Announcement • Jul 27
AMG Lithium B.V. completed the acquisition of the remaining 70.7% stake in Zinnwald Lithium Plc (AIM:ZNWD) from a group of shareholders. AMG Lithium B.V. proposed to acquire remaining 70.7% stake in Zinnwald Lithium Plc (AIM:ZNWD) from a group of shareholders for £42.2 million on May 14, 2026. The consideration consists of 0.65 million common equity of AMG Lithium B.V. at a ratio of 0.001577 per common equity and cash consideration valued at £0.05 per share will be paid by AMG Lithium B.V. Upon completion, AMG Lithium B.V. will own 100% stake in Zinnwald Lithium Plc. The sellers include Anton du Plessis, Cherif Rifaat, Jeremy Martin, Dominik Simler, Peter Secker, Henry Maxey, Mark Tindall and others. The transaction will be financed through internal cash resources. The Acquisition is being implemented by way of a Court-sanctioned scheme of arrangement. As of July 13, 2026, the Scheme was approved by the requisite majority of Scheme Shareholders at the Court Meeting and the Special Resolution relating to the implementation of the Scheme was approved by the requisite majority of Zinnwald Lithium Shareholders. On 23 July 2026, the Court sanctioned the Scheme at the Sanction Hearing.
Upon the completion of the Acquisition, all of the non-executive directors of Zinnwald Lithium (other than Dr. Stefan Scherer) will resign as directors of Zinnwald Lithium with effect from the day immediately after the Effective Date. A termination fee of £1 million is payable by AMG Lithium.
The transaction is subject to approval by regulatory board / committee, approval of offer by target shareholders and listing / approval of new shares on stock exchange. The transaction is expected to complete in third quarter of this year. As of July 13, 2026, the expected completion of the Acquisition will take place on July 27, 2026.
David Hart and Liz Kirchner of Allenby Capital Limited acted as financial advisor and fairness opinion provider for Zinnwald Lithium Plc. Jan Skarbek, David Fudge and Dominic King of Europa Partners Limited acted as financial advisor for AMG Lithium B.V. Paul, Weiss, Rifkind, Wharton & Garrison LLP acted as legal advisor for AMG Lithium B.V. John Campion, Jemil Visram, Feras Alobaidli and Adrianna Zawilska of DWF Law LLP acted as legal advisor for Zinnwald Lithium Plc.
AMG Lithium B.V. completed the acquisition of the remaining 70.7% stake in Zinnwald Lithium Plc (AIM:ZNWD) from a group of shareholders on July, 27, 2026. Zinnwald Lithium is pleased to announce that, following the delivery of a copy of the Court Order to the Registrar of Companies today, the Scheme has now become Effective in accordance with its terms and the entire issued ordinary share capital of Zinnwald Lithium is now owned by AMG and AMG Lithium. As a result of the Scheme having become Effective, share certificates in respect of Scheme Shares will cease to be valid documents of title and entitlements to Scheme Shares held in uncertificated form in CREST will be cancelled. Dealings in Zinnwald Lithium Shares were suspended with effect on July 27, 2026. An application has been made to the London Stock Exchange for the cancellation of the admission to trading of Zinnwald Lithium Shares on AIM, which is expected to take effect from July 28, 2026. It is expected that the New AMG Shares will be issued and admitted to trading on the Euronext Amsterdam by July 29, 2026. Board Change • May 20
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 4 non-independent directors. Independent Non Executive Director Peter Secker was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • May 18
Zinnwald Lithium Plc, Annual General Meeting, Jun 10, 2026 Zinnwald Lithium Plc, Annual General Meeting, Jun 10, 2026. Location: 22a st jamess square, sw1y 4jh, london United Kingdom Announcement • May 15
AMG Lithium B.V. proposed to acquire remaining 70.7% stake in Zinnwald Lithium Plc (AIM:ZNWD) from a group of shareholders for £42.2 million. AMG Lithium B.V. proposed to acquire remaining 70.7% stake in Zinnwald Lithium Plc (AIM:ZNWD) from a group of shareholders for £42.2 million on May 14, 2026. The consideration consists of 0.65 million common equity of AMG Lithium B.V. at a ratio of 0.001577 per common equity and cash consideration valued at £0.05 per share will be paid by AMG Lithium B.V. Upon completion, AMG Lithium B.V. will own 100% stake in Zinnwald Lithium Plc. The sellers include Anton du Plessis, Cherif Rifaat, Jeremy Martin, Dominik Simler, Peter Secker, Henry Maxey, Mark Tindall and others. The transaction will be financed through internal cash resources.
