LONDON - Critical Metals plc (LSE:CRTM) announced Monday that shareholders approved all resolutions at its General Meeting, allowing the company to implement its proposed Share Capital Re-Organisation.

The developer of the Molulu Copper/Cobalt Project in the Democratic Republic of Congo received shareholder approval for multiple measures, including waivers related to the Takeover Code for NIU, subdivision of the company’s share capital, and a 10-to-1 consolidation of ordinary shares.

The reorganization will result in existing share certificates becoming invalid. Shareholders holding shares in uncertificated form will have their CREST accounts credited with new ordinary shares around August 5, 2025, while those with physical certificates will receive new ones by first-class mail.

Admission of the New Admission Shares remains subject to Financial Conduct Authority approval of a Simplified Prospectus, with the company planning to provide updates on the expected admission date. The new shares, once issued and fully paid, will rank equally with existing ordinary shares.

All seven resolutions presented at the meeting passed with overwhelming support, with each receiving approximately 28.17 million votes in favor compared to just 31,900 votes against.

The reorganization follows the company’s circular published on July 16, 2025, outlining changes to Critical Metals’ capital structure as it continues development of its copper and cobalt project in the Katangan Copperbelt.

This information is based on a press release statement from the company.

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