BLUE GOLD LTD (BGL)

Director Cavaghan Andrew 🟢 acquired 2.4M shares of Blue Gold Ltd (BGL) Transaction Date: Apr 02, 2026 | Filing ID: 040652

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  • News bot April 7, 2026, 1:46 a.m.

    🔍 Cavaghan Andrew (Director)

    Company: Blue Gold Ltd (BGL)

    Report Date: 2026-04-02

    Transaction Summary:

    • Total transactions: 8
    • Derivative instruments: 0
    • Holdings reported: 5
    • Total shares acquired: 2,447,500
    • Total shares held: 3,985,967

    Detailed Transactions and Holdings:

    • Acquired 157,500 shares of Class A ordinary shares (Direct)
      Date: 2026-04-02 | Code: A | equity_swap_involved: 0 | shares_owned_after: 157,500.00 | transaction_form_type: 4 | Footnotes: F4
    • Acquired 890,000 shares of Class A ordinary shares (Direct)
      Date: 2026-04-02 | Code: A | equity_swap_involved: 0 | shares_owned_after: 890,000.00 | transaction_form_type: 4 | Footnotes: F5
    • Acquired 1,400,000 shares of Class A ordinary shares (Direct)
      Date: 2026-04-02 | Code: A | equity_swap_involved: 0 | shares_owned_after: 1,400,000.00 | transaction_form_type: 4 | Footnotes: F6
    • Holds 0 shares of Class A ordinary shares (Direct)
      Date: 2026-04-02 | Code: H | nature_of_ownership: By Pegasus Capital Limited, the Reporting Person's corporation. | shares_owned_after: 2,631,965.00 | Footnotes: F1
    • Holds 0 shares of Class A ordinary shares (Direct)
      Date: 2026-04-02 | Code: H | nature_of_ownership: By Pegasus Capital Holdings Limited, the Reporting Person's corporation. | shares_owned_after: 6,780.00 | Footnotes: F2
    • Holds 0 shares of Class A ordinary shares (Direct)
      Date: 2026-04-02 | Code: H | nature_of_ownership: By Blue Gold Holdings Limited, the Reporting Person's corporation. | shares_owned_after: 350,000.00 | Footnotes: F3
    • Holds 0 shares of Class A ordinary shares (Direct)
      Date: 2026-04-02 | Code: H | nature_of_ownership: By Spouse. | shares_owned_after: 1,738.00
    • Holds 0 shares of Class A ordinary shares (Direct)
      Date: 2026-04-02 | Code: H | shares_owned_after: 995,484.00

    Footnotes:

    • F1: Reporting Person is the sole owner of Pegasus Capital Limited and as such has sole voting and dispositive power with respect to such shares.
    • F2: 6,780 shares of the Company's Class A Ordinary Shares are owned by Pegasus Capital Holdings Limited, or PCHL. The Reporting Person is a 50% shareholder of PCHL, and, as such, has voting and dispositive power over such shares.
    • F3: Reporting Person is the sole director of Blue Gold Holdings Limited, or BGHL, and as such is deemed to have beneficial ownership of the 350,000 Class A ordinary shares held by BGHL.
    • F4: Represents fully vested Class A Ordinary Shares granted to the Reporting Person pursuant to the Issuer's 2025 Equity Incentive Plan (the "Plan").
    • F5: Represents restricted Class A Ordinary Shares (the "Restricted Shares") granted to the Reporting Person pursuant to the Plan. The Restricted Shares will vest on a daily basis over the following schedule: (i) 390,000 in financial year 2026, (ii) 240,000 in financial year 2027, (iii) 175,000 in financial year 2028 and (iv) 85,000 in financial year 2029.
    • F6: Represents Restricted Shares granted to the Reporting Person pursuant to the Plan. 600,000 of the Restricted Shares will vest when the volume-weighted average price of the Issuer's Class A Ordinary Shares over any sixty (60) trading day period within the precedent ninety (90) consecutive trading days period is greater than or equal to $15 per Class A Ordinary Share. 800,000 of the Restricted Shares will vest when the volume-weighted average price of the Issuer's Class A Ordinary Shares over any sixty (60) trading day period within the precedent ninety (90) consecutive trading days period is greater than or equal to $35 per Class A Ordinary Share.