Altona Rare Earths plc has raised £407,450 through a subscription for 6,913,333 new ordinary shares of one pence each at 2.965p per subscription share, and the transfer and exercise of warrants. DIRECTORS Each new subscription share carries one warrant to subscribe for one new ordinary share at two pence for a period of 12 months […]
Tag: salary sacrifice scheme
Block issues 3.4m shares in options exercise
Block Energy plc has allotted 3,345,398 ordinary shares of 0.25p each to a former employee, following the exercise on 20 May 2025 of nil cost options. The options were granted as part of the salary sacrifice scheme between April 2020 and April 2023. Following admission, the company’s issued share capital will comprise 772,653,343 ordinary shares […]
Oriole issues 165.5m share options
Oriole Resources plc’s board of directors has agreed further salary sacrifice and new share option remuneration plans for staff and local employees in the company’s Cameroon gold projects. SALARY SACRIFICE The agreement follows completion last month of a share-based salary sacrifice scheme resulting in the entire board taking shares in the company in lieu of […]
Oriole issues 2m shares for salary sacrifice
Oriole Resources plc said it would issue a total 2,116,259 ordinary shares to members of the board in relation to £7,000 of gross salary foregone during April 2023. The shares will be issued at a 25% premium to their previously agreed pricing under the six-month salary sacrifice scheme. Oriole added that, due to the increase […]
Oriole issues 7.65m shares for Q1 salary sacrifice
Oriole Resources plc will issue a total of 7,655,885 ordinary shares to members of the board in relation to £21,000 gross salary foregone during Q1 2023. PRICE The shares will be issued at a price of 0.17p which is a 13% premium to the previously agreed pricing under the six-month salary sacrifice scheme agreed in […]
Block makes final salary sacrifice award
Block Energy plc has ended its salary sacrifice scheme, which involved the award of options instead of wages or fees, following the company’s improved finances. CAPITAL The scheme was introduced in April 2020 after the Brent price collapsed and “operational issues” due to the global Covid-19 pandemic. Block aimed to preserve capital and ensure completion […]