RE: I feel a positive week incoming18 Feb 2023 10:51
5p options and 10p they where given in Dec 2023. They must be positive on what they have and know or there is no point giving the top staff this insensitive as a bonus.
Options over 25,000,000 Ordinary Shares exercisable at 5 pence per new Ordinary Share which are all immediately exercisable.
Options Granted Exercise Period Ends
7,500,000 31/03/2023
5,000,000 5,000,000 5,000,000 2,500,000 22/05/2025 15/12/2024 06/06/2023 28/02/2023
Options over 12,500,000 Ordinary Shares exercisable at 10 pence per new Ordinary Share with exercise periods as shown below
Options Granted Exercise Period Ends
5,000,000 5,000,000 2,500,000 30/06/2023 22/05/2025 15/12/2024
Included in the above totals are:
5,000,000 Options issued to the Company’s Non-Executive Director Mr Peter Fuhrman, (as anticipated in the 12 September 2022 announcement), as follows:
2,500,000 exercisable at 5 pence at any time up to 15/12/2024, 2,500,000 exercisable at 10 pence at any time up to 15/12/2024,
2,500,000 Options issued to Mr Mark Trafeli, the newly appointed Non-Executive Director, as follows:
2,500,000 exercisable at 5 pence at any time up to 15/12/2024,
10,000,000 Options issued to the Company’s cryptography expert specialising in cryptocurrency mining blockchain optimisations, whose 10,000,000 Options (initially announced on 2 June 2021) expired in June 2022, and whose contract has been extended, as follows:
5,000,000 Options exercisable at 5 pence at any time up to 22/05/2025, 5,000,000 Options exercisable at 10 pence between 06/05/2023 to 22/05/2025.
The Company now has outstanding Options exercisable at 5 pence over 137,500,000 Ordinary Shares and Options exercisable at 10 pence over 127,500,000 Ordinary Shares. Options expire between 2023 and 2026.
The number of Options still available to be issued (as duly authorised at the General Meeting held on 6 May 2022) is 35,000,000.