GreenRoc Accelerates their World Class Project to Production as Early as 2028. Watch the full video here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksEurasia Mining Regulatory News (EUA)

Share Price Information for Eurasia Mining (EUA)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 1.95
Bid: 1.90
Ask: 2.00
Change: 0.00 (0.00%)
Spread: 0.10 (5.263%)
Open: 1.925
High: 2.025
Low: 1.70
Prev. Close: 1.95
EUA Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Issue of Equity & Options and Directors Holdings

2 Nov 2018 10:09

RNS Number : 1826G
Eurasia Mining PLC
02 November 2018
 

Eurasia Mining plc ("Eurasia" or "the Company"),

 

Issue of Equity and Options and Directors Holdings

 

Eurasia Mining plc ("Eurasia" or "the Company"), the PGM and gold producing company, announces that it has today issued 19,789,466 ordinary shares of 0.1 pence at 0.42 pence per share, being the closing price on 31 October 2018 (the "New Shares") in settlement of invoices for various services including accrued directors fees.

 

Of the New Shares:

 

(i) 5,060,000 ordinary shares are being issued to Executive Chairman Christian Schaffalitzky, in lieu of accrued directors fees, bringing his total holding to 81,069,517 or 3.43 % of issued share capital;

(ii) 1,785,714 ordinary shares are being issued to Non-Executive Director Gary Fitzgerald, in lieu of accrued directors fees, bringing his total holding to 22,791,361 or 0.99% of issued share capital;

(iii) 8,658,038 ordinary shares are being issued to Non-Executive Director Dmitry Suschov, in lieu of accrued consulting and director's fees, bringing his total holding, including shares held in a company in which he owns and controls, to 455,727,496 or 19.27% of issued share capital ; and

(iv) A further 4,285,714 shares are issued at 0.42 pence to consultants in lieu of accrued fees.

Accordingly, the Company has today issued a total of 19,789,466 New Shares, Admission has been made to admit the New Shares to trading on AIM and dealings in the New Shares are expected to commence on the 8 November 2018.

 

Following the issue of the new shares the total number of issued ordinary shares in the Company will be 2,364,470,035 ordinary shares and consequently the total number of voting rights in the Company will be 2,364,470,035. This figure may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in the share capital of the Company under the Disclosure and Transparency Rules.

 

In addition to this share issue, the Board has issued options over 194,000,000 shares to directors and employees of the Company. The options may be exercised at any time until their expiry on 2 November