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Pin to quick picksClontarf Regulatory News (CLON)

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Grant of Share Options

1 Aug 2023 10:38

RNS Number : 9184H
Clontarf Energy PLC
01 August 2023
 

 

1 August 2023

 

Clontarf Energy plc

("Clontarf" or "the Company")

 

Grant of Share Options

 

Clontarf Energy plc (AIM: CLON) is pleased to announce that the following long-term, incentive share options have been granted over, in aggregate, 300,000,000 ordinary shares of 0.01p each in the Company ("Ordinary Shares") (the "Options").

 

The Options vest immediately, have an exercise price of 0.10p and an expiry date of 30th July 2030. The exercise price represents a premium of c. 11.11% to the closing price on 31st July 2023, being the last trading day before the award of the Options.

 

The Options have been awarded as follows:

 

 

 Director/PDMR Number of Options granted

David Horgan, Chairman 115,000,000

------------------------

Peter O'Toole, Non-Executive Director 75,000,000

------------------------

James Finn, Financial Director and Company Secretary 75,000,000

------------------------

Dipti Mehta, Financial Controller 35,000,000

-------------------------

 

Following the grant of Options, a total of 500,500,000 long-term, incentive options are outstanding, representing approximately 9.63% of the Company's issued share capital.

 

ENDS

 

 

 

 

 

 

 

 

 

 

For further information please visit http://clontarfenergy.com or contact:

 

Clontarf Energy

David Horgan, Chairman

Jim Finn, Director

+353 (0) 1 833 2833

Nominated & Financial Adviser

Strand Hanson Limited

Rory Murphy

Ritchie Balmer

+44 (0) 20 7409 3494

Broker

Novum Securities Limited

Colin Rowbury

+44 (0) 207 399 9400

Public Relations

BlytheRay

Megan Ray

+44 (0) 207 138 3206

 

Teneo

Luke Hogg

Alan Tyrrell

 

+353 (0) 1 661 4055

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

1.

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

David Horgan

2.

Reason for the Notification

a)

Position/status

Chairman

b)

Initial notification/amendment

Initial notification

3.

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

a)

Name

Clontarf Energy plc

b)

LEI

213800NKZVQUY8I72R68

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

Share Options over Ordinary Shares

Identification code

GB00B09WLX62

b)

Nature of the Transaction

Grant of Options

c)

Price(s) and volume(s)

Price(s)

Volume(s)

£0.0010

115,000,000

d)

Aggregated information

Aggregated volume Price

N/A (Single Transaction)

e)

Date of the transaction 

31 July 2023

f)

Place of the transaction

Outside of a trading venue

 

 

 

1.

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Peter O'Toole

2.

Reason for the Notification

a)

Position/status

Non-Executive Director

b)

Initial notification/amendment

Initial notification

3.

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

a)

Name

Clontarf Energy plc

b)

LEI

213800NKZVQUY8I72R68

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

Share options over Ordinary Shares

Identification code

GB00B09WLX62

b)

Nature of the Transaction

Grant of Options

c)

Price(s) and volume(s)

Price(s)

Volume(s)

£0.0010

75,000,000

d)

Aggregated information

Aggregated volume Price

N/A (Single Transaction)

e)

Date of the transaction 

31 July 2023

f)

Place of the transaction

Outside of a trading venue

 

 

 

1.

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

James Finn

2.

Reason for the Notification

a)

Position/status

Financial Director and Company Secretary

b)

Initial notification/amendment

Initial notification

3.

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

a)

Name

Clontarf Energy plc

b)

LEI

213800NKZVQUY8I72R68

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

Share options over Ordinary Shares

Identification code

GB00B09WLX62

b)

Nature of the Transaction

Grant of Options

c)

Price(s) and volume(s)

Price(s)

Volume(s)

£0.0010

75,000,000

d)

Aggregated information

Aggregated volume Price

N/A (Single Transaction)

e)

Date of the transaction 

31 July 2023

f)

Place of the transaction

Outside of a trading venue

 

 

 

1.

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Dipti Mehta

2.

Reason for the Notification

a)

Position/status

Financial Controller

b)

Initial notification/amendment

Initial notification

3.

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

a)

Name

Clontarf Energy plc

b)

LEI

213800NKZVQUY8I72R68

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

Share options over Ordinary Shares

Identification code

GB00B09WLX62

b)

Nature of the Transaction

Grant of Options

c)

Price(s) and volume(s)

Price(s)

Volume(s)

£0.0010

35,000,000

d)

Aggregated information

Aggregated volume Price

N/A (Single Transaction)

e)

Date of the transaction 

31 July 2023

f)

Place of the transaction

Outside of a trading venue

 

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.RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
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