Seascape Energy Asia PLCLSE: SEA

Seascape Energy Asia: Issue of Equity and Total Voting Rights

· Issued by Seascape Energy Asia PLC

Summary by 6ix AI

Seascape Energy Asia plc, an oil and gas exploration and production company focused on Southeast Asia, has applied for 54,083 new ordinary shares of 10 pence each to be admitted to trading on AIM, the London Stock Exchange's growth market. The shares follow the exercise of share options by, primarily, former employees.

Key details

  • The options were exercised under Seascape's Long Term Incentive Plan and Co-Investment Plan.
  • Following admission, Seascape's issued share capital will consist of 70,393,194 ordinary shares, with no shares held in treasury, giving 70,393,194 total voting rights.
  • Shareholders may use the 70,393,194 figure from admission to work out whether they must notify their interest in the company under the Financial Conduct Authority's disclosure rules.
  • The new shares will rank equally in all respects with the existing ordinary shares.

What’s still pending

  • Admission of the new shares to trading is expected to become effective on October 12, 2026.

6ix AI wrote this summary from the release below and checked it against the release.

THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES OF ARTICLE 7 OF REGULATION 596/2014 AS AMENDED AND TRANSPOSED INTO UK LAW IN ACCORDANCE WITH THE EUROPEAN UNION (WITHDRAWAL) ACT 2018 ("UK MAR").

9 October 2026

Seascape Energy Asia plc

(the "Company", "Seascape Energy" or "Seascape")

Issue of Equity and Total Voting Rights

Seascape Energy, an E&P company focused on Southeast Asia, has applied to the London Stock Exchange for 54,083 new ordinary shares of 10 pence each to be admitted to trading on AIM ("Admission") following the exercise of share options by, primarily, former employees of the Company under Seascape's Long Term Incentive Plan and Co-Investment Plan.

It is expected that Admission will become effective on 12 October 2026. The new ordinary shares will, following allotment, rank pari passu in all respects with the existing issued ordinary shares.

Following Admission, the Company's issued ordinary share capital will consist of 70,393,194 ordinary shares, with no ordinary shares in treasury. Therefore, the total number of ordinary shares and voting rights in the Company will be 70,393,194. 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 Financial Conduct Authority's Disclosure Guidance and Transparency Rules.

Enquiries:

Seascape Energy Asia plc

[email protected]

Nick Ingrassia (Chief Executive)

Pierre Eliet (Executive Director)

Stifel (Nomad and Joint Broker)

Tel: +44 20 7710 7600

Callum Stewart

Simon Mensley

Ashton Clanfield

[email protected]

Cavendish Capital Markets Limited (Joint Broker)

Tel: +44 20 7397 8900

Neil McDonald

Pete Lynch

Seascape Energy Asia PLC on 6ix

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