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MEE raises $2.57m, 91% of Series 1 Warrants exercised

01:33 Tue 3rd November 2026
OFFER

91% OF SERIES 1 WARRANTS EXERCISED, PROVIDING $2.57M OF NEW CAPITAL OF A POTENTIAL $2.84M TRUSTS ASSOCIATED WITH CHAIRMAN GRANT BAKER AND CEO STEPHEN SINCLAIR EXERCISED ALL OF THEIR SERIES 1 WARRANTS, PROVIDING $1.785M OTHER WARRANT HOLDERS EXERCISED 13.1 MILLION SERIES 1 WARRANTS, PROVIDING A FURTHER $0.79M 42.9 MILLION NEW SHARES TO BE ISSUED ON 6 NOVEMBER 2026. Me Today Limited (NZX: MEE) confirms the final result of the exercise of its Series 1 Warrants, together with an issue of shares to its independent directors. The exercise period closed at 5pm on Friday 30 October 2026. FINAL EXERCISE RESULT A total of 42,854,976 Series 1 Warrants were exercised at 6 cents per share, representing 90.7% of the 47,261,238 Series 1 Warrants on issue. This provides the Company with $2.57m of new capital, of the potential $2.84m had all Series 1 Warrants been exercised. SERIES 1 WARRANTS EXERCISED Trusts associated with: Grant Baker and Stephen Sinclair - 29,746,986 Other warrant holders - 13,107,990 Total exercised - 42,854,976 Total warrants on issue - 47,261,238 Percentage exercised - 90.7% New capital Grant Baker and Stephen Sinclair - $1,784,819 Other warrant holders - $786,479 Total exercised - $2,571,298 The remaining 4,406,262 Series 1 Warrants were not exercised and have lapsed. “We are delighted with the support shown by shareholders, with more than 90% of the Series 1 Warrants exercised,” said Chairman Grant Baker. “Thank you to everyone who participated. This capital allows Me Today to continue investing in product development, marketing and international growth.” ISSUE OF NEW SHARES 42,854,976 new ordinary shares will be issued on 6 November 2026 on the exercise of the Series 1 Warrants. Me Today will also issue 930,522 new ordinary shares to its independent directors, Hannah Barrett, Roger Gower and Antony Vriens (310,174 shares each), at an issue price of 8.06 cents per share. The shares are issued in settlement of directors' fees accrued for the period from 1 October 2025 to 30 September 2026, and the issue price is based on the 5-day volume weighted average price of Me Today shares preceding the approval of their issue by the board on Thursday 29th of October. These shares will be issued on 6 November 2026. All new shares will rank equally with the existing ordinary shares. Following these issues, Me Today will have 138,307,804 ordinary shares on issue. SERIES 2 WARRANTS The 47,261,238 Series 2 Warrants remain on issue and are exercisable at 6 cents per share between 1 October 2027 and 5pm on 29 October 2027. Ends For further information, please contact: Grant Baker Chairman, Me Today Limited 021 729 800 Stephen Sinclair CEO, Me Today Limited 021 330 053 stephen@metoday.com

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Announcement ID: 482963MEE: Company Announcements