News Oil & Gas

Prospex awards total 4.2m share options

Prospex Energy plc awarded a total 4,200,000 share options in the company to directors and staff following the start of gas production from the Podere Maiar-1 well in Italy. PREMIUM The options at 7p per share represent an 11.1% premium to 6.3p, the closing price on 26 July 2023. The awards represent 1.43% of the […]

Metals & Minerals News

Condor Gold grants 4.6m share options

Condor Gold plc granted directors, employees and consultants a total 4.6 million share options, representing 2.45% of the issued share capital, under its existing share option scheme. PDMRs* On 6 July, directors receiving in total 3,250,000 options include chief executive officer Mark Child 1,250,000 options; chairman Jim Mellon 300,000; non-executive directors Kate Harcourt 300,000; Andrew […]

News Oil & Gas

Tullow Oil directors buy and exercise options for a total 7.6m shares

Tullow Oil plc reported option exercises and further purchases by directors of a total 7,565,289 ordinary shares each of 10 pence in the company. PURCHASES Non-executive director (NED) Roald Goethe yesterday bought 200,000 shares each at an average price of 27 pence for £55,994. On 28 June, NED Sheila Khama purchased 32,900 shares each at […]

News Oil & Gas

Tullow Oil directors purchase total 746,000 ordinary shares for £200,000

Tullow Oil plc’s directors purchased between 19 and 20 June a total 746,000 ordinary shares each of 10p in the company for an approximate total of £200,000. DIRECTORS’ DEALINGS Non-executive director (NED) Roald Goethe purchased 250,000 ordinary shares, in four batches, at an average £0.27 for each ordinary share for a total £66,740. Chief executive […]

Metals & Minerals News

Oriole issues 165.5m share options

Oriole Resources plc’s board of directors has agreed further salary sacrifice and new share option remuneration plans for staff and local employees in the company’s Cameroon gold projects. SALARY SACRIFICE The agreement follows completion last month of a share-based salary sacrifice scheme resulting in the entire board taking shares in the company in lieu of […]

News Oil & Gas

Reabold grants senior directors 390m share options

Reabold Resources plc granted executive and senior management nil cost options over a total 390,000,000 ordinary shares of 0.1p each, in line with its new 2023 long term incentive plan. DIRECTORS The awards represent 4.25% of the company’s issued share capital. The company said that all previous share option plans had expired on 19 March […]