PR Newswire
LONDON, United Kingdom, February 02
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN WHOLE
OR IN PART, IN OR INTO OR WITHIN THE UNITED STATES, AUSTRALIA, NEW ZEALAND,
CANADA, SOUTH AFRICA OR JAPAN, OR ANY MEMBER STATE OF THE EEA, OR ANY OTHER
JURISDICTION WHERE, OR TO ANY OTHER PERSON TO WHOM, TO DO SO MIGHT CONSTITUTE A
VIOLATION OR BREACH OF ANY APPLICABLE LAW OR REGULATION. PLEASE SEE THE
IMPORTANT NOTICE AT THE END OF THIS ANNOUNCEMENT.
THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES OF ARTICLE 7 OF
THE MARKET ABUSE REGULATION (EU) 596/2014 WHICH FORMS PART OF THE LAWS OF
ENGLAND AND WALES PURSUANT TO THE EUROPEAN UNION (WITHDRAWAL) ACT 2018 («UK
MAR»). UPON PUBLICATION OF THIS ANNOUNCEMENT THIS INSIDE INFORMATION IS NOW
CONSIDERED TO BE WITHIN THE PUBLIC DOMAIN.
2 February 2026
Richmond Hill Resources Plc
(«Richmond Hill» or the «Company»)
Result of WRAP Retail Offer
Richmond Hill Resources is pleased to announce that further to the announcement
on 28 January 2026, the WRAP Retail Offer has raised gross proceeds of £39,000,
through the issue of 1,505,298 new ordinary shares of 0.1 pence each («Ordinary
Shares») at a price of 2.6 pence per share (the «WRAP Retail Offer Shares»).
With the proceeds of the Placing of £600,000, in aggregate the Company has
therefore raised gross proceeds of approximately £639,000 at a price of 2.6
pence per new Ordinary Share.
Admission and Total Voting Rights
Application has been made for the WRAP Retail Offer Shares to be admitted to
trading on AIM («Admission»). Admission is expected to become effective and
dealings in the WRAP Retail Offer Shares is expected to commence on or around 11
February 2026.
For the purposes of the Disclosure and Transparency Rules, following Admission,
the Company’s issued share capital will comprise 658,843,247 Ordinary Shares of
0.1 pence each. This figure may be used by shareholders as the denominator for
calculations to determine if they are required to notify their interest in, or a
change to their interest in, the Company under the Disclosure and Transparency
Rules.
The new Ordinary Shares to be issued pursuant to the WRAP Retail Offer will be
issued free of all liens, charges and encumbrances and will, on Admission, rank
pari passu in all respects with the Company’s existing Ordinary Shares.
Capitalised terms used in this announcement shall, unless otherwise defined,
have the same meanings as set out in the Company’s announcement on 28 January
2026.
Richmond Hill Resources +44 (0) 7879 58 4153
Hamish Harris
Clear Capital Markets Limited (Broker) +44 (0) 20 3869 6080
Bob Roberts
Winterflood Retail Access Platform [email protected]
Sophia Bechev, Kaitlan Billings +44(0) 20 3100 0214
Cairn Financial Advisers LLP (Nominated Adviser) +44 (0) 20 7213 0880
Ludovico Lazzaretti / James Western
Further information on the Company can be found on its website at
www.richmondhillresources.com/
The Company’s LEI is 2138009XFT53PKLIH113
This announcement should be read in its entirety. In particular, the information
in the «Important Notices» section of the announcement should be read and
understood.
Important Notices
The content of this announcement has been prepared by and is the sole
responsibility of the Company.
This announcement and the information contained herein is not for release,
publication or distribution, directly or indirectly, in whole or in part, in or
into or from the United States (including its territories and possessions, any
state of the United States and the District of Columbia (the «United States» or
«US»)), Australia, Canada, New Zealand, Japan, the Republic of South Africa, any
member state of the EEA or any other jurisdiction where to do so might
constitute a violation of the relevant laws or regulations of such jurisdiction.
This announcement is not for publication or distribution, directly or
indirectly, in or into the United States of America. This announcement is not
an offer of securities for sale into the United States. The securities referred
to herein have not been and will not be registered under the US Securities Act,
and may not be offered or sold in the United States, except pursuant to an
applicable exemption from registration. No public offering of securities is
being made in the United States.
The distribution of this announcement may be restricted by law in certain
jurisdictions and persons into whose possession any document or other
information referred to herein comes should inform themselves about and observe
any such restriction. Any failure to comply with these restrictions may
constitute a violation of the securities laws of any such jurisdiction.
WRAP is a proprietary technology platform owned and operated by Winterflood
Securities Ltd (registered address at Riverbank House, 2 Swan Lane, London EC4R
3GA; FRN 141455). Winterflood Securities Ltd («Winterflood») is authorised and
regulated in the United Kingdom by the Financial Conduct Authority, is acting
exclusively for the Company and for no-one else and will not regard any other
person (whether or not a recipient of this announcement) as its client in
relation to the WRAP Retail Offer and will not be responsible to anyone other
than the Company for providing the protections afforded to its clients, nor for
providing advice in connection with the WRAP Retail Offer, Admission and the
other arrangements referred to in this announcement.
