Mendell Helium announces that Nick Tulloch, Chief Executive Officer, has acquired an aggregate of 8,683,117 warrants (“Warrants”) in the Company. Each Warrant may be exercised to subscribe for one new ordinary share in Mendell Helium.
The warrants acquired by Mr Tulloch are as follows:
|
No. of Warrants |
Exercise price |
Expiry date |
|
7,364,500 |
3 pence |
13 April 2027 |
|
1,318,617 |
6 pence |
19 July 2026 |
The Warrants were acquired for 1 pence each (£86,831.17 in aggregate).
Following the acquisition, Mr Tulloch’s holding in the Company comprises 4,823,9831 ordinary shares (representing 4.15% of the issued share capital) and an aggregate of 10,021,087 warrants and share options.
1Including shares held by his spouse and Fetlar Capital, a company controlled by Nick Tulloch and his spouse.
This announcement contains inside information for the purposes of the UK Market Abuse Regulation and the Directors of the Company are responsible for the release of this announcement.
ENDS
Engage with the Mendell Helium management team directly by asking questions, watching video summaries and seeing what other shareholders have to say. Navigate to our Interactive Investor website here: https://mendellhelium.com/s/a6a55a
Enquiries:
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Investor questions on this announcement We encourage all investors to share questions on this announcement via our investor website
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Mendell Helium plc Nick Tulloch, CEO
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