Wildcat Petroleum - Issue of Warrants

Wildcat Gold

17/12/2025 07:00

RNS Number : 8412L

Wildcat Petroleum PLC

17 December 2025

 

17 December 2025

Wildcat Petroleum Plc

("Wildcat" or the "Company")

Issue of Warrants

Wildcat Petroleum Plc ("WCAT") a company targeting investment opportunities in businesses and assets within the upstream sector of the petroleum industry announces that it has cancelled 225,000,000 Warrants relinquished by Directors of the Company and issued 382,500,000 New Warrants to Directors of the Company.

The Warrants cancelled were issued on 26 January 2025.

Name
Position
Number of warrants being cancelled
Number of warrants being held after cancellation
Mandhir Singh
Director
150,000,000
35,000,000
Glyn F. Roberts
Director
75,000,000
15,000,000

 

The New Warrants are being granted following a review of Directors' remuneration and the decision of the Board, taking a prudent approach to cash conservation, to relinquish their entitlement to fees payable to them.

The New Warrants issued have an exercise price of 0.10 pence/share, which is a premium of 53.85% to the mid-point closing share price of 0.065 pence/share on Monday 15th December 2025 and an expiration date of 31 December 2028. The New Warrants issued are detailed below:

Name
Position
Number of new warrants being issued
Number of warrants being held by the Directors after 17 December 2025 issue
Mandhir Singh
Director
300,000,000
335,000,000
Glyn F. Roberts
Director
75,000,000
90,000,000
Trond Christoffersen
Director
7,500,000
7,500,000

 

Following the above issue of warrants, the total number of warrants in issue equates to 15.48% of the Company's issued share capital assuming exercise of all warrants.

Enquiries:

Wildcat
Mandhir Singh
msingh@wildcatpetroleum.co.uk
Guild Financial Advisory
Ross Andrews
ross.andrews@guildfin.co.uk

 

 

NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM:

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 instrument, type of instrument:
Identification code:
Ordinary Shares of 0.000028 pence each
GB00BMQC7357
b)
Nature of the transaction:
Warrants in lieu of Directors fees
c)
Price(s) and volume(s):
Price(s)
Volume(s)
0.10 pence
300,000,000
d)
Aggregated information:
Aggregated volume:
Price:
Single transaction as in 4 c) above
Price(s)
Volume(s)
0.10 pence
300,000,000
e)
Date of the transaction:
17 December 2025
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:
Non-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 instrument, type of instrument:
Identification code:
Ordinary Shares of 0.000028 pence each
GB00BMQC7357
b)
Nature of the transaction:
Warrants in lieu of Directors fees
c)
Price(s) and volume(s):
Price(s)
Volume(s)
0.10 pence
75,000,000
d)
Aggregated information:
Aggregated volume:
Price:
Single transaction as in 4 c) above
Price(s)
Volume(s)
0.10 pence
75,000,000
e)
Date of the transaction:
17 December 2025
f)
Place of the transaction:
Outside a trading venue

 

1.
Details of the person discharging managerial responsibilities/person closely associated
a)
Name:
Trond Christoffersen
2.
Reason for the notification
a)
Position/status:
Non-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 instrument, type of instrument:
Identification code:
Ordinary Shares of 0.000028 pence each
GB00BMQC7357
b)
Nature of the transaction:
Warrants in lieu of Directors fees
c)
Price(s) and volume(s):
Price(s)
Volume(s)
0.10 pence
7,500,000
d)
Aggregated information:
Aggregated volume:
Price:
Single transaction as in 4 c) above
Price(s)
Volume(s)
0.10 pence
7,500,000
e)
Date of the transaction:
17 December 2025
f)
Place of the transaction:
Outside a trading venue

 

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