Our new website is coming soon, give it a try now and let us have your feedback. Take me to the Beta



Register
Login:
Share:
Email Facebook Twitter


TSX Lithium explorer International Lithium Corp prepares to drill at Raleigh Lake
Exclusive: Hardman & Co Investor Forum - Severn Trent, Calculus Capital, Volta Finance, Residential


Egdon Resources Regulatory News (EDR)



Regulatory News for Egdon Resources (EDR)


Share Price: 4.75Bid: 4.50Ask: 5.00Change: 0.00 (0.00%)No Movement on Egdon Resources
Spread: 0.50Spread as %: 11.11%Open: 4.75High: 4.75Low: 4.75Yesterday’s Close: 4.75





Grant of Options

Fri, 25th Jan 2019 07:00

RNS Number : 0637O
Egdon Resources PLC
25 January 2019

25 January 2019

EGDON RESOURCES PLC

("Egdon" or "the Company")

Grant of Options

Egdon Resources plc (AIM:EDR) announces that as part of a periodic incentive review it has granted options to the following Directors.

Director

Number of Options granted

Exercise Price (pence)

Vesting Date

Exercisable Until

Mark Abbott

1,210,191

7.85p

1 January 2020

1 January 2030

Martin Durham

955,414

7.85p

1 January 2020

1 January 2030

The options were set at an exercise price of 7.85p being the average closing mid-price for the five trading days ended 22 January 2019.

Following the grant of the options on 24 January 2019, the interests of the Directors in the share capital of the Company are as follows:

Director

Total number of Options held over Ordinary Shares

Number of Ordinary Shares held

Mark Abbott

3,153,297

8,089,387

Martin Durham

2,387,951

0

In addition, the Company has granted options to employees on the same basis as Directors. The total number of options granted to Directors and employees of the Company is 4,526,561 (Representing 1.74% of the Company's issued share capital).

The information set out below is in accordance with the requirements of Article 19(3) of the EU Market Abuse Regulation No 596/2014.

1.

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Mark Abbott

2.

Reason for the notification

a)

Position / status

Managing Director

b)

Initial notification / amendment

Initial Notification

3.

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Egdon Resources plc

b)

LEI

213800WWGH4S9GYSPL77

4.

Details of the transaction(s)
section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

Description of the financial instrument, type of instrument

Ordinary Shares of 1 pence per share value

Identification code

GB00B28YML29

b)

Nature of the transaction

Grant of Options

c)

Price(s) and volume(s)

Price(s)

Volume(s)

7.85 pence

1,210,191

d)

Aggregated information

- Aggregated volume

1,210,191 Ordinary Shares of 1 pence per share value

- Price11

7.85 pence per share

e)

Date of the transaction

24 January 2019

f)

Place of the transaction

Outside a trading venue

1.

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Martin Durham

2.

Reason for the notification

a)

Position / status

Technical Director

b)

Initial notification / amendment

Initial Notification

3.

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Egdon Resources plc

b)

LEI

213800WWGH4S9GYSPL77

4.

Details of the transaction(s)
section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

Description of the financial instrument, type of instrument

Ordinary Shares of 1 pence per share value

Identification code

GB00B28YML29

b)

Nature of the transaction

Grant of Options

c)

Price(s) and volume(s)

Price(s)

Volume(s)

7.85 pence

955,414

d)

Aggregated information

- Aggregated volume

955,414Ordinary Shares of 1 pence per share value

- Price11

7.85 pence per share

e)

Date of the transaction

24 January 2019

f)

Place of the transaction

Outside a trading venue

For further information please contact:

Egdon Resources plc

Mark Abbott 01256 702 292

Buchanan

Ben Romney, Chris Judd 020 7466 5000

Nominated Adviser and Broker - Cantor Fitzgerald Europe

David Porter/Nick Tulloch (Corporate Finance) 020 7894 7000

Caspar Shand Kydd (Sales)

Joint Broker - VSA Capital Limited

Andrew Monk (Corporate Broking) 020 3005 5000

Andrew Raca (Corporate Finance)

Notes to Editors:

Egdon Resources plc (LSE: EDR) is an established UK-based exploration and production company focused on onshore exploration and production in the hydrocarbon-producing basins of the UK.

