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Completion of Capital Re-Organisation & TVR

10th Nov 2025 16:51

RNS Number : 9351G
Everest Global PLC
10 November 2025
 

10 November 2025

Everest Global plc

("Everest" or the "Company")

 

Completion of Capital Re-Organisation & Total Voting Rights

Further to the announcement of the results of the General Meeting ("GM") held on 7 November 2025, the Company is pleased to confirm that the Capital Re-Organisation (the "Capital Re-Organisation"), as approved by shareholders at the GM, has now completed.

The Resolutions put to shareholders at the GM to approve the sub-division and re-classification of the Company's existing ordinary shares (the "Existing Ordinary Shares") and the subsequent consolidation into new ordinary shares (the "New Ordinary Shares"), together with the adoption of new Articles of Association, were duly passed by the requisite majorities of shareholders. The completion of the Capital Re-Organisation provides the Company with a simplified capital structure and enhanced flexibility for future corporate developments, and the Board would like to thank shareholders for their strong support for these proposals.

As part of the Capital Re-Organisation completion process, the Company has also corrected a historical omission relating to 12,500,000 consideration shares that were issued in March 2024 in connection with the acquisition of Precious Link (UK) Limited, as announced on 18 December 2023, which should have been admitted to trading on completion of the acquisition. Accordingly, the resulting New Ordinary Shares are included within the shares admitted today.

Following completion of the Capital Re-Organisation, the total number of New Ordinary Shares in issue is 386,945. The Company does not hold any shares in treasury. Therefore, the total number of voting rights in the Company is 386,945. This figure (386,945) may be used by shareholders as the denominator for the calculations by which they determine whether they are required to notify their interest in, or a change to their interest in, the Company under the Financial Conduct Authority's Disclosure Guidance and Transparency Rules. Trading in the New Ordinary Shares commenced on the Main Market of the London Stock Exchange at 8:00 a.m. today.

The new ISIN for the New Ordinary Shares is GB00BVD9DK18. The Company's ticker, EVST, is unchanged.

For further information please contact the following:

Everest Global plc

 

Andy Sui, Chief Executive Officer

Rob Scott, Non-Executive Director

+44 (0) 776 775 1787

+27 (0)84 6006 001

SPARK Advisory Partners Limited

 

Andrew Emmott

 

+44 (0) 20 3368 3555

 

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