On December 13, 2023, Reabold Resources plc announced that on November 22, 2023, it has received a requisition letter from Pershing Nominees Limited on behalf of Kamran Sattar, Stephen Pycroft, Napsbury Holdings Ltd, Lagan Holdings Ltd, Brendan Kerr, Michael Lagan, Kevin Lagan, John Patrick Keehan, Keltbray Ltd, Majithia S, Sheikh B, Asim Sarwar and Roman Teslya, under section 303 of the Companies Act, requesting the Board to convene a general meeting of Shareholders to consider resolutions to remove the entire current board of directors and replace them with 4 new directors. The Board believes that the Resolutions being proposed at the General Meeting, on behalf of the Requisitioning Shareholders, are not in the best interests of the Company and the board recommended shareholders to vote against all the resolutions at the General Meeting on January 10, 2024.