Golden Rock Global reports six-month loss of £656,355

For best results when printing this announcement, please click on link below: RNS Number: 9634W Golden Rock Global PLC 30 September 2026 30 September 2026 Golden Rock Global PLC (the "Company") Unaudited 2026 Interim Financial Statements The Company is pleased to announce its results for the six months ended 30 June 2026. com John Croft (Director) Tel: +9715 2806 8918 SPARK Advisory Partners Limited (Financial Advisor) Mark Brady Tel: +44 (0)203 368 3551 The information contained within this announcement is deemed to constitute inside information as stipulated under the retained EU law version of the Market Abuse Regulation (EU) No.

596/2014 (the "UK MAR") which is part of UK law by virtue of the European Union (Withdrawal) Act 2018. The information is disclosed in accordance with the Company's obligations under Article 17 of the UK MAR. Upon the publication of this announcement, this inside information is now considered to be in the public domain. Golden Rock Global plc (Incorporated and registered in Jersey under the Companies (Jersey) Law 1991 with registered number 121560) Unaudited Condensed Consolidated Results for the six months ended 30 June 2026 STATEMENT ON BEHALF OF THE BOARD I am pleased to announce the unaudited results for the six months ended 30 June 2026.

26 pence). The respective losses, adjusted for non-cash charges relating to Convertible Loan Notes ("CLN") and warrants, for the six months to 30 June 2026 were £466,160 (30 June 2025: £112,066) reflecting the Company's increased expenditure on professional advisors and other costs committed to the Company's potential acquisition. During the period the Company secured increased CLN funding of £1,035,000 for a total facility of £1,490,000. At 30 June 2026 and at the date of this report, the Company has fully drawn the available CLN facilities to fund its working capital requirements.

At 30 June 2026 the Company had cash at bank of £728,659 (30 June 2025: £272,892). On 21 January 2026, the Company suspended its listing on the Equity shares (shell companies) category of the Official List and trade on the Main Market of the London Stock Exchange, on the announcement of the Company entering into non-binding heads of terms for a Reverse Takeover ("RTO") transaction. , ("SEDI"), to pursue completion of the transaction. The Board appreciates that the Company's listing has been suspended for an extended period while the RTO transaction is pursued.

This has been due to unexpected delays resulting from the reorganization of SEDI as announced on 23 July 2026. Advisors, including legal, reporting accountants and now a Financial Advisor and Sponsor (SPARK Advisory Partners Limited), for the proposed RTO, have now been appointed and are working with the Company, and SEDI's board and advisors, to progress the proposed transaction. Further updates on progress in this regard will be announced in due course.

