Deal alert: Mendell Helium Plc

Helium production facility with industrial storage tanks and pipelines at sunset

2min read

Please sign up to receive insights, publications and updates from our experts.

PKF supports Mendell Helium Plc on its admission to AIM from the Aquis Stock Exchange

We are pleased to have supported Mendell Helium Plc on its successful admission to trading on AIM, with dealings in the company’s ordinary shares commencing on 16 June 2026.

The transaction involved the uplisting from the Aquis Stock Exchange (AQSE) to AIM, with trading on AQSE expected to cease on 30 June 2026, marking an important step in the Company’s development and capital markets strategy.

Prior to its admission to AIM, Mendell Helium Plc completed a £5 million fundraise through a placing and subscription and, on 18 May 2026, acquired the entire issued share capital of M3 Helium Corporation, a helium producer and exploration company based in Kansas, USA. While the AIM admission itself did not include a further fundraise or acquisition, these earlier transactions were central to the Company’s strategic repositioning and growth plans.

The acquisition of M3 Helium represents a significant milestone for the Company, providing exposure to helium production and exploration assets in the United States. The Directors believe that admission to AIM will enhance the Company’s profile, broaden its investor base and provide improved access to capital to support future growth in the helium sector.

“PKF provided invaluable support during Mendell Helium’s admission to AIM. With our IPO following on quickly from the conclusion of our acquisition of M3 Helium, the overall transaction had several moving parts. PKF’s diligence, constructive advice and proactive approach were instrumental in achieving a successful outcome.”
Nick Tulloch, CEO, Mendell Helium Plc

The PKF Littlejohn team advising on the transaction comprised Joseph Baulf, Jamie Legge, Adam Humphreys and Abhishek Gupta.

Find out more about how our Capital Markets can support your business with AIM admissions, uplistings and fundraises across the London markets and internationally.

Contact our experts