4th Nov 2025 07:00
4 November 2025
Cobra Resources plc
("Cobra" or the "Company")
Total Voting Rights, Exercise of Warrants, PDMR Dealings
Cobra (LSE: COBR), a South Australian mineral exploration and development company, announces, in conformity with the Financial Conduct Authority's Disclosure Guidance and Transparency Rule 5.6.1R, that, as at 31 October 2025, its issued share capital comprises 924,882,429 ordinary shares of nominal value 1 pence each ("Ordinary Shares"). Each Ordinary Share carries the right to one vote in relation to all circumstances at general meetings of the Company. The Company does not hold any shares in treasury and therefore the total number of voting rights attributable to the Ordinary Shares is 924,882,429.
The above figure may be used by shareholders of the Company 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 under the Financial Conduct Authority's Disclosure Guidance and Transparency Rules.
The Company further announces that it has received notice of exercise of warrants ("Warrants") to subscribe for a total of 7,460,165 new Ordinary Shares ("New Ordinary Shares"). The total consideration paid to the Company in connection with the exercise of such Warrants is £223,804.95. This figure takes the total number of new Ordinary Shares applied for in connection with Warrants above the Company's existing block listing such that the block listing has now been fully utilised.
Included in the exercise of Warrants, were Warrants held by certain directors of the Company, who elected to exercise a combined total of 2,233,332 Warrants. Directors who elected to exercise Warrants are detailed below, along with further details included in accordance with the requirements of Article 19(3) of Regulation 2014/596/EU, which is part of the domestic law of the United Kingdom of Great Britain and Northern Ireland pursuant to the Market Abuse Amendment (EU Exit) Regulations (SI 2019/310) ("UK MAR").
The New Ordinary Shares will rank pari passu with the existing Ordinary Shares. The issue of 679,585 New Ordinary Shares was included in the Company's existing block listing and application will be made for the remaining 6,780,580 New Ordinary Shares to be admitted to the equity shares (transition) category of the Official List of the Financial Conduct Authority ("FCA") and to trading on the main market for listed securities of London Stock Exchange plc.
Upon Admission, the Company's issued share capital will consist of 932,342,594 Ordinary Shares with one voting right each. The Company does not hold any Ordinary Shares in treasury. Therefore, the total number of voting rights in the Company will be 932,342,594. With effect from Admission, this figure may be used by shareholders in the Company 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 share capital of the Company under the FCA's Disclosure Guidance and Transparency Rules.
Director Name | Number of 3p Warrants Exercised |
Daniel Maling | 200,000 |
David Brian Clarke | 1,666,666 |
Gregory Hancock | 200,000 |
Rupert Verco | 166,666 |
Enquiries:
Cobra Resources plc Rupert Verco (Australia) Dan Maling (UK) | via Vigo Consulting +44 (0)20 7390 0234
|
SI Capital Limited (Joint Broker) Nick Emerson Sam Lomanto | +44 (0)1483 413 500
|
Global Investment Strategy (Joint Broker) James Sheehan | +44 (0)20 7048 9437 |
Vigo Consulting (Financial Public Relations) Ben Simons Fiona Hetherington Anna Stacey | +44 (0)20 7390 0234 |
The person who arranged for the release of this announcement was Rupert Verco, Managing Director of the Company.
About Cobra
Cobra Resources is a South Australian critical minerals developer, advancing assets at all stages of the pre-production pathway.
In 2023, Cobra identified the Boland ionic rare earth discovery at its Wudinna Project in the Gawler Craton - Australia's only rare earth project suitable for in situ recovery (ISR) mining. ISR is a low-cost, low-disturbance extraction method that eliminates the need for excavation, positioning Boland to achieve bottom-quartile recovery costs.
In 2025, Cobra further expanded its portfolio by optioning the Manna Hill Copper Project in the Nackara Arc, South Australia. The project contains multiple underexplored prospects with strong potential to deliver large-scale copper discoveries.
In 2025, Cobra sold its Wudinna Gold Assets to Barton Gold (ASX: BDG) for up to A$15 million in cash and shares.
