Caerus Mineral Resources plc has granted options over a total 4,400,000 ordinary shares of 1 pence, with an exercise price of 7.5 pence, to incentivise and retain its directors. DIRECTORS The exercise price represents an approximate 36% premium to the closing share price on 24 November 2022. Executive chairman Christopher Lambert received 2,000,000 options; chief […]
Tag: share options
Ascent awards 4.6m share options to employees and PDMRs
Ascent Resources plc has awarded 4.6 million options over ordinary shares to certain employees and persons discharging managerial responsibilities (PDMRs). PDMRs The performance vesting criteria for the options is the execution of a cash-generating ESG metals transaction consistent with the company’s strategy, said Ascent. Executive chairman James Parsons and chief executive officer Andrew Dennan each […]
Predator issues 17m share options to directors
Predator Oil & Gas Holdings plc has issued a total 17 million options over new ordinary shares under the company’s existing option scheme to three directors. PDMRs The board’s remuneration committee resolved to award non-executive director Carl Kindinger with 2,000,000 options; executive chairman Paul Griffiths, 7,500,000 options; and managing director Lonny Baumgardner, 7,500,000 options. Options issued […]
Angus awards 175.5m share options to directors and staff
Angus Energy plc granted 175.5 million share options, representing 5.72% of the company’s issued share capital, to directors and staff. SALTFLEETBY The grant comes under the company’s existing employee incentive schemes. In February 2021, the remuneration committee proposed the share options, which the board approved as part of Angus’s share option grants. “This reflects the […]
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 […]
Tungsten West grants 2.8m share options
Tungsten West plc has granted directors and employees a total of 2,799,982 options over ordinary shares of £0.01 each in the company. PDMRs Recipients include the chief financial officer, managing director, executive vice chairman and other employees pursuant to the company share option plan (2022 CSOP) and employee share option plan (2022 ESOP). The options […]