Metals & Minerals News

Anglesey issues 12.1m share options

Anglesey Mining plc has issued a total of 12.1 million options to directors and employees to ensure the recipients are “appropriately compensated, motivated and retained”. DIRECTORS The share options have an exercise price of 1.2 pence, representing a premium of approximately 41% to the closing share price of 0.85p on 8 May. Issued under Anglesey’s […]

Metals & Minerals News

Altona issues 2m shares as directors’ salary

Altona Rare Earths plc today issued a total 2,080,494 ordinary shares of £0.01 each in lieu of cash salary payments to its directors. TVRs The move is accordance with agreed measures to conserve cash on a month-by-month basis. Chief executive officer Cedric Simonet received 573,276 shares to hold 3,398,986 shares in total, representing 2.05% holding […]

News Oil & Gas

Sunda grants 975m share options

Sunda Energy plc has awarded share options over an aggregate 975 million ordinary shares of 0.025 pence each in the company to certain directors, senior management, employees and a consultant. DIRECTORS The options, with an exercise price is of 0.0725 pence per ordinary share, are granted under an HMRC approved enterprise management incentive plan and […]

Metals & Minerals News

Clontarf grants 160m incentive share options

Clontarf Energy plc has granted a total 160 million long-term incentive share options over 160m ordinary shares of 0.01p each to its directors and PDMR. The options will vest in three months from the issue date, at an exercise price of 0.06p, and will expire on 26 September 2031. Chairman David Horgan received 60m options; non-executive […]

Company Moves News Oil & Gas

Crogga appoints new directors

Crogga (UK) Ltd has appointed two new directors while a third directorship has ended. Companies House recorded that Mark Pearce and John Lovelady became directors on 12 June. Richard Donoghue’s appointment as a director ended on the same date. The company is targeting the Crogga gas field, offshore Isle of Man.

Metals & Minerals News

CMR issues 7.3m incentive shares

Critical Mineral Resources plc has issued 7,345,350 ordinary shares of 1 pence each under the board-approved equity incentive scheme. DIRECTORS The shares, released in three tranches, are subject to the company’s share price rising every 12 months to 2.5p, 3.5p and 5p or higher until after 36 months. Following admission, the company’s enlarged issued share […]