The value of Ordinary Shares and the income from them is not guaranteed and can
fall as well as rise due to stock market movements. When you sell your
investment, you may get back less than you originally invested. Figures refer to
past performance and past performance is not a reliable indicator of future
results. Returns may increase or decrease as a result of currency fluctuations.
Certain statements in this announcement are forward-looking statements which are
based on the Company’s expectations, intentions and projections regarding its
future performance, anticipated events or trends and other matters that are not
historical facts. These forward-looking statements, which may use words such as
«aim», «anticipate», «believe», «intend», «estimate», «expect» and words of
similar meaning, include all matters that are not historical facts. These
forward-looking statements involve risks, assumptions and uncertainties that
could cause the actual results of operations, financial condition, liquidity and
dividend policy and the development of the industries in which the Company’s
businesses operate to differ materially from the impression created by the
forward-looking statements. These statements are not guarantees of future
performance and are subject to known and unknown risks, uncertainties and other
factors that could cause actual results to differ materially from those
expressed or implied by such forward-looking statements. Given those risks and
uncertainties, prospective investors are cautioned not to place undue reliance
on forward-looking statements.
These forward-looking statements speak only as at the date of this announcement
and cannot be relied upon as a guide to future performance. The Company and
Winterflood expressly disclaim any obligation or undertaking to update or revise
any forward-looking statements contained herein to reflect actual results or any
change in the assumptions, conditions or circumstances on which any such
statements are based unless required to do so by the Financial Conduct
Authority, the London Stock Exchange or applicable law.
The information in this announcement is for background purposes only and does
not purport to be full or complete. None of Winterflood or any of its
affiliates, accepts any responsibility or liability whatsoever for, or makes any
representation or warranty, express or implied, as to this announcement,
including the truth, accuracy or completeness of the information in this
announcement (or whether any information has been omitted from the announcement)
or any other information relating to the Company or associated companies,
whether written, oral or in a visual or electronic form, and howsoever
transmitted or made available or for any loss howsoever arising from any use of
the announcement or its contents or otherwise arising in connection therewith.
Winterflood and its affiliates, accordingly disclaim all and any liability
whether arising in tort, contract or otherwise which they might otherwise be
found to have in respect of this announcement or its contents or otherwise
arising in connection therewith.
Any indication in this announcement of the price at which the Ordinary Shares
have been bought or sold in the past cannot be relied upon as a guide to future
performance. Persons needing advice should consult an independent financial
adviser. No statement in this announcement is intended to be a profit forecast
and no statement in this announcement should be interpreted to mean that
earnings or target dividend per share of the Company for the current or future
financial years would necessarily match or exceed the historical published
earnings or dividends per share of the Company.
Neither the content of the Company’s website (or any other website) nor the
content of any website accessible from hyperlinks on the Company’s website (or
any other website) is incorporated into or forms part of this announcement. The
WRAP Retail Offer Shares to be issued or sold pursuant to the WRAP Retail Offer
will not be admitted to trading on any stock exchange other than the London
Stock Exchange.
Cairn Financial Advisers LLP («Cairn»), which is authorised and regulated by the
FCA in the United Kingdom, is acting as Nominated Adviser to the Company. Cairn
has not authorised the contents of, or any part of, this announcement, and no
liability whatsoever is accepted by Cairn for the accuracy of any information or
opinions contained in this announcement or for the omission of any material
information. The responsibilities of Cairn as the Company’s Nominated Adviser
under the AIM Rules for Companies and the AIM Rules for Nominated Advisers are
owed solely to London Stock Exchange plc and are not owed to the Company or to
any director or shareholder of the Company or any other person, in respect of
its decision to acquire shares in the capital of the Company in reliance on any
part of this announcement, or otherwise.
Clear Capital Markets Limited («Clear Capital») is authorised and regulated by
the FCA in the United Kingdom. Clear Capital is acting solely as broker
exclusively for the Company and no one else in connection with the Placing and
will not regard any other person (whether or not a recipient of this
announcement) as its client in relation to the Placing or the contents of this
announcement nor will it be responsible to anyone other than the Company for
providing the protections afforded to its clients or for providing advice in
relation to the contents of this announcement. Apart from the responsibilities
and liabilities, if any, which may be imposed on Clear Capital by FSMA or the
regulatory regime established thereunder, Clear Capital accepts no
responsibility whatsoever, and makes no representation or warranty, express or
implied, for the WRAP Retail Offer or the contents of this announcement
including its accuracy, completeness or verification or for any other statement
made or purported to be made by it, or on behalf of it, the Company or any other
person, in connection with the Company and the contents of this announcement,
whether as to the past or the future. Clear Capital accordingly disclaims all
and any liability whatsoever, whether arising in tort, contract or otherwise
(save as referred to above), which it might otherwise have in respect of the
contents of this announcement or any such statement.
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