Metals Exploration plc has granted options over 10,600,000 new ordinary shares of £0.0001 each in the company to certain directors, under its 2024 long-term incentive plan. AWARDS The recipients are two shareholder-appointed directors who act in the same manner as the independent directors. Chairman Steven Smith was awarded 6.6 million options and non-executive director Rob […]
Tag: share options
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 […]
JOG issues 775,000 share options
Jersey Oil & Gas plc has granted options over in aggregate 775,000 ordinary shares of 1p each in the company to its directors, senior management and employees. DIRECTORS The options exercise at 82.5 pence per ordinary share over a period of seven years for executive directors / officers and five years for non-executive directors. A […]
Star awards 2m share options to directors
Star Energy Group plc has awarded in aggregate 1,999,000 nil cost options over shares in the company to its directors. PLANS Chief executive officer Ross Glover received 300,000 awards and chief financial officer Frances Ward received 225,000 under Star’s 2015 management retention plan. Under its 2016 executive incentive plan, Mr Glover received a further 525,000 […]
Power Metal grants 6.4m share options
Power Metal Resources plc has granted options over 6.4 million new ordinary shares of 2 pence each in the company to certain directors and staff members. DIRECTORS The options, to subscribe for new ordinary shares at an exercise price of £0.20 each, include 3.75m for board directors and officers. Chief executive Sean Wade received 1,350,000 options; non-executive chairman Scott […]
Oriole awards 166.7m share options
Oriole Resources plc has granted in aggregate 166,700,000 share options to directors and certain members of staff for securing the BCM International Ltd earn-ins and as incentives. DIRECTORS’ DEALINGS The options have an exercise price of 0.33 pence per ordinary share, representing a 14% premium. Equivalent to 4.28% of Oriole’s current issued share capital, […]