who arranged for the release of this announcement on behalf of the Company was Jim Finn, Director.
A copy of this announcement is available on the Company's website at: www.arkleresources.com.
Market Abuse Regulation (MAR) Disclosure
This announcement contains inside information for the purposes of Article 7 of the Market Abuse Regulation (EU) 596/2014 as it forms part of UK domestic law by virtue of the European Union (Withdrawal) Act 2018 ("MAR"), and is disclosed in accordance with the Company's obligations under Article 17 of MAR.
APPENDIX
The information set out below is provided in accordance with the requirements of Article 19(3) of UK MAR.
1. | Details of the person discharging managerial responsibilities / person closely associated | |
a) | Name | 1. John Teeling 2. David Cockbill |
2. | Reason for the Notification | |
a) | Position/status | 1. Executive Chairman 2. Non-Executive Director |
b) | Initial notification / Amendment | Initial notification |
3. | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |
a) | Name | Arkle Resources plc |
b) | LEI | 213800CTOO8MOLMNEQ44 |
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 | Ordinary Shares of EUR0.0025 each |
Identification Code | IE00B2357X72 | |
b) | Nature of the transaction | Exercise of Warrants |
c) | Price(s) and volume(s) | 1. 10,000,000 at 0.35 pence 2. 6,000,000 at 0.35 pence |
d) | Aggregated information: · Aggregated volume · Price | 1. 10,000,000 at 0.35 pence 2. 6,000,000 at 0.35 pence |
e) | Date of the transaction | 1 April 2026 |
f) | Place of the Transaction | London Stock Exchange |
1. | Details of the person discharging managerial responsibilities / person closely associated | |
a) | Name | 3. John Teeling 4. Rory Harding 5. James Finn 6. David Cockbill 7. Robin Birchall 8. Mark Burnett 9. Chris Healey 10. Aron Haludilu
|
2. | Reason for the Notification | |
a) | Position/status | 3. Executive Chairman 4. Director, Interim CEO 5. Director, Financial Director & Co. Secretary 6. Non-Executive Director 7. Non-Executive Director 8. Strategic Adviser & Board Observer 9. Chief Geologist 10. Country Manager, Namibia |
b) | Initial notification / Amendment | Initial notification |
3. | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |
a) | Name | Arkle Resources plc |
b) | LEI | 213800CTOO8MOLMNEQ44 |
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 | Ordinary Shares of EUR0.0025 each |
Identification Code | IE00B2357X72 | |
b) | Nature of the transaction | Grant of Options |
c) | Price(s) and volume(s) | Exercise price - 0.95 pence 1. 10,000,000 2. 45,000,000 3. 10,000,000 4. 15,000,000 5. 10,000,000 6. 20,000,000 7. 5,000,000 8. 10,000,000
|
d) | Aggregated information: · Aggregated volume · Price | 1. 10,000,000 2. 45,000,000 3. 10,000,000 4. 15,000,000 5. 10,000,000 6. 20,000,000 7. 5,000,000 8. 10,000,000
Exercise price - 0.95 pence
|
e) | Date of the transaction | 1 April 2026 |
f) | Place of the Transaction | Off market |
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