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:

Investor questions on this announcement

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on this announcement via our investor website

 

https://mendellhelium.com/s/a6a55a
Mendell Helium plc

Nick Tulloch, CEO

 

Via our website

investors@mendellhelium.com

Cairn Financial Advisers LLP (AQSE Corporate Adviser)

Ludovico Lazzaretti / Liam Murray

 

Tel:  +44 (0) 20 7213 0880
SI Capital Limited (Broker)

Nick Emerson

Tel:  +44 (0) 1483 413500
 

Stanford Capital Partners Ltd (Broker)

Patrick Claridge/Bob Pountney

 

 

Tel:  +44 (0) 203 3650 3650/51

 

 

Fortified Securities

Guy Wheatley

 

Tel: +44 (0) 203 4117773

 

Brand Communications (Public & Investor Relations)

Alan Green

 

Tel: +44 (0) 7976 431608