GreenRoc Mining plc has granted 300,000 share options at an exercise price of 10 pence over new ordinary shares to non-executive director (NED) Lars Brünner and independent NED Mark Rachovides.
The company said that neither NEDs had previously been awarded share options.
For each NED, 225,000 options are vested; 37,500 vest on 28 June 2023; and 37,500 on 28 September 2023.
The options, awarded subject to GreenRoc’s long term incentive plan, will lapse on 28 September 2026.
GreenRoc added that the terms of the awards mirror the share option award made to NED Mark Austin on the company’s admission to trading on AIM in September 2021.