Regional map showing Cobra's tenements in South Australia
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LinkedIn: https://www.linkedin.com/company/cobraresourcesplc
X: https://twitter.com/Cobra_Resources
Engage with us by asking questions, watching video summaries and seeing what other shareholders have to say. Navigate to our Interactive Investor hub here: https://investors.cobraplc.com/
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The information set out below is provided in accordance with the requirements of Article 19(3) of UK MAR.
1 | Details of the person discharging managerial responsibilities / person closely associated | |||||
a) | Name | Daniel Maling | ||||
2 | Reason for Notification | |||||
a) | Position/status | Non-Executive Director, PDMR | ||||
b) | Initial notification/amendment | Initial notification | ||||
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
a) | Name | Cobra Resources plc | ||||
b) | LEI | 213800XTW5PLLK72TQ57 | ||||
4 | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | |||||
a) | Description of the financial instrument, type of instrument | Ordinary Shares | ||||
Identification code | GB00BGJW5255 | |||||
b) | Nature of the transaction | Exercise of warrants | ||||
c) | Price(s) and volume(s) |
| ||||
d) | Aggregated information | |||||
- Aggregated volume | N/A | |||||
- Price | N/A | |||||
e) | Date of the transaction | 23 October 2025 | ||||
f) | Place of the transaction | Off Market | ||||
1 | Details of the person discharging managerial responsibilities / person closely associated | |||||
a) | Name | David Brian Clarke | ||||
2 | Reason for Notification | |||||
a) | Position/status | Non-Executive Director, PDMR | ||||
b) | Initial notification/amendment | Initial notification | ||||
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
a) | Name | Cobra Resources plc | ||||
b) | LEI | 213800XTW5PLLK72TQ57 | ||||
4 | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | |||||
a) | Description of the financial instrument, type of instrument | Ordinary Shares | ||||
Identification code | GB00BGJW5255 | |||||
b) | Nature of the transaction | Exercise of warrants | ||||
c) | Price(s) and volume(s) |
| ||||
d) | Aggregated information | |||||
- Aggregated volume | N/A | |||||
- Price | N/A | |||||
e) | Date of the transaction | 26 October 2025 | ||||
f) | Place of the transaction | Off Market | ||||
1 | Details of the person discharging managerial responsibilities / person closely associated | |||||
a) | Name | Gregory Hancock | ||||
2 | Reason for Notification | |||||
a) | Position/status | Chairman, PDMR | ||||
b) | Initial notification/amendment | Initial notification | ||||
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
a) | Name | Cobra Resources plc | ||||
b) | LEI | 213800XTW5PLLK72TQ57 | ||||
4 | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | |||||
a) | Description of the financial instrument, type of instrument | Ordinary Shares | ||||
Identification code | GB00BGJW5255 | |||||
b) | Nature of the transaction | Exercise of warrants | ||||
c) | Price(s) and volume(s) |
| ||||
d) | Aggregated information | |||||
- Aggregated volume | N/A | |||||
- Price | N/A | |||||
e) | Date of the transaction | 24 October 2025 | ||||
f) | Place of the transaction | Off Market | ||||
1 | Details of the person discharging managerial responsibilities / person closely associated | |||||
a) | Name | Rupert Verco | ||||
2 | Reason for Notification | |||||
a) | Position/status | Chief Executive Officer, PDMR | ||||
b) | Initial notification/amendment | Initial notification | ||||
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
a) | Name | Cobra Resources plc | ||||
b) | LEI | 213800XTW5PLLK72TQ57 | ||||
4 | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | |||||
a) | Description of the financial instrument, type of instrument | Ordinary Shares | ||||
Identification code | GB00BGJW5255 | |||||
b) | Nature of the transaction | Exercise of warrants | ||||
c) | Price(s) and volume(s) |
| ||||
d) | Aggregated information | |||||
- Aggregated volume | N/A | |||||
- Price | N/A | |||||
e) | Date of the transaction | 24 October 2025 | ||||
f) | Place of the transaction | Off Market | ||||
Related Shares:
Cobra Resources