News Oil & Gas

United Oil & Gas grants share options to CFO

United Oil & Gas plc’s board of directors has awarded 6,862,005 share options to the company’s chief financial officer Peter Dunne. CONTRACT The shares have an exercise price of 2.47 pence, a vesting period of three years and an expiry date of ten years from the date of granting. United said that the grant of […]

Finance News Oil & Gas

Prospex receives £87,677 via options exercise

Prospex Energy plc received £87,677.88 following notice to exercise of options to subscribe for 2,191,947 new ordinary shares of 0.1p each in the company. AGREEMENTS The options were issued pursuant to option agreements dated 20 July 2020 and were exercised by two directors and an employee. The exercise price is 4 pence per option exercised. […]

Finance Metals & Minerals News

Altona to raise £1.1m

Altona Rare Earths plc said it had conditionally raised £1.1 million through placing 13,750,000 million new ordinary shares at 8 pence each to help fund its operations at Monte Muambe, Mozambique. USES The funds will go towards completing an inaugural mineral resource estimate due in Q1 2023. The proceeds will also fund a preliminary economic […]

Metals & Minerals News

Anglesey issues 38% premium share options to PDMRs

Anglesey Mining plc granted a total of 10,900,000 share options to directors and employees at a premium of 38%. DIRECTORS The share options have an exercise price of £0.04, a premium to the closing share price of £0.029 on 3 August 2022. The vesting conditions comprise 25% each on the dates 31 March 2023, 30 […]

Finance News Oil & Gas

Predator executive chairman reduces stake in company

Predator Oil and Gas Holdings plc today announced that on 19 July H2Green Power Ltd sold its shareholding of 1,785,700 ordinary shares at 9p per share, for £160,713. CONFLICTS The company said that the sale of the holding was executed “to remove any potential conflicts of interest between the two entities and to provide funding […]

Finance Metals & Minerals News

Altus Strategies notes directors’ / PDMRs dealings

Altus Strategies plc announced three directors’ dealings on 15 June 2022. PDMRs Chief executive officer and director Steven Poulton purchased 100,000 ordinary shares of £0.05 each at an average price of 47.72p per share, for £47,724. This will increase his shares to 6,700,000, representing 5.71% of the company’s outstanding issued ordinary share capital. Executive director […]