RIL Price sensitive 30 Apr 2026, 6:33 PM

Quarterly Activity and Cashflow Report

Redivium Ltd

Redivium Provides Quarterly Update, Progresses Towards ASX Relisting

Key points

  • Continued advancement of operational, corporate and financial work streams
  • Progressed recapitalisation framework and ASX reinstatement requirements
  • Advanced battery recycling projects in Europe, including UK facility

Full summary

Redivium Limited provided an update on its activities during the quarter ended March 2026. The company continued to advance its operational, corporate and financial work streams while its securities remained suspended from quotation on ASX. Key activities included progression of the company's existing business operations, advancement of its European battery recycling project portfolio, and implementation of initiatives designed to support the company's reinstatement to official quotation on ASX. The company made substantial progress on the preparation of documentation and supporting analysis to demonstrate its level of operations and financial condition are sufficient to warrant reinstatement, subject to completion of proposed recapitalisation initiatives. Operationally, the company focused on advancing its battery recycling business in Europe, with a continued focus on its United Kingdom spoke facility and associated downstream development strategy. The company's continental European project initiatives in Czechia and Romania also continued to progress at a planning and feasibility level. Corporately, activities remained focused on governance, compliance and preparation for reinstatement. The company continues to progress recapitalisation initiatives intended to restore an appropriate level of working capital and support ongoing operations and project development.

Outlook

In the forthcoming period, the company intends to progress and seek to complete its recapitalisation initiatives, finalise and submit materials in support of ASX re-quotation, advance the UK project toward development readiness, and continue feasibility and planning activities across its continental European portfolio.

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