Wildcat Petroleum PLC Issue of Warrants (9150Z)
17 Janvier 2024 - 8:00AM
UK Regulatory
TIDMWCAT
RNS Number : 9150Z
Wildcat Petroleum PLC
17 January 2024
17 January 2024
Wildcat Petroleum Plc
("Wildcat", "WCAT" or the "Company")
Issue of Warrants
Wildcat Petroleum plc (LSE: WCAT), a company targeting
investment opportunities in business and assets within the upstream
sector of the petroleum industry, announces the issue of warrants
to Directors and our Financial Adviser.
Following a review of salaries paid to the Directors and its
Financial Adviser, warrants are being issued in lieu of an increase
in fees to Mandhir Singh (Executive Director), Glyn Roberts
(Executive Director) and Guild Financial Advisory Limited
(Financial Adviser) to conserve the Company's working capital.
The warrants are exercisable at a strike price of 0.25 pence
("Warrants") and have an expiry date of 31 December 2027. Warrants
being issued are detailed below:
Name Number of Total number Shareholding % of issued
Warrants being of Warrants upon exercise share capital
issued held on the of total number upon exercise
date on which of Warrants of Warrants
the Warrants held
were issued
Mandhir Singh 35,000,000 35,000,000 1,742,325,000 61.06%
---------------- --------------- ----------------- ---------------
Glyn Roberts 15,000,000 15,000,000 38,700,000 1.36%
---------------- --------------- ----------------- ---------------
Guild Financial
Advisory Limited 500,000 500,000 500,000 0 .02%
---------------- --------------- ----------------- ---------------
Following the above issue of Warrants, the total number of
Warrants in issue is 50,500,000 equating to 1.77% of the Company's
enlarged share capital assuming full exercise of all warrants and
share options.
For further information please contact:
Enquiries:
Wildcat msingh@wildcatpetroleum.co.uk
Mandhir Singh
Guild Financial ross.andrews@guildfin.co.uk
Advisory
Ross Andrews
NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS
DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY
ASSOCIATED WITH THEM:
1. Details of the person discharging managerial responsibilities/person
closely associated
a) Name: Mandhir Singh
--------------------------------- ------------------------------------------
2. Reason for the notification
-----------------------------------------------------------------------------
a) Position/status: Executive Director
--------------------------------- ------------------------------------------
b) Initial notification/Amendment: Initial notification
--------------------------------- ------------------------------------------
3. Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
-----------------------------------------------------------------------------
a) Name: Wildcat Petroleum
Plc
--------------------------------- ------------------------------------------
b) LEI: 213800PPETBUU3UZRU78
--------------------------------- ------------------------------------------
4. Details of the transaction(s): section to be repeated
for (i) each type of instrument; (ii) each type of transaction;
(iii) each date; and (iv) each place where transactions
have been conducted
-----------------------------------------------------------------------------
a) Description of the financial Ordinary Shares of
instrument, type of instrument: 0.000028 pence each
Identification code: GB00BMQC7357
--------------------------------- ------------------------------------------
b) Nature of the transaction: Warrants in lieu
of an increase in
Directors fees
--------------------------------- ------------------------------------------
c) Price(s) and volume(s): Price(s) Volume(s)
0.25 pence 35,000,000
-----------
--------------------------------- ------------------------------------------
d) Aggregated information: Single transaction
Aggregated volume: as in 4 c) above Price(s) Volume(s)
Price: 0.25 pence 35,000,000
--------------------------------- ------------------------------------------
e) Date of the transaction: 17 January 2024
07:00 BST
--------------------------------- ------------------------------------------
f) Place of the transaction: Outside a trading
venue
--------------------------------- ------------------------------------------
1. Details of the person discharging managerial responsibilities/person
closely associated
a) Name: Glyn Roberts
--------------------------------- ------------------------------------------
2. Reason for the notification
-----------------------------------------------------------------------------
a) Position/status: Executive Director
--------------------------------- ------------------------------------------
b) Initial notification/Amendment: Initial notification
--------------------------------- ------------------------------------------
3. Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
-----------------------------------------------------------------------------
a) Name: Wildcat Petroleum
Plc
--------------------------------- ------------------------------------------
b) LEI: 213800PPETBUU3UZRU78
--------------------------------- ------------------------------------------
4. Details of the transaction(s): section to be repeated
for (i) each type of instrument; (ii) each type of transaction;
(iii) each date; and (iv) each place where transactions
have been conducted
-----------------------------------------------------------------------------
a) Description of the financial Ordinary Shares of
instrument, type of instrument: 0.000028 pence each
Identification code: GB00BMQC7357
--------------------------------- ------------------------------------------
b) Nature of the transaction: Warrants in lieu
of an increase in
Directors fees
--------------------------------- ------------------------------------------
c) Price(s) and volume(s): Price(s) Volume(s)
0.25 pence 15,000,000
-----------
--------------------------------- ------------------------------------------
d) Aggregated information: Single transaction
Aggregated volume: as in 4 c) above Price(s) Volume(s)
Price: 0.25 pence 15,000,000
--------------------------------- ------------------------------------------
e) Date of the transaction: 17 January 2024
07:00 BST
--------------------------------- ------------------------------------------
f) Place of the transaction: Outside a trading
venue
--------------------------------- ------------------------------------------
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END
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January 17, 2024 02:00 ET (07:00 GMT)
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