News Oil & Gas

Prospex grants 14.35m share options

Prospex Energy plc has granted a total of 14,350,000 share options in the company to directors and other staff, following its review of staff remuneration.  DIRECTORS The award the options was deferred from the first quarter of 2026, pending publication of the company’s annual report. Prospex said that the options represent 3.31% of its current […]

Finance Metals & Minerals News

Cadence issues 21.28m share options

Cadence Minerals plc has awarded an aggregate 21,280,000 share options to directors and persons discharging managerial responsibilities in the company. PROJECTS The options are exercisable at a six pence per share, which is a 10% premium to the closing mid-price of the ordinary shares on 5 May 2026 of 5.5p. The options vest immediately and will […]

News Oil & Gas

United intends to award 332m share options

United Oil & Gas plc intends to award up to 332,361,111 performance-related share options, representing 13.224% of its issued share capital, under its amended, unapproved share option scheme. SALARIES The revised scheme includes contractors and consultants as well as directors and persons discharging managerial responsibilities, and will also offset cuts in employees’ salaries over recent […]

News Oil & Gas

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 […]

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 […]

News Oil & Gas

Capricorn awards 1.2m share options

Capricorn Energy plc granted nil-cost options over its ordinary shares of 735/143 pence each, as approved in 2017 by shareholders, to an executive director and PDMRs*. Chief executive Randy Neely, who currently has 2,107 shares, received 571,428; chief operating officer Geoff Probert (none) 428,571 and commercial director Nathan Piper (3,676) 171,428. The awards were of £1.75 per […]