Last checked at 17 Jan 2023 10:34
17 January 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 today been granted over, in aggregate, 160,000,000 ordinary shares of 0.01p each in the Company ("Ordinary Shares") (the "Options").
The Options vest immediately, have an exercise price of 0.0725p and an expiry date of 16 January 2030. The exercise price represents a premium of c. 4% to the closing price on 16 January 2023, being the last trading day before the award of the Options.
The Options have been awarded as follows:
Director/PDMR
| Number of Share Options Granted
|
David Horgan, Chairman | 60,000,000 |
Peter O'Toole, Non-Executive Director | 40,000,000 |
James Finn, Financial Director and Company Secretary | 40,000,000 |
Dipti Mehta, Financial Controller | 20,000,000 |
Following the grant of Options, a total of 200,500,000 long-term, incentive options are outstanding, representing approximately 4.59% of the Company's issued share capital as enlarged by the fundraising announced on 16 January 2023.
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) |
| ||||||
d) | Aggregated information Aggregated volume Price | N/A (Single Transaction) | ||||||
e) | Date of the transaction | 17 January 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) |
| ||||||
d) | Aggregated information Aggregated volume Price | N/A (Single Transaction) | ||||||
e) | Date of the transaction | 17 January 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) |
| ||||||
d) | Aggregated information Aggregated volume Price | N/A (Single Transaction) | ||||||
e) | Date of the transaction | 17 January 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) |
| ||||||
d) | Aggregated information Aggregated volume Price | N/A (Single Transaction) | ||||||
e) | Date of the transaction | 17 January 2023 | ||||||
f) | Place of the transaction | Outside of a trading venue | ||||||