Majestic Corporation Names Allenby Capital and VSA Capital as Corporate Adviser and Joint Brokers to Support Growth

Allenby Capital’s Role and Expertise in AIM and Aquis Markets

From 1 August 2026, Allenby Capital Limited will serve as Majestic Corporation’s Corporate Adviser and Joint Broker. Allenby, an employee-owned and FCA-regulated firm active since 2009, acts as an AIM Nominated Adviser, Main List Sponsor, and Aquis Corporate Adviser. This positions Allenby well to support Majestic, which is listed on Aquis (ticker MCJ) and OTCQB in the US (ticker MCJCF), with capital markets advisory and broking services.

Allenby’s expertise includes equity and debt fundraising, mergers and acquisitions, and broad advisory services, making it well suited to assist Majestic’s growth ambitions and capital market objectives.

VSA Capital’s Focus on Circular Economy and Transitional Energy

VSA Capital Limited joins as Joint Broker, bringing specialist knowledge in transitional energy and circular economy sectors. VSA will concentrate on articulating Majestic’s investment proposition to a wider investor audience and expanding its international shareholder base.

Operating as an investment banking and broking firm, VSA’s involvement may facilitate equity capital raising, debt financing, and strategic advisory support, aligning with Majestic’s global footprint across Europe, North America, and Asia and the growing importance of recycled critical materials in supply chains.

Majestic’s Circular Economy Model and Metal Recovery Operations

Majestic Corporation Plc focuses on sustainable circular economy solutions by recycling precious and base metals from materials such as electronic waste, catalytic converters, printed circuit boards, solar panels, and battery components. The company procures, processes, and ships e-waste to smelters and refineries that extract metals for reintegration into global supply chains.

Operating through subsidiaries and affiliates in Europe, North America, and Asia (excluding China), Majestic serves a diverse client base including OEMs, multinational corporations, financial and leasing businesses, and government bodies, integrating recycling services within automotive, electronics, and financial sectors.

Rising Global Demand for Recycled Critical Materials Amid Supply Constraints

Chairman and CEO Peter Lai emphasized accelerating global demand for critical materials driven by electrification, artificial intelligence, and supply chain security. This trend supports sustained growth prospects for Majestic, as electrification requires significant amounts of metals like copper, cobalt, lithium, and nickel.

Supply constraints in mining and refining heighten the importance of recycled materials, creating favorable market conditions for recycling operators like Majestic. The interplay of rising demand and constrained primary supply offers structural tailwinds for the company’s growth trajectory.

Strategic Progress and Capacity Growth

Peter Lai noted that in the previous year, Majestic expanded capacity and presence, strengthened networks, forged new relationships, and enhanced proprietary data, technology, and operational execution. These initiatives indicate organic growth focused on processing capability and geographic expansion.

The development of proprietary data and technology, alongside operational improvements, suggests Majestic is building competitive advantages beyond commodity processing, optimizing efficiency and supporting profitability and cash flow.

Focus on Processing Capability and Refinery Partnerships

Following the new advisory appointments, Majestic’s strategic priorities include expanding processing capability, strengthening supplier and refinery relationships, and building infrastructure to support next-generation critical material recovery. This reflects a commitment to vertical integration and infrastructure investment, particularly for battery and solar panel recycling.

Strengthening supplier and refinery partnerships aims to secure feedstock access and favorable terms for processed materials, creating competitive advantages and barriers to entry. The infrastructure focus anticipates handling growing volumes from electrification-driven material streams.

Advisory Appointments as Part of Growth and Investor Relations Strategy

Peter Lai described the appointments of Allenby Capital and VSA Capital as marking "a step change for the Company," aimed at driving growth and enhancing communication of Majestic’s investment case. VSA’s role in broadening the international shareholder base aligns with efforts to increase investor engagement and visibility.

The timing suggests preparation for potential capital raising or strategic corporate activities. While no specific transactions are disclosed, the dual advisory team positions Majestic to pursue growth opportunities requiring external capital or strategic advice, alongside improving share price transparency and liquidity.

Positioning in the Sustainable Circular Economy Sector

Majestic Corporation positions itself as an emerging leader in sustainable circular economy solutions, benefiting from investor interest in sustainability, resource efficiency, and circular business models. Its approach to recovering valuable materials from end-of-life products aligns with environmental objectives and regulatory trends.

The company emphasizes environmental, social, and governance values, balancing positive environmental impact with immediate and short-cycle cash flow generation, indicating a focus on financial returns alongside sustainability.

Cash Flow Model Supporting Business Sustainability

Majestic’s business model generates immediate and short-cycle cash flow, enhancing performance and sustainability by rapidly converting e-waste into processed materials and cash. This reduces working capital needs and financial risk compared to industries with longer production cycles.

This cash generation supports organic growth and reduces reliance on external financing. The advisory appointments likely aim to optimize capital structure and market access rather than address financing constraints.

Geographic Diversification and Market Exposure

Majestic’s operations span Europe, North America, and Asia (excluding China), providing exposure to diverse regional markets and regulatory environments. Europe’s circular economy legislation, North America’s focus on supply chain resilience, and Asia’s electrification trends offer varied growth opportunities.

The exclusion of China likely reflects regulatory and strategic considerations, positioning Majestic favorably amid supply chain de-risking efforts. This geographic spread offers exposure to different growth stages and regulatory frameworks within the global critical materials sector.