Angus Energy plc granted 30 million share options under its existing employee incentive schemes to its employees. The company said that the grant, from 19 January, reflected the management’s efforts in achieving successful operations at the Saltfleetby gas field. The share options have an exercise price of 0.67 pence per share and a 10-year term […]
Tag: share options
Corcel awards 3m share options to directors-executives
Corcel plc has granted a total 307,033,155 five-year share options to directors and key executives. An aggregate 15,745,290 options fall under the company’s existing enterprise management scheme. Each option entitles the holder upon exercise to one ordinary share of £0.0001 of the company. One third of the options issued will vest in December of each […]
Golden Metal grants 3.9m share options
Golden Metal Resources plc has granted options over 3.9 million new ordinary shares of 1 pence each in the company to certain directors, employees and advisors. The options, representing 4.6% of the existing issued share capital of the company, allow subscription for new ordinary shares at an exercise price of 14p, with an immediate vesting period. The expiry […]
Alba cancels 313m and reissues 360m share options
Alba Mineral Resources plc has cancelled and reissued of certain enterprise management incentive (EMI) share options to management and granted certain new share options. A total 313 million share options to management have been cancelled and replaced with 360m new share options. The figure represents approximately 5.17% of the company’s current undiluted issued share capital, […]
Kavango awards 48m share options
Kavango Resources plc has granted 48 million share options to directors and persons discharging managerial duties and 20m to its key consultants. Both sets of options are exercisable at a price of 1.1 pence per ordinary share for a period of seven years, with the consultant options vesting in phases over 24 months. Non-executive chairman […]
Beacon grants 500m share options to directors and employees
Beacon Energy plc has granted options over a total 503,565,644 ordinary shares of nil pence each in the capital of the company to its directors and employees. DIRECTORS The options are exercisable at 0.15 pence per ordinary share, being the issue price at the company’s £4.3 million fundraise in September. Beacon has also reached agreement with […]