London-based Gledhow Investments plc (AQUIS: GDH) announced the immediate appointment of Cameron Pearce and Sam Quinn to its board, following the completion of a subscription and share purchase agreement finalized on August 13, 2026.
Pearce and Quinn collectively hold 15 million ordinary shares, representing approximately 8.84% of the issued share capital. Pearce holds 9,175,595 shares (5.41%), while Quinn holds 5,827,652 shares (3.43%).
The company also disclosed a £219,556 reduction in convertible loan notes owed to P3 Capital Limited. Post-paydown, P3 Capital’s direct stake in Gledhow stands at 21,250,000 shares, or 12.52% of the issued capital, with no additional shares expected from further loan note conversions.
P4 Capital Limited holds 11,036,444 shares (6.50% of issued capital), with an additional 4,792,000 shares to be issued upon conversion of remaining convertible loan notes.
Gledhow also established an employee share option plan covering 15% of the enlarged share capital. The plan allocates 45% of initial options to Pearce, 35% to Quinn, and 20% to Guy Miller. Options vest in four tranches of 6.3 million shares each, triggered at share prices of £0.02, £0.03, £0.045, and £0.06, respectively. Once vested, options are exercisable at 1 pence per share and remain valid for five years.
