The Phoenix Mills Limited — Others, 23-07-2025: Rumour Verification - Regulation 30(11)

Phoenix Mills has addressed a rumour circulating on social media regarding a potential acquisition of Mcleod Russel. The company firmly denies this speculation, stating it is baseless and lacks any truth. This clarification aims to prevent the spread of misinformation and ensure transparency for shareholders. Investors are advised to disregard these misleading reports. The company reaffirms its ongoing commitment to corporate governance and timely disclosures.