Red Rock Resources plc received £25,515 in an options exercise after director Scott Kaintz sold 1,785,714 ordinary shares at a price of £0.00575 per share.
OPTIONS EXERCISE
On 20 January 2022, the board of directors approved the issuance of 5,670,000 ordinary shares of £0.0001 each in Red Rock, pursuant to the exercise of 2016 options into ordinary shares each at an exercise price of £0.0045.
| Directors | New Ordinary shares | Ordinary Shares Post Issuance | Total Shares (Direct)* | Total shares (Indirect)** | % of Enlarged Issued Share Capital | Options | Warrants |
| Andrew R M Bell | 2,880,000 | 32,316,883 | 15,396,487 | 47,713,370 | 3.90% | 25,880,000 | – |
| Scott Kaintz | 2,340,000 | 3,072,093 | 15,396,487 | 18,468,580 | 1.51% | 17,840,000 | – |
| Sam Quinn | 450,000 | 2,656,766 | 13,421,944 | 16,078,710 | 1.32% | 3,450,000 | – |
The company received the money following the exercise of 2016 options.