Oriole Resources plc received notice that four directors exercised warrants over a total 17,444,445 new ordinary shares of 0.1p each at an exercise price of 0.25 pence per share.
Independent non-executive director Eileen Carr received 9.5 million shares; chief executive officer Tim Livesey (2,777,778); chief financial officer Robert Smeeton (3.5m) and executive director, exploration & business development Clare Bay (1,666,667).
Following admission, the company’s issued share capital will be 3,881,983,450 ordinary shares.
A total 171,444,443 warrants and 264,526,245 options over ordinary shares, representing approximately 11.2% of Oriole’s enlarged issued share capital, remain outstanding.