Condor Gold plc has issued to a non-executive director 100,000 new ordinary shares with a nominal value of £0.001 each, following notice of the exercise of 2019 options.
John Ian Stalker paid the exercise price of 22p for each new ordinary share, totalling £22,000 for the company.
In conjunction with Promaco Consulting Services Ltd, owned by him and Promaco Ltd of which he is a potential beneficiary, Mr Stalker will own 476,895 ordinary shares in Condor.
Following admission, Condor will have 204,542,778 ordinary shares with voting rights.