Arkle Resources plc has issued 22.8 million shares following the exercise of warrants over ordinary shares of €0.0025 each, at an exercise price 0.35 pence per share. TVRs Executive chairman John Teeling exercised 10m warrants and now owns 73,718,035 shares, equal to a 4.85% of the enlarged issued share capital. Non-executive director David Cockbill exercised […]
Tag: options issue
Ascent issues 15.7m shares to save costs
Ascent Resources plc has issued in total 15,770,217 new ordinary shares of 0.5p each to directors and executives in lieu of 30 to 40% of salaries or fees to save costs and align their interests with shareholders. DIRECTORS The shares cover the period of six months from 1 June 2025 and “other contractual amounts” owed […]
Block issues 36m shares and 10.5m options
Block Energy plc, focused on Georgia, issued 35,912,008 shares of 0.25 pence each and 10,548,289 nil-cost options over ordinary shares under its performance related scheme. DIRECTORS /PDMRs The company’s renumeration committee made the awards to a senior executive, two management and four staff for the financial year ended 3 December 2024. Additionally, on 6 February […]
Block notes options issue and PDMR dealings
Block Energy plc issued nil-cost options over a total of 2,429,948 ordinary shares of 0.25p each to its directors, employees and consultants. CASH CONSERVATION The options were issued in lieu of cash payment for 40% of salaries and consultants’ fees and up to 50% of directors’ fees. This is in accordance with the cash conservation […]