Completion of Small Holding Share Sale Facility

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RNS Number : 9171V 88 Energy Limited 10 March 2026  

10 March 2026 88 Energy Limited Completion of Small Holding Share Sale Facility 88 Energy Limited (ASX:88E, AIM:88E, OTC:EEENF) (88 Energy or the Company) is pleased to announce the completion of the sale of shares by the Company's broker, Euroz Hartleys Limited, pursuant to the Small Holding Sale Facility (Facility) announced on 16 June 2025. The Facility gave shareholders with a Less than Marketable Parcel of shares (less than $500 value) the opportunity to sell their shares without incurring brokerage or handling costs. Following the close of the Facility on 30 July 2025, a total of 46,139,641 ordinary shares (Share Facility Shares) held by 6,049 shareholders, have now been sold. The proceeds from the sale process will be apportioned pro rata amongst all participating shareholders according to the number of shares sold on their behalf, which is expected on or around 20 March 2026. Sale proceeds will be paid in Australian dollars either by electronic transfer into the shareholders bank account with any Australian "Authorised Deposit-taking Institution" (using previously provided banking details to the Company's share registry) or alternatively by cheque to the shareholders registered address, as soon as practicable. If the Shareholder's registered address is in New Zealand, sale proceeds can be paid in Australian dollars or New Zealand dollars by direct credit only and sale proceeds will be withheld until bank account details have been provided. Eligible shareholders who reside outside of Australia and New Zealand may elect to receive the proceeds electronically in their local currency using the share registry's Global Wire Payment Service. For a list of currencies offered and how to subscribe to the service, shareholders should contact Computershare on 1300 850 505 (within Australia) + 61 3 9415 4000 (outside Australia). A transaction confirmation statement will be sent confirming the number of shares sold, the price and total sale proceeds. All sale proceeds will be rounded to the nearest cent. If you have any questions in relation to the above, please contact Computershare on 1300 850 505 (within Australia) or +61 3 9415 4000 (outside Australia).   The reduction of the Company's shareholder base by 6,049 shareholders as a result of the Facility will reduce the Company's administrative and corporate costs moving forward.   This announcement has been authorised by the Board.   Media and Investor Relations:  

88 Energy Ltd Ashley Gilbert, Managing Director Email: investor-relations@88energy.com







Fivemark Partners, Investor and Media Relations

Michael Vaughan

Tel: +61 (0)422 602 720





Euroz Hartleys Ltd



Chelsey Kidner

Tel: +61 (0)8 9488 1421





Cavendish Capital Markets Limited



Derrick Lee / Pearl Kellie

Tel: +44 (0)131 220 6939  

Hannam & Partners Leif Powis / Neil Passmore                                       

  Tel: +44 (0) 207 907 8500

 

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