News Oil & Gas

Predator issues 6m share options to two NEDs

Predator Oil & Gas Holdings plc issued six million options over ordinary shares to two non-executive directors under the company’s existing option scheme. Alistair Jury and Carl Kindinger each received three million options exercisable at 12.5 pence per share. A total 50% of the options will vest upon a news release on rigless testing results […]

Metals & Minerals News

Cornish Metals grants 800,000 options to CDO Fawzi Hanano

Cornish Metals Inc will issue 800,000 options over common shares to its chief development officer Fawzi Hanano. The options have an exercise price of £0.18 per share, the same as those granted earlier in 2023 and the investment price paid by Vision Blue Resources in the £40.5 million fundraise in May 2022. The granted options […]

News Oil & Gas

Helium One to issue total 33.75m share options

Helium One Global Ltd has resolved to issue a total 33,750,000 options to directors and management to subscribe for ordinary shares. DIRECTORS The options are subject to shareholder approval granting the directors authority to issue shares for cash. The options will vest in three equal tranches over three years beginning 12 months from the date […]

Metals & Minerals News

Power Metal grants 77.5m share options

Power Metal Resources plc granted options over 77.5 million new ordinary shares of 0.1 pence each in the company to certain directors and staff. The options for new ordinary shares are at an exercise price of 1.50p with a life of five years from 1 August 2023, with a one-year vesting period. Certain board directors received a […]

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

Horizonte awards 2.4m share options

Horizonte Minerals plc awarded more than 2,435,035 ordinary share options of £0.20p each to key employees and senior executives under its unapproved 2006 share options scheme. DIRECTORS Each option has an exercise price of £1.70 per ordinary share, representing a premium of 10.4% the closing price on 12 July 2023 of £1.54. Chief executive officer Jeremy […]