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Short Form SENS Announcement - Audited Financial Statements for the Year Ended 31 December 2025
SHUKA MINERALS PLC
(Incorporated in England and Wales)
(Registration number 05292528)
("Shuka Minerals" or "the Company")
ISIN Code: GB00BN47NP32
AIM Share Code: SKA JSE Share Code: SKA
SHORT FORM SENS ANNOUNCEMENT - AUDITED FINANCIAL STATEMENTS FOR THE YEAR
ENDED 31 DECEMBER 2025
Salient Features
Extracted from the audited financial information for the year ended 31 December 2025:
Audited Audited
12 months 12 months
ended ended
GB Pounds 31 Dec 2025 31 Dec 2024
Revenue - 2 305
Operating Loss (884 837) (1 997 845)
Basic loss per share (pence) (1.35) (3.32)
Dividend - -
Additional information required in terms of the JSE Listings Requirements is published
below:
Headline Earnings/(Loss) Reconciliation
Audited Audited
12 months 12 months
ended ended
GB Pounds 31 Dec 2025 31 Dec 2024
Loss for the year (903 137) (2 004 927)
Adjustments to headline loss 250 -
Headline loss (902 887) (2 004 927)
Weighted average number of shares in issue 65 056 327 60 439 641
Headline loss per share (pence) (1.39) (3.32)
Short-Form Announcement
The short-form announcement is the responsibility of the directors and is only a summary
of information set out in the full announcement which is available on the Company's
website (https://shukaminerals.com/investors). This announcement does not contain full
or complete details and any investment decisions by investors and/or shareholders should
be based on consideration of the published SENS available on:
https://senspdf.jse.co.za/documents/2026/jse/isse/skae/skaYE25.pdf
Audit Opinion
The consolidated annual financial results were audited by PKF Littlejohn LLP who
expressed an unqualified audit opinion. The Auditor's audit opinion is available for
inspection at the Company's registered office.
The audit opinion contains a repeated emphasis of matter relating to the
operationalisation of the 16% Government of Tanzania non-dilutable free carries share
interest sa per the extract below.
"We draw attention to note 29 of the financial statements, which highlights that the
Group has not completed the operationalisation of the issuance of the 16% non-dilutable
free carried interest shares in its subsidiary, Edenville International (Tanzania) Limited, as
required by the Tanzania State Participation Mining legislation. Our opinion is not
modified in this respect."
Copies of the full announcement may also be requested from the Company through
Richard Lloyd, richardlloyd@shukaminerals.com, or inspected at the registered office
and/or the Sponsors' office, at no charge, during office hours.
Shuka Minerals plc has its primary listing on the London Stock Exchange (AIM) and a
secondary listing on the AltX of the JSE.
Chief Executive Officer:
Richard Lloyd
LONDON
30 June 2026
JSE Sponsor: Nominated Advisor:
AcaciaCap Advisors Proprietary Limited Cairn Financial Advisers LLP
Date: 30-06-2026 10:50:00
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