Aminex PLC, the Africa-focused oil and gas exploration company listed on the London Stock Exchange, has announced the issue of 2,500,000 new ordinary shares following the exercise of options by two former employees under its Share Option Scheme. The exercise raises £35,000 in additional funding, which the company states will be directed towards general working capital purposes. Admission of the new shares to the FCA's Official List and to trading on the main market of the London Stock Exchange is expected to become effective at 8.00 a.m. on 19 November 2026, with dealings commencing at that time.

Key Points

  • Aminex PLC (AEX), listed on the main market of the London Stock Exchange
  • 2,500,000 ordinary shares of €0.001 each issued following option exercises by two former employees
  • Proceeds of £35,000 to be used for general working capital; Admission expected 19 November 2026 at 8.00 a.m.
  • Investors should watch for the enlarged total voting rights figure of 4,523,501,044 shares following Admission

Aminex Share Option Scheme Triggers 2.5 Million New Ordinary Shares at €0.001 Each

Aminex PLC confirmed on 13 November 2026 that it has issued 2,500,000 ordinary shares, each carrying a nominal value of €0.001, as a direct result of option exercises made by two former employees under the Aminex PLC Share Option Scheme. The announcement states that applications have been submitted to the Financial Conduct Authority and the London Stock Exchange seeking admission of these Option Shares to the FCA's Official List under the Equity Shares (transition) category, as well as to trading on the Exchange's main market. The company does not hold any shares in treasury.

£35,000 Proceeds Directed to General Working Capital as Aminex Manages Ongoing Costs

The exercise of the options will provide Aminex with £35,000 of additional funding, according to the company's announcement. These proceeds are earmarked entirely for general working capital purposes rather than any specific capital project or asset development activity. For a company operating in the capital-intensive upstream oil and gas exploration sector, working capital management remains a persistent consideration. Investors may note that while the sum is modest relative to typical exploration expenditure, the disclosure underlines the company's use of its existing share scheme mechanisms to generate incremental liquidity without recourse to larger fundraising exercises.

Total Voting Rights Rise to 4,523,501,044 Following Admission on 19 November 2026

Upon Admission becoming effective, Aminex's enlarged share capital and total voting rights will stand at 4,523,501,044 ordinary shares. The company has confirmed it holds no treasury shares, meaning this figure represents the full denominator shareholders must use when calculating whether they are required to disclose interests or changes in interests under the FCA's Disclosure and Transparency Rules. Dealings in the newly admitted Option Shares are expected to commence at 8.00 a.m. London time on 19 November 2026, subject to formal completion of the Admission process by the FCA and the London Stock Exchange.

Aminex's Africa-Focused Exploration Position and Shareholder Structure in Focus

Aminex PLC is an oil and gas exploration company with assets focused on Africa, maintaining its main market listing in London. The issuance of shares under an employee option scheme, while routine in nature, provides a timely update on the company's total voting rights, a figure of regulatory significance for existing and prospective shareholders. Investors monitoring shareholding thresholds under the Disclosure and Transparency Rules should update their calculations using the newly disclosed denominator of 4,523,501,044 following Admission. The company's brokers include Davy, Shard Capital, and Axis Capital Markets, with Charles Santos serving as Executive Chairman.