30 September 2026
Kazera Global plc
(“Kazera” or the “Company”)
Issue of Shares and Total Voting Rights
Kazera Global plc (AIM: KZG), the AIM-quoted investment company, announces the issue of new ordinary shares in the capital of the Company (“Ordinary Shares”) in connection with the settlement with Fujax South Africa (Pty) Ltd (“Fujax”) and in satisfaction of fees owed to a professional adviser.
Fujax Settlement Shares
Further to the Company’s announcements of 3 September and 8 September 2026, the number of new Ordinary Shares to be issued in connection with the settlement with Fujax has now been determined.
As previously announced, US$500,000 of the US$1.0 million settlement sum is to be satisfied through the issue of new Ordinary Shares at an issue price equal to the lower of 2 pence per Ordinary Share and the 10-day volume weighted average price (“VWAP”) immediately preceding their issue.
The applicable 10-day VWAP as at 28 September 2026 was 1.715 pence per Ordinary Share. Based on the applicable US dollar/Sterling exchange rate, the US$500,000 has a Sterling equivalent value of £377,966.50.
Accordingly, the Company has allotted 22,035,008 new Ordinary Shares (the “Fujax Settlement Shares”) at an issue price of 1.715 pence per Ordinary Share, subject only to Admission. At Fujax’s nomination, the Fujax Settlement Shares will be issued to Fujax UK Limited and credited as fully paid.
As previously announced, no Fujax Settlement Shares may be disposed of during the first 30 days following issue. Thereafter, save with the Company’s prior written consent, on-market disposals through a broker nominated or approved by the Company are limited to no more than 25 per cent. of the Fujax Settlement Shares in any rolling 30-day period.
Professional Adviser Shares
The Company has allotted 421,875 new Ordinary Shares (the “Professional Adviser Shares”)to a professional adviser at an issue price of 1.6 pence per Ordinary Share in satisfaction of services provided, subject only to Admission.
The Professional Adviser Shares will be issued at a price of 1.6 pence per Ordinary Share, being the mid-market closing price of an Ordinary Share on the business day immediately preceding the date of the relevant notice.
Admission and Total Voting Rights
Application has been made to the London Stock Exchange for admission of the 22,035,008 Fujax Settlement Shares and 421,875 Professional Adviser Shares (together, the “New Ordinary Shares”) to trading on AIM (“Admission”).
It is expected that Admission will become effective and dealings in the 22,456,883 New Ordinary Shares will commence at 8.00 a.m. on or around 1 October 2026.
Following Admission of the New Ordinary Shares, the total number of Ordinary Shares in the capital of the Company in issue will be 1,154,919,784, 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 announcement at 4.43 p.m. on 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.