Results of Court Meeting and General Meeting for the Acquisition of Condor Gold plc by Metals Exploration plc(implemented by way of a Scheme of Arrangement under Part 26 of the Companies Act 2006) THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES OF ARTICLE 7 OF REGULATION (EU) NO 596/2014 (MAR) AS IT FORMS PART OF UK DOMESTIC LAW BY VIRTUE OF THE EUROPEAN UNION (WITHDRAWAL) ACT 2018.
The Acquisition is being implemented by way of a court-sanctioned scheme of arrangement between the Company and Condor ordinary shareholders (''). Capitalised terms in this announcement, unless otherwise defined, have the same meanings as set out in the scheme document published on 11 December 2024 in connection with the Acquisition (the''). All references to times in this announcement are to London times unless otherwise stated. The Scheme Document contained, amongst other things, a letter from the Chair of Condor, the full terms and conditions of the Scheme, an explanatory statement pursuant to section 897 of the Companies Act, an expected timetable of principal events, notices convening the Court Meeting and the General Meeting and details of the actions to be taken by Scheme Shareholders.The Company is pleased to announce that the Company's Court Meeting and General Meeting were held earlier today and that all resolutions were duly passed. At the Court Meeting, as more particularly described below, the requisite majority in number of Scheme Shareholders who voted (either in person or by proxy) and who together represented more than 75% of the voting rights of those Condor Gold Shares voted, voted in favour of the resolution to approve the Scheme. The resolution was accordingly passed. At the General Meeting, as more particularly described below, the requisite majority of Condor Gold Shareholders voted to pass the Special Resolution approving the Acquisition and an amendment to the Condor Gold articles of associatio