Exercise of Warrants and Total Voting Rights

19 February 2026

ACG METALS LIMITED

Exercise of Warrants and Total Voting Rights

Exercise of Sponsor Warrants & Updated Warrant Position

ACG Metals Limited ("ACG" or the "Company") has received exercise notices in respect of 64,423 sponsor warrants, which will result in the issuance of 43,074 new class A ordinary shares (the "Warrant Shares"). The total number of warrants outstanding following this exercise will be 11,583,331, comprising 5,057,740 private placement warrants, 2,370,420 public warrants, and 4,155,171 sponsor warrants.

Admission to Trading & Total Voting Rights

Application has been made for the 43,074 Warrant Shares to be listed in the equity shares (transition) category of the Official List of the Financial Conduct Authority (the "FCA") and admitted to trading on the main market for listed securities of London Stock Exchange plc (together, "Admission"), which is expected to occur at or around 8.00 a.m. on 20 February 2026. The Warrant Shares will, when issued, be fully paid and will rank pari passu in all respects with the existing class A ordinary shares of the Company, including the right to receive all dividends and other distributions declared, made or paid after the date of issue.

Immediately following Admission, the Company's issued share capital will total 23,122,425 class A ordinary shares. There are no ordinary shares held in treasury. Therefore, the Company confirms that the total number of voting rights in the Company will, following Admission, be 23,122,425 class A ordinary shares which is the figure that may be used by shareholders as the denominator for the calculation by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the FCA's Disclosure Guidance and Transparency Rules.

Admission Details

- ENDS -

The person responsible for the release of this information on behalf of the Company is Artem Volynets, Chief Executive Officer.

For further information please contact:

Palatine

Communications Advisor

Conal Walsh / James Gilheany/ Kelsey Traynor/ Joshua Wolff

[email protected]

Berenberg 

Research Analysts

Richard Hatch

+44 (0) 20 3753 3070

Joint Broker

Jennifer Lee

+44 (0) 20 3207 7800

Canaccord

Research Analysts

Tim Huff

+44 (0) 20 7523 8374

Joint Broker

James Asensio / Charlie Hammond

+ 44 (0) 20 7523 80

Stifel

Joint Broker

Ashton Clanfield / Varun Talwar

+44 (0) 20 7710 7600

Cantor Fitzgerald

Research Analysts

Puneet Singh

+1 (416) 350-8153

About the Company  

ACG Metals is a company with a vision to consolidate the copper industry through a series of roll-up acquisitions, with best-in-class ESG and carbon footprint characteristics. 

In September 2024, ACG successfully completed the acquisition of the Gediktepe Mine which is expected to transition to primary copper and zinc production from 2026 and will target annual steady-state copper equivalent production of 20-25 kt. Gediktepe sold 57koz of AuEq in 2024.

ACG's team has extensive M&A experience built through decades spent at blue-chip multinationals in the sector. The team brings a significant network as well as a commitment to ESG principles and strong corporate governance. 

LON: ACG | OTCQX: ACGAF | LON:ACGW | Xetra: ACG | Bond ISIN: NO0013414565

For more information about ACG, please visit: www.acgmetals.com