Upon the completion of the Acquisition, all of the non-executive directors of Zinnwald Lithium (other than Dr. Stefan Scherer) will resign as directors of Zinnwald Lithium with effect from the day immediately after the Effective Date. A termination fee of £1 million is payable by AMG Lithium.
The transaction is subject to approval by regulatory board / committee, approval of offer by target shareholders and listing / approval of new shares on stock exchange. The transaction is expected to complete in third quarter of this year.
David Hart and Liz Kirchner of Allenby Capital Limited acted as financial advisor and fairness opinion provider for Zinnwald Lithium Plc. Jan Skarbek, David Fudge and Dominic King of Europa Partners Limited acted as financial advisor for AMG Lithium B.V. Paul, Weiss, Rifkind, Wharton & Garrison LLP acted as legal advisor for AMG Lithium B.V. DWF Law LLP acted as legal advisor for Zinnwald Lithium Plc. Announcement • Mar 19
Zinnwald Lithium plc Receives German R&D Grant and Official Seal Zinnwald Lithium plc, the European focused lithium company developing the integrated Zinnwald Lithium Project in Germany (the Project), has been awarded a grant of up to EUR 1.9 million under the German Forschungszulage scheme. As part of this recognition, Zinnwald has also received its official seal from the Bescheinigungsstelle Forschungszulage (BSFZ) as proof of its 'entrepreneurial innovation competence'. This scheme was introduced in Germany in 2020 to promote and accelerate corporate research and development (R&D). It is a government-funded tax incentive scheme that reimburses eligible R&D expenses. Eligible projects must be in fundamental research, industrial research, or experimental development. Zinnwald submitted two applications, one for its geological R&D studies into the extraction of lithium from micas, and the other for its innovative processing development work, both of which were reflected in its Pre-Feasibility Study in 2025. Both applications were approved by the BSFZ resulting in an overall grant of up to EUR 1.9 million to be received later in 2026. The BSFZ seal is a proof of entrepreneurial innovation competence. The BSFZ only awards the seal to companies that are allowed to claim funding through the research allowance. The BSFZ awards the seal in two variants, with the one received by Zinnwald reflecting its own research and development activities. Announcement • Feb 25
Zinnwald Lithium plc Announces Directorship Changes Zinnwald Lithium Plc has appointed Dominik Simler as a Non-Executive Director with effective from 25 February 2026, replacing Graham Brown who has stepped down from the Board. Dominik brings over 20 years of pan-European investment and advisory experience with a strong focus on the DACH region, including extensive expertise in capital structuring, fundraising and stakeholder engagement across multiple industries, having held senior roles at AEA Investors, Investcorp International and L-GAM Advisors. He is the Founder and Managing Director of Brenta Partners LLP and serves as Senior Advisor for the DACH region at All Seas Capital, holds a BA (Hons) in International Business, Finance and Economics from the University of Manchester, and has German and British nationality. In accordance with AIM Rule 17 disclosures, Dominik Pascal Simler (aged 48) currently holds directorships or partnerships at Brenta Partners LLP (UK), Fortimont Limited (UK), Zimmer Medizin Systeme GmbH (Germany), Uphols Venture Partners GmbH (Germany) and Fortimont Holding GmbH (Germany), and has held previous directorships or partnerships within the past five years at Cotta Collection AG (Liechtenstein), Torus Holding I AG (Switzerland) and Torus Holding II AG (Switzerland). 
