PANTHERA RESOURCES PLC — Share Issue/Capital Change 2026

Apr 9, 2026

National Storage Mechanism | Additional information

RNS Number : 8741Z

Panthera Resources PLC

09 April 2026

The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the UK Market Abuse Regulation

9 April 2026

Panthera Resources Plc

("Panthera" or the "Company")

Issuer LEI: 203213800IB98EG6736XN82

Issue of Equity - In Lieu of Fees

Gold exploration and development company Panthera Resources Plc (AIM: PAT), with assets in West Africa and India, announces the issue of 158,337 new ordinary shares of 1p each in the capital of the Company (the "Ordinary Shares"), at an average issue price of 16.973 pence per new Ordinary Share (the "Issue Price") to settle certain director fees.

The Company has agreed to issue 158,337 new Ordinary Shares in order to satisfy the Company's non-executive directors' accrued fees for the period between October 2025 to 31 March 2026 (together the "Fee Shares").

The issue of equity in order to satisfy accrued fees has been done in previous years in relation to the Company's non-executive directors. In this regard, the issue of the Fee Shares reduces the Company's cash expenditures and further aligns the interests of the Company's board of directors with the Company's shareholders. The Fee Shares were priced at the 30-day volume-weighted average price in the month preceding each respective fee period. Further details of the Fee Shares are as follows:

Name (Title) (Description)	PRICE PER Fee SHARE	NUMBER OF Fee SHARES ISSUED	beneficial SHARES HELD AFTER ISSUE	% HOLDING POST ISSUE
MICHAEL HIGGINS (Chairman)
50% fees Oct-Mar 2026	£0.16973	51,552
Total		51,552	9,795,825	3.79%
David Stein (Director)
50% fees Oct-Mar 2026	£0.16973	29,458
Total		29,458	871,941	0.34%
Catherine Apthorpe (Director)
50% fees Oct-Mar 2026	£0.16973	29,458
Total		29,458	831,785	0.32%
Timothy Hargreaves (Director)
50% fees Oct-Mar 20256	£0.16973	47,869
Total		47,869	3,005,320	1.16%
Grand Total		158,337

Application for Admission

Application has been made for the 158,337 new Ordinary Shares to be admitted to trading on AIM, which is expected to take effect on or around 13 April 2026 ("Admission").

Following Admission, the Company's issued share capital will comprise 258,298,088 Ordinary Shares. The Company does not hold any Ordinary Shares in treasury. 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 Financial Conduct Authority's Disclosure Guidance and Transparency Rules.

Contacts

Panthera Resources PLC

Mark Bolton (Managing Director)                                                                              +61 411 220 942

[email protected]

Allenby Capital Limited (Nominated Adviser)                                            +44 (0) 20 3328 5656

John Depasquale / Vivek Bhardwaj (Corporate Finance)                                                               

VSA Capital Limited (Joint Broker)                                                                   +44 (0) 20 3005 5000

Andrew Monk / Andrew Raca

AlbR Capital Limited (Joint Broker)                                                                 +44 (0) 20 7399 9400

Colin Rowbury                                                                                                                                                  

Subscribe for Regular Updates

Follow the Company on Twitter at @PantheraPLC

For more information and to subscribe to updates visit: pantheraresources.com

Subscribe for Regular Updates

Follow the Company on Twitter at @PantheraPLC

For more information and to subscribe to updates visit: pantheraresources.com

Forward-looking Statements

This news release contains forward-looking statements that are based on the Company's current expectations and estimates. Forward-looking statements are frequently characterised by words such as "plan", "expect", "project", "intend", "believe", "anticipate", "estimate", "suggest", "indicate" and other similar words or statements that certain events or conditions "may" or "will" occur. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that could cause actual events or results to differ materially from estimated or anticipated events or results implied or expressed in such forward-looking statements. Such factors include, among others: the actual results of current exploration activities; conclusions of economic evaluations; changes in project parameters as plans continue to be refined; possible variations in ore grade or recovery rates; accidents, labour disputes and other risks of the mining industry; delays in obtaining governmental approvals or financing; and fluctuations in metal prices. There may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. Any forward-looking statement speaks only as of the date on which it is made and, except as may be required by applicable securities laws, the Company disclaims any intent or obligation to update any forward-looking statement, whether as a result of new information, future events or results or otherwise. Forward-looking statements are not guarantees of future performance and accordingly, undue reliance should not be put on such statements due to the inherent uncertainty therein.

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them:

1. 

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

PDMRs:

Michael Higgins	Non-Executive Chairman
Catherine Apthorpe	Non-Executive Director
David Stein	Non-Executive Director
Timothy Hargreaves	Non-Executive Director

2. 

Reason for the Notification

a)

Position/status

See 1a) above

b)

Initial notification/Amendment

Initial Notification

3. 

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Panthera Resources Plc

b)

LEI

213800IB98EG6736XN82

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 of 1p each in Panthera Resources Plc

Identification code

ISIN: GB00BD2B4L05

b)

Nature of the transaction

Fee Shares

c)

Price(s) and volume(s)

Name	Price(s)	Volume(s)
Michael Higgins	£0.16973	51,552
Catherine Apthorpe	£0.16973	29,458
David Stein	£0.16973	29,458
Timothy Hargreaves	£0.16973	47,869

d)

Aggregated information:

-  Aggregated volume

158,337

-  Price

£0.16973

e)

Date of the transaction

9 April 2026

f)

Place of the transaction

Outside a trading venue

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

IOEILMJTMTTMBLF