Helium One Global Ltd has resolved to issue a total 33,750,000 options to directors and management to subscribe for ordinary shares. DIRECTORS The options are subject to shareholder approval granting the directors authority to issue shares for cash. The options will vest in three equal tranches over three years beginning 12 months from the date […]
Tag: directors
Spirit Energy makes director changes
Spirit Energy Ltd has made new appointments and terminations for four directors Companies House reported that the directorships ended on 1 August for James Bessell and David House. On the same date Jill Shedden and Russell O’Brien were appointed as directors. Spirit’s operated and non-operated oil and gas licence interests lie in the east Irish […]
Power Metal grants 77.5m share options
Power Metal Resources plc granted options over 77.5 million new ordinary shares of 0.1 pence each in the company to certain directors and staff. The options for new ordinary shares are at an exercise price of 1.50p with a life of five years from 1 August 2023, with a one-year vesting period. Certain board directors received a […]
Prospex awards total 4.2m share options
Prospex Energy plc awarded a total 4,200,000 share options in the company to directors and staff following the start of gas production from the Podere Maiar-1 well in Italy. PREMIUM The options at 7p per share represent an 11.1% premium to 6.3p, the closing price on 26 July 2023. The awards represent 1.43% of the […]
Caerus ex-directors return 4.9m shares
Caerus Mineral Resources plc’s investigation into “certain actions and commercial decisions by previous management” will see 4.9 million shares returned and 10m warrants cancelled. GOVERNANCE The company will also focus on its alliance with cornerstone investor EV Metals Group (EVM), and rebuild shareholder confidence. Chairman Christoper Lambert said in a statement today that he remained […]
Altus grants 3.4m share options
Altus Strategies plc has granted share options for a total 3,425,000 ordinary shares of £0.05 each to certain directors, employees and consultants. SCHEME The share options have exercise prices of £0.65 for 3,125,000 ordinary shares and £0.7315 for 300,000 ordinary shares, representing an 11.1% and 25% premium respectively. Directors and a person discharging managerial responsibilities […]