Investee company, WeShop Appoints Maria Weaver as Chief Executive Officer

Summary by AI BETAClose X

WeCap plc announces that its investee company, WeShop, has appointed Maria Weaver as Chief Executive Officer to spearhead its U.S. expansion. WeCap's total investment in WeShop amounts to 11.8% of its Class A shares, comprising 806,022 directly held shares and 489,583 shares held indirectly through its 23.5% interest in Community Social Investments Limited. This strategic appointment and WeCap's significant stake in WeShop's community-owned shopping platform are key developments.

Disclaimer*

Certain information contained within this Announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulation (EU) No. 596/2014 ("MAR") as applied in the United Kingdom. Upon publication of this Announcement, this information is now considered to be in the public domain.

WeCap plc
AQSE: WCAP

("WeCap" or the "Company")

Investee company, WeShop Appoints Maria Weaver as Chief Executive Officer

18 June 2026

WeCap plc is pleased to announce that WeShop Holdings Limited ("WeShop"), the pioneering social-commerce platform that allows users to earn ownership in the business through their shopping, has announced the appointment of Maria Weaver as Chief Executive Officer to lead U.S expansion of the worlds first community-owned shopping platform. The full announcement can be found at: https://investors.we.shop/news-and-events/press-releases/2026/06-17-2026-140310388

 WeCap's holding in WeShop

WeCap's total investment in WeShop, both direct and indirect, represents 11.8% of WeShop's Class A shares, comprised of:

  • 806,022 Class A shares held directly; and
  • 489,583 Class A shares held indirectly via WeCap's 23.5% interest in Community Social Investments Limited, whose sole asset is 2,083,333 WeShop shares.

The Directors of the Company accept responsibility for the contents of this announcement.  

END

Enquiries:

Company:

info@wecapplc.com

Aquis Corporate Advisor:

AlbR Capital Limited                               

+ 44 (0) 20 7469 0930

Corporate Broker:                     

Tennyson Securities Limited

Peter Krens: +44 (0) 20 7186 9033 (Direct)




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