Company Announcements

Menhaden Resource Efficiency PLC - Holding(s) in Company

TR-1: Standard form for notification of major holdings

1. Issuer Details

ISIN

GB00BZ0XWD04

Issuer Name

MENHADEN RESOURCE EFFICIENCY PLC

UK or Non-UK Issuer

UK

2. Reason for Notification

An acquisition or disposal of voting rights

3. Details of person subject to the notification obligation

Name

First Equity Limited

City of registered office (if applicable)

London

Country of registered office (if applicable)

United Kingdom


Name                  City of registered office Country of registered office

William Black

Rath Dhu Limited      Douglas                   Isle of Man

Armstrong Investments Douglas                   Isle of Man
Limited



4. Details of the shareholder

        Name                      City of registered office Country of registered office

Nortrust Nominees Limited London                    United Kingdom

5. Date on which the threshold was crossed or reached

17-Sep-2024

6. Date on which Issuer notified

18-Sep-2024

7. Total positions of person(s) subject to the notification obligation


                                % of voting
                % of voting     rights through                   Total number of
.               rights attached financial       Total of both in voting rights
                to shares       instruments     % (8.A + 8.B)    held in issuer
                (total of 8.A)  (total of 8.B 1
                                + 8.B 2)

Resulting
situation on
the date on     7.675230        0.000000        7.675230         6050000
which threshold
was crossed or
reached

Position of
previous        8.040000        0.000000        8.040000
notification
(if applicable)



8. Notified details of the resulting situation on the date on which the threshold was crossed or reached

8A. Voting rights attached to shares


Class/Type of    Number of direct Number of         % of direct   % of indirect
shares ISIN code voting rights    indirect voting   voting rights voting rights
(if possible)    (DTR5.1)         rights (DTR5.2.1) (DTR5.1)      (DTR5.2.1)

GB00BZ0XWD04     6050000          0                 7.675230      0.000000

Sub Total 8.A    6050000                            7.675230%



8B1. Financial Instruments according to (DTR5.3.1R.(1) (a))


                                              Number of voting
Type of        Expiration Exercise/conversion rights that may be  % of voting
financial      date       period              acquired if the     rights
instrument                                    instrument is
                                              exercised/converted

Sub Total 8.B1



8B2. Financial Instruments with similar economic effect according to (DTR5.3.1R.(1) (b))


Type of    Expiration Exercise/conversion Physical or Number of     % of voting
financial  date       period              cash        voting rights rights
instrument                                settlement

Sub Total
8.B2



9. Information in relation to the person subject to the notification obligation

2. Full chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held starting with the ultimate controlling natural person or legal entities (please add additional rows as necessary)


                                               % of voting
                               % of voting     rights through  Total of both if
Ultimate      Name of          rights if it    financial       it equals or is
controlling   controlled       equals or is    instruments if  higher than the
person        undertaking      higher than the it equals or is notifiable
                               notifiable      higher than the threshold
                               threshold       notifiable
                                               threshold

              First Equity
              Limited as
William Black Investment       4.693942        0.000000        4.693942%
              Manager of
              Armstrong Inv
              Limited

              Armstrong
William Black Investments
              Limited

              First Equity
              Limited as
William Black Investment       2.981288        0.000000        2.981288%
              Manager of Rath
              Dhu

William Black Rath Dhu Limited

10. In case of proxy voting

Name of the proxy holder

The number and % of voting rights held

The date until which the voting rights will be held

11. Additional Information

12. Date of Completion

18-Sep-2024

13. Place Of Completion

London