Wildcat Petroleum plc (LON:WCAT) has announced that the Chairman Mr. Mandhir Singh on 25 October 2023 purchased 26,300,000 Ordinary Shares (for his SIPP i.e Self-Invested Personal Pension account and ISA account) at an average consideration of 0.15p pence. Following the transaction Mr. Mandhir Singh is the beneficial owner of 1,707,325,000 Ordinary Shares which equates to 70.3% of the total share capital of the Company.
The Company refers to the announcement made on 16 October 2023 issuing 375,000,000 new Ordinary Shares for £450,000. Admission of these new Ordinary Shares is expected to occur on 30 October 2023.
The Directors of Wildcat Petroleum accept responsibility for this announcement