Paul Teasdale reports 11.86% stake in WeShop (WSHP) — 1.48M shares incl. options
Rhea-AI Filing Summary
Paul Teasdale reported beneficial ownership of 1,477,914 Class A ordinary shares of WeShop Holdings Ltd. This represents 11.86% of Class A ordinary shares when combining 527,914 shares held by HallCo 1766 Limited (sole voting and dispositive power) and 950,000 vested, exercisable options. The calculation uses 11,513,073 Class A ordinary shares outstanding as of June 19, 2026. The filing states that 773,822 Class A ordinary shares held by Max Capital Limited are excluded from this reported total because the Reporting Person disclaims beneficial ownership of those shares.
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Insights
Ownership disclosure signals a meaningful stake with mixed direct and derivative holdings.
The filing shows $ figures not provided, but quantifies holdings as 1,477,914 shares composed of 527,914 directly held shares and 950,000 exercisable options. The percentage is 11.86% based on 11,513,073 shares outstanding as of June 19, 2026.
Key dependencies are option exercise decisions and the separate 773,822 shares tied to Max Capital Limited, which the Reporting Person disclaims. Future disclosures or amendments could change reported percentages if outstanding share counts or option exercisability change.
Statement includes precise ownership breakdown and a clear disclaimer of certain entity-held shares.
The filing attributes 527,914 Class A shares to HallCo 1766 Limited with sole voting/dispositive power and lists 950,000 vested, exercisable options held by the Reporting Person. It also notes 773,822 shares held by Max Capital Limited are excluded from beneficial ownership.
From a compliance view, the disclosure and the included Power of Attorney reference provide traceability. Any change in voting or dispositive power or conversion/exercise status should be reported in subsequent filings.
Key Figures
Key Terms
Schedule 13G regulatory
beneficially owned financial
sole voting and dispositive power legal
disclaims beneficial ownership legal
AI-generated analysis. How Rhea-AI works. Not financial advice.