34) (pence per share) UNAUDITED CONDENSED CONSOLIDATED STATEMENT OF FINANCIAL POSITION Note 30 June 2026 30 June 2025 31 Dec 2025 £ £ £ Audited Assets Current assets Other Receivables 11,116 5,500 7,217 Loan Receivable 12 80,587 - - Cash and cash equivalents 728,659 85,500 272,892 Total current assets 820,362 91,005 280,109 Total assets 820,362 91,005 280,109 Equity and liabilities Capital and reserves Ordinary shares 8 269,409 229,750 268,750 Share premium 1,715,038 1,658,038 1,715,038 Prepaid equity 9 1,163,957 107,457 449,161 Equity options 9 471,023 - 150,819 Share based payments 10 746,298 45,075 574,397 Accumulated losses (3,742,339) (2,509,330) (3,085,984) Total equity 623,386 (469,010) 72,181 Liabilities Current liabilities Trade creditors 164,291 64,811 13,105 Accruals 32,685 139,320 83,117 Financial liability 9 - 355,884 111,706 Total current liabilities 196,976 560,015 207,928 Total equity and liabilities 820,362 91,005 280,109 UNAUDITED CONDENSED CONSOLIDATED STATEMENT OF CHANGES IN EQUITY Share Share premium Share based Prepaid Equity Accumulated Total equity capital payments equity Options losses £ £ £ £ £ £ £ Balance at 1 January 2025 229,750 1,658,038 45,075 78,180 - (2,220,617) (209,574) Loss and Total comprehensive expense for the period - - - - - (288,713) (288,713) Issue of Convertible Instruments - - - 29,277 - - 29,277 Decrease in capital - - - 29,277 - (288,713) (259,436) Balance at 30 June 2025 229,750 1,658,038 45,075 107,457 - (2,509,330) (469,010) Loss and Total comprehensive - - - - - (865,367) (865,367) expense for the year Issue of Shares 39,000 57,000 - - - - 96,000 Issue of Warrants - - 529,322 - - - 529,322 Issue of Convertible Instruments - - - 370,981 122,542 - 493,523 Reclassification from liabilities - - - - 28,277 - 28,277 Increase in capital 39,000 57,000 529,322 370,981 150,819 (865,367) 281,755 Balance at 31 December 2025 and 1 January 2026 268,750 1,715,038 574,397 449,161 150,819 (3,085,984) 72,181 Loss and Total comprehensive - - - - - (656,355) (656,355) expense for the period Issue of shares 659 - - - - - 659 Issue of warrants - - 171,901 - - - 171,901 Issue of Convertible Instruments - - - 714,796 320,204 - 1,035,000 Increase in capital 659 - 171,901 714,796 320,204 (656,355) 551,205 Balance at 30 June 2026 269,409 1,715,038 746,298 1,163,957 471,023 (3,742,339) 623,386 The following describes the nature and purpose of each reserve within owners' equity: Share capital Amount subscribed for share capital at par value Share premium Amount subscribed for share capital in excess of par value Share based payment reserve The share-based payment reserve represents relating to share-based payment transactions granted as warrants Prepaid equity Fair value of convertible loan notes that will convert into equity in future accounting periods Equity options Fair value of conversion option in convertible loan notes that will convert into equity in future accounting periods Accumulated losses Represents the cumulative net gains and losses recognised in the statement of comprehensive income UNAUDITED CONDENSED CONSOLIDATED STATEMENT OF CASH FLOWS Six months ended 30 June 2026 Six months ended 30 June 2025 Year ended £ £ 31 Dec 2025 £ Audited Cash flows from operating activities Loss before tax (656,355) (288,713) (865,367) Adjustment for non-cash movement: Share based payment charge 171,901 - - Effective interest cost 11,823 1,712 20,229 Fair value charges through profit or loss 6,471 174,935 529,322 Adjusted loss (466,160) (112,066) (315,816) (Increase)/Decrease in receivables (4,486) 916 (801) Increase/(Decrease) in payables 100,754 13,788 (93,358) Net cash used in operating activities (369,892) (97,362) (409,975) Cash flows from investing activities Loan advance (80,000) - - (80,000) - - Cash flows from financing activities Net proceeds from issue of ordinary shares 659 - 96,000 Repayment of financial liability (130,000) - - Prepayment of equity 1,035,000 181,000 585,000 Cash flows from financing activities 905,659 181,000 681,000 Net increase in cash and cash equivalents 455,767 83,638 271,025 Cash and cash equivalents at beginning of the year 272,892 1,867 1,867 Cash and cash equivalents at end of the year 728,659 85,505 272,892 NOTES TO THE UNAUDITED CONDENSED FINANCIAL STATEMENTS 1.

GENERAL INFORMATION The Company was incorporated and registered in Jersey as a public company limited by shares on 17 June 2016 under the Companies (Jersey) Law 1991, as amended, with the name Golden Rock Global plc, and registered number 121560. The Company's registered office is located at 36 Hilgrove Street, St Helier, JE2 4SL, Jersey. The Company wholly owns Golden Rock Services Limited ("GRS") incorporated in England & Wales as a private company limited by shares on 20 November 2020 under the UK Companies Act 2006, as amended, and registered number 13036001 ("Group").

The Company's ordinary shares are admitted to the Equity Shares (Shell) category of the Official List and trade on the Main Market of the London Stock Exchange. 2. BASIS OF PREPARATION The unaudited condensed consolidated interim financial information for the six months ended 30 June 2026 has been prepared in accordance with International Accounting Standard ("IAS") 34 "Interim Financial Reporting" and are presented in GB Pounds. It does not contain all of the disclosures required for a full set of annual financial statements and should be read in conjunction with the Group's audited consolidated financial statements for the year ended 31 December 2025.

The Company's auditor has neither reviewed nor audited these interim financial statements. 3. PRINCIPAL ACCOUNTING POLICIES The condensed consolidated interim financial information has been prepared on the historical cost convention, as modified by the revaluation of certain financial assets and financial liabilities at fair value through the income statement.

The accounting policies and methods of computation used in the condensed consolidated financial information for the six months ended 30 June 2026 are the same as those followed in the preparation of the Group's annual financial statements for the year ended 31 December 2025 and are those the Group expects to apply into financial statements for the year ending 31 December 2026. There was no impact on the Company's accounting policies as a result of any new or amended standards which became applicable for the current accounting period. The seasonality or cyclicality of the Group does not impact the interim financial information. 4.

