BEN Bens Creek Group Plc

23 April 2024

Bens Creek Group plc
("Bens Creek", the "Company" or the "Group")

Requisition of General Meeting

Bens Creek Group plc (AIM:BEN), the owner of a metallurgical coal mine in North America supplying the steel industry, announces that it has received correspondence on 20 April 2024 from MBU Capital Group Limited ("MBU") requesting the Company to convene a general meeting (the "GM") of the Company's shareholders pursuant to section 303 of the Companies Act 2006 (the "Act"). MBU are the Company's second largest shareholder and, as per the Company's announcement of 8 August 2023, is interested in 88,278,149 shares in the Company, representing 22.08% of the Company's current issued share capital.

The Company intends to comply with its obligations under the Act and a circular convening the GM will be posted to the Company's shareholders in due course, and in any event no later than 13 May 2024.

MBU's correspondence states that the GM is to be convened to allow the Company's shareholders to discuss the operational and strategic challenges facing the Company at the present time. The Company's board continues to believe that the Chapter 11 cases commenced in the United States of America Bankruptcy Court for the Southern District of West Virginia in relation to its wholly owned US subsidiaries, Ben's Creek Operations WV LLC, Ben's Creek Carbon LLC and Ben's Creek Land WV LLC, are in the best interests of the Group.

Shareholders are advised to take no action at this time.

Further announcements will be made in due course.

For further information please contact:

Bens Creek Group plc                                                                                            +44 (0) 204 558 2300
Adam Wilson, CEO
Peter Shea, Chief of Staff

Allenby Capital Limited (Nominated Adviser and Joint Broker)                 +44 (0) 203 328 5656
Nick Athanas / Nick Naylor / George Payne (Corporate Finance)
Kelly Gardiner / Guy McDougall (Sales and Corporate Broking)

WH Ireland Limited (Joint Broker)
Harry Ansell / Katy Mitchell                                                                                  +44 (0) 207 220 1666