Business
Result of GM & Issue of Equity
Result of GM & Issue of Equity.
About this update from Mendell Helium Plc
[{"type":"text","content":"\n\n\n \n18 July 2024\n \nVoyager Life plc\n \n(\"Voyager\" or the \"Company\") \n \nResult of GM\nDirector / PDMR Shareholding\nIssue of Equity\nWarrants\n \nVoyager is pleased to announce that at the General Meeting held earlier today, all resolutions were duly passed.\n \nIssue of Equity\nFollowing shareholder approval at the General Meeting the Company has issued 22,239,150 new ordinary shares (being the Second Tranche Shares). The Company has also issued 14,407,803 Investor Warrants and 900,000 Broker Warrants, in aggregate 15,307,803 Warrants have been issued in connection with the Fundraise.\n \nDirector Participation & Director / PDMR Shareholding\nAs part of the Fundraise, Eric Boyle, Non-Executive Chairman, and Fetlar Capital Limited (a company controlled by Nick Tulloch, Chief Executive Officer and his spouse) have subscribed, in aggregate, for £50,000 of Fundraise Shares (\"Director Participation\") as set out in the table below.\n \n\n\n\n\nDirector\n\n\nAmount subscribed for in the Fundraise\n\n\nNumber of Fundraise Shares\n\n\nNumber of Investor Warrants\n\n\nResultant shareholding following Second Admission\n\n\n\n\nNick Tulloch\n\n\n£25,000*\n\n\n833,333\n\n\n416,666\n\n\n2,988,442\n\n\n\n\nEric Boyle\n\n\n£25,000\n\n\n833,333\n\n\n416,666\n\n\n2,587,474\n\n\n\n\n*Participation made through Fetlar Capital Limited (a company controlled by Nick Tulloch, Chief Executive Officer and his spouse)\n \nRelated Party Transaction\nThe Director Participation (the \"Transaction\") is a related party transaction for the purposes of Rule 4.6 of the AQSE Growth Market Access Rulebook. Jill Overland, the director of Voyager independent of the Transaction confirms that, having exercised reasonable care, skill and diligence, the Transaction is fair and reasonable insofar as the shareholders of Voyager are concerned.\n \nAdmission\nApplication has been made for the Second Tranche Shares to be admitted to trading on the Aquis Stock Exchange AQSE Growth Market. Second Admission is expected to occur at 8:00 am on or around 19 July 2024.\n \nTotal voting rights\nFollowing Second Admission, the Company's enlarged share capital will comprise 43,218,494 ordinary shares of 1 pence each. Therefore, the total number of voting rights in the Company will be 43,218,494. This figur...