SEGMENT INFORMATION The operating segment has been determined and reviewed by the senior management and Board members to be used to make strategic decisions. The senior management and Board members consider there to be a single business segment, being that of investing activity. The reportable operating segment derives its revenue primarily from structured equity and debt investment in several companies and unquoted investments. 5.

TAXATION The Company is incorporated in Jersey, and its activities are subject to taxation at a rate of 0%. GRS is domicile in the United Kingdom but has no income and bears no expense (which are borne by the Company). 6. DIVIDEND The Board does not recommend the payment of an interim dividend in respect of the six months ended 30 June 2026 (30 June 2025: Nil).

NOTES TO THE CONDENSED FINANCIAL STATEMENTS (CONTINUED) 7. LOSS PER SHARE The Company presents basic and diluted earnings per share information for its ordinary shares. Basic earnings per share are calculated by dividing the profit attributable to ordinary shareholders of the Company by the weighted average number of ordinary shares in issue during the reporting period. Diluted earnings per share are determined by adjusting the profit attributable to ordinary shareholders and the weighted average number of ordinary shares outstanding for the effects of all dilutive potential ordinary shares.

34) (expressed as pence per share) 8. 01 and are fully paid. There are no restrictions on the distribution of dividends and the repayment of capital. 00021978 raising £659 ("New Shares").

The New Shares were issued as fully paid at the discount nominal value. 9. 03 (fixed), conversion at the Company's option for the first nine months thereafter conversion at noteholders' option through to maturity, coupon to be converted at maturity. £455,000 was advanced by Lenders between October and November 2025.

9. CONVERTIBLE LOAN NOTES (CONTINUED) Convertible loan note instrument (continued) On 24 February 2026 the Company and NE10 Vodka Limited agreed to cancel its June 2025 CLN with outstanding principal of £130,000 and to enter into a non-interest-bearing repayment loan in the aggregate amount of £140,394 in settlement of the principal and accrued interest. On 17 March 2026 the Company announced that the CLN has been increased to £1,500,000 on unchanged terms; further subscriptions of £1,035,000 had been received bring the total subscribed to £1,490,000.

The Company has valued CLN, following IFRS guidance and classifying the October CLN as a Simple Advance For Equity ('SAFE') Instrument, as Prepaid Equity with an Equity Option. 858%, calculating the new subscribers' option value at 30 June 2026 as £368,133 from which the Company's calculated option value of £87,347 was deducted, a net conversion option value of £280,786, leaving £754,213 (of the £1,035,000 received) as equity (SAFE). 10. 00021978 per share for consideration of £659.

03 per share for a period of three years from the date of issue. 858% risk free rate and expiry assumption of 31 December 2026, giving rise to a charge to the share based payment reserve of £171,901. At 30 June 2026 the Company has 49,523,333 warrants outstanding. 30 11.

RESTRICTIONS ON EXERCISE OF WARRANTS AND CONVERSION OF LOAN NOTES ("CLNs") The Warrants are not capable of being exercised and the CLNs are not capable of being converted in each case (i) unless the Directors have been granted necessary share authorities to allow the resulting issuance of new ordinary shares; (ii) if the resulting issuance of new ordinary shares to the subscriber to the new ordinary shares, when taken together with their respective existing shareholdings in the Company at the date of such exercise or conversion, would require either of them to make a mandatory cash offer for all the ordinary shares in the Company not already owned by them pursuant to rule 9 of the Takeover Code; or (iii) if a prospectus would be required to be published by the Company in order for the resulting new ordinary shares to be admitted to the Equity Shares (shell companies) Category of the Official List of the FCA and to trading on the Main Market of the London Stock Exchange.

12. RELATED PARTY TRANSACTIONS During the six months to 30 June 2026, the Group entered into the following transactions with related parties and connected parties: On 24 February 2026 the Company and NE10 Vodka Limited agreed to cancel the CLN with outstanding principal of £130,000 and to enter into a non-interest-bearing repayment loan in the aggregate amount of £140,394 in settlement of the principal and accrued interest. On 30 June 2026 the Company paid an amount of £145,000 to NE10 Vodka Limited on account of, and in settlement of, the principal and accrued interest. At 30 June 2026, NE10 Vodka Limited owed the Company £4,606 in respect of the overpayment.

Paul Carroll is a director of NE10 Vodka Limited. On 28 May 2026 the Company advanced to Paul Carroll an amount of £80,000 as a loan to a Director. The loan was made on commercial terms to Mr. Carroll with an interest coupon of 8% per annum and the principal plus accrued interest repayable in cash on 18 October 2026.