Kazera Global PLC
15 September 2026
The information contained within this announcement is deemed to constitute inside information as stipulated under the retained EU law version of the Market Abuse Regulation (EU) No. 596/2014 (the "UK MAR") which is part of UK law by virtue of the European Union (Withdrawal) Act 2018. The information is disclosed in accordance with the Company's obligations under Article 17 of the UK MAR. Upon the publication of this announcement, this inside information is now considered to be in the public domain.
15 September 2026
Kazera Global plc
("Kazera" or the "Company")
Additional Subscription and Angola Strategic Discussions
Fundraising increased to £722,000
Kazera Global plc (AIM: KZG), the AIM-quoted investment company, is pleased to announce that, further to its announcements of 8 September 2026, the Company has received a binding commitment for an additional direct subscription of £221,962.44 (the "Additional Subscription").
Under the Additional Subscription, the investor has committed to subscribe for 11,098,122 new Ordinary Shares (the "Additional Subscription Shares") at the previously announced issue price of 2.0 pence per Ordinary Share (the "Issue Price").
The Additional Subscription was referred to in the Company's fundraising announcement of 8 September 2026 as a potential further direct subscription which could be accepted following the close of the Bookbuild and prior to Admission.
The Additional Subscription follows separate discussions with an Angola-based investment group that views Kazera as a potential platform for pursuing opportunities in Angola's mining sector.
These discussions are at an early stage but are intended to explore the basis for a broader strategic partnership, with a view to entering a memorandum of understanding and, subject to the outcome of those discussions, progressing specific investment opportunities in Angola.
As a result, the total gross proceeds of the Fundraising will increase from £500,000 to approximately £722,000, through the proposed issue of an aggregate of 36,098,122 new Ordinary Shares pursuant to the Placing, Subscription and Additional Subscription.
The Additional Subscription is conditional, amongst other things, upon the passing of the Resolutions at the General Meeting of the Company to be held at 10.00 a.m. on 21 September 2026 and Admission of the Additional Subscription Shares becoming effective.
The Additional Subscription Shares will, when issued, be fully paid and will rank pari passu in all respects with the Company's existing Ordinary Shares.
Use of Proceeds
The Additional Subscription will form part of the Fundraising and the proceeds will be used for the purposes set out in the Company's announcements of 8 September 2026.
As previously announced, the Fundraising is intended to strengthen the Company's balance sheet and provide greater financial flexibility both to support its existing portfolio where appropriate and to pursue value-accretive investment opportunities.
Admission and Total Voting Rights
Application will be made to the London Stock Exchange for admission of the Additional Subscription Shares to trading on AIM, alongside the other New Ordinary Shares announced on 8 September 2026.
It is expected that Admission will become effective and dealings in the Additional Subscription Shares will commence at 8.00 a.m. on or around 22 September 2026, subject, amongst other things, to the Resolutions being passed at the General Meeting.
Following Admission of the Placing Shares, Subscription Shares, Additional Subscription Shares, Fee Shares and Creditor Shares, the total number of Ordinary Shares in the capital of the Company in issue will be 1,143,561,023, each with voting rights.
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 to their interest in, the Company's share capital pursuant to the Financial Conduct Authority's Disclosure Guidance and Transparency Rules.
Capitalised terms used but not defined in this announcement have the meanings given to them in the Company's announcements of 8 September 2026, unless expressly stated otherwise or the context so requires.
ENDS
For further information, visit www.kazeraglobal.com or contact:
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Kazera Global plc Richard Jennings, Interim Chief Executive Officer |
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Strand Hanson Limited (Nominated, Financial Adviser and Broker) Christopher Raggett / Ritchie Balmer |
Tel: +44 (0)207 409 3494 |
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Zeus Capital Limited (Joint Broker) Harry Ansell / Simon Johnson / Katy Mitchell |
Tel: +44 (0)203 829 5000 |
Notes
Kazera Global plc (LON: KZG) is a diversified commodity investment company focused on unlocking value through production growth and disciplined portfolio management. While production builds at its Whale Head Minerals (Heavy Mineral Sands) and Deep Blue Minerals (diamond) assets in South Africa's Northern Cape province, the Company also continues to assess new opportunities to expand its growth pipeline and deliver sustainable returns.
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