Egdon holds interests in 44 licences in the UK and has an active programme of exploration, appraisal and development within its portfolio of oil and gas assets. Egdon is an approved operator in the UK.

Egdon was formed in 1997 and listed on AIM in December 2004.

The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014 ("MAR"). Upon the publication of this announcement via Regulatory Information Service ("RIS"), this inside information is now considered to be in the public domain


This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
END
DSHDZLFLKFFXBBB


Related Shares:
(EDR)




DateSourceHeadlineCategory
05-Jun-19 07:00RNSCorrectionCompany Announcement - General
04-Jun-19 07:00RNSOpen Offer ResultsCompany Announcement - General
03-Jun-19 12:30RNSResult of General MeetingResults and Trading Reports
15-May-19 14:00RNSOpen Offer, GM and Production UpdateCompany Announcement - General
29-Apr-19 07:00RNSWressle Planning Inquiry DateCompany Announcement - General
15-Apr-19 07:00RNSBoard ChangesExecutive Changes
09-Apr-19 07:00RNSInterim Results for the Six Months Ended 31 Jan 19Results and Trading Reports
09-Apr-19 07:00RNSCPR on the Resolution Gas DiscoveryCompany Announcement - General
28-Mar-19 07:00RNSSprings Road-1 Reaches Total DepthCompany Announcement - General
14-Mar-19 07:00RNSPEDL 143 Transfer of OperatorshipCompany Announcement - General
11-Mar-19 07:00RNSSprings Road-1 Operational UpdateCompany Announcement - General
04-Mar-19 07:00RNSOperations UpdateResults and Trading Reports
20-Feb-19 15:45RNSCompletion of drilling operations Biscathorpe-2Results and Trading Reports
15-Feb-19 08:59RNSSprings Road UpdateCompany Announcement - General
05-Feb-19 07:00RNSWressle Planning AppealCompany Announcement - General
25-Jan-19 07:00RNSGrant of OptionsDirectors' Dealings
25-Jan-19 07:00RNSOperations Update - Wressle PlanningCompany Announcement - General
22-Jan-19 08:34RNSCommencement of drilling at Springs RoadCompany Announcement - General
09-Jan-19 07:00RNSBoard ChangesExecutive Changes
07-Jan-19 13:30RNSCommencement of drilling operations at BiscathorpeCompany Announcement - General
06-Dec-18 13:50RNSCorrection: Results of Annual General MeetingResults and Trading Reports
06-Dec-18 13:33RNSResults of Annual General MeetingResults and Trading Reports
06-Dec-18 11:30RNSBiscathorpe UpdateCompany Announcement - General
03-Dec-18 07:00RNSCeres Production UpdateResults and Trading Reports
28-Nov-18 16:15RNSWressle Planning Consent RefusedCompany Announcement - General
22-Nov-18 07:00RNSWressle Recommended for Approval by PlannersCompany Announcement - General
30-Oct-18 07:00RNSFinal ResultsResults and Trading Reports
02-Oct-18 12:49RNSNotification of Major HoldingsHolding(s) in Company
04-Sep-18 07:00RNSHolmwood UpdateCompany Announcement - General
29-Aug-18 09:00RNSOperations UpdateCompany Announcement - General


Share Price, Share Chat, Stock Market news at lse.co.uk
FREE Member Services
- Setup a personalised Watchlist and Virtual Portfolio.
- Gain access to LIVE real-time Regulatory News (RNS).
- View more Trades, Directors' Deals, and Broker Ratings.
Share Price, Share Chat, Stock Market news at lse.co.uk




Home  |  Contact Us  |  About Us  |  Advertise with Us  |  Sitemap  |  Terms & Conditions  |  Cookies  |  Privacy  |  Mobile Site  |  About this website design


Datafeed and UK data supplied by NBTrader and Digital Look. While London South East do their best to maintain the high quality of the information displayed on this site,
we cannot be held responsible for any loss due to incorrect information found here. All information is provided free of charge, 'as-is', and you use it at your own risk.
The contents of all 'Chat' messages should not be construed as advice and represent the opinions of the authors, not those of London South East Limited, or its affiliates.
London South East does not authorise or approve this content, and reserves the right to remove items at its discretion.