News Oil & Gas

Helium One to issue total 33.75m share options

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 […]

Metals & Minerals News

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 […]

News Oil & Gas

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 […]

Metals & Minerals News

Horizonte awards 2.4m share options

Horizonte Minerals plc awarded more than 2,435,035 ordinary share options of £0.20p each to key employees and senior executives under its unapproved 2006 share options scheme. DIRECTORS Each option has an exercise price of £1.70 per ordinary share, representing a premium of 10.4% the closing price on 12 July 2023 of £1.54. Chief executive officer Jeremy […]

Metals & Minerals News

Condor Gold grants 4.6m share options

Condor Gold plc granted directors, employees and consultants a total 4.6 million share options, representing 2.45% of the issued share capital, under its existing share option scheme. PDMRs* On 6 July, directors receiving in total 3,250,000 options include chief executive officer Mark Child 1,250,000 options; chairman Jim Mellon 300,000; non-executive directors Kate Harcourt 300,000; Andrew […]

News Oil & Gas

IGas awards 106,000 share options to CFO

IGas Energy plc has awarded chief financial officer Frances Ward 106,406 nil cost options over ordinary shares each of 0.002 pence per share in part lieu of an annual bonus. ALIGNMENT The award, under the company’s 2015 management retention plan, is to align better the interests of directors, persons discharging managerial responsibilities and other key […]