22 Dec 2025 17:49
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Corcel PLC
("Corcel" or the "Company")
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BLOCK ADMISSION SIX MONTH RETURN
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22 December 2025
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Corcel today makes the following notification pursuant to Schedule Six of the AIM Rules for Companies regarding its existing block admission arrangements.
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Name of applicant: | Corcel Plc | |||
Name of scheme: | Warrant Block Admission | |||
Period of return: | From: | 24.06.2025 | To: | 22.12.2025 |
Balance of unallotted securities under scheme(s) from previous return: | 944,575,000 | |||
Plus:Β The amount by which the block scheme(s) has been increased since the date of the last return (if any increase has been applied for): | Nil | |||
Less:Β Number of securities issued/allotted under scheme(s) during period (see UKLR20.6.7G): | 748,125,000 | |||
Equals:Β Balance under scheme(s) not yet issued/allotted at end of period: | 196,450,000 | |||
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Name of contact: | Corcel plc |
Email contact: | Development@Corcelplc.com |
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For further information, please contact:
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Scott Gilbert
Corcel Plc, CEO & Director
Development@Corcelplc.com
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Melissa Byeon
Corcel Plc, Public Relations Officer
Development@Corcelplc.com
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James Joyce / James Bavister / Andrew de Andrade
Zeus, NOMAD & Broker
020 3829 5000
Jonathan Wright / Rupert Holdsworth Hunt
Auctus Advisors LLP, Joint Broker
07711 627449
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About Corcel
Corcel has a notable oil and gas portfolio in onshore Angola that includes brownfield redevelopment opportunities and significant exploration upside. Corcel marked a new country entry into Brazil through the option to acquire rights to producing gas and exploration assets, further diversifying its portfolio and enhancing its growth potential.
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Corcel's Angola portfolio consists of interests in three licenses:
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Β· KON - 16 upon completion: operated - 80% working interest - 71.5% net to CRCL
Β· KON - 11 Non-Operated - 20% working interest - 18% net to CRCL
Β· KON - 12 Non-Operated - 25% working interest - 22.5% net to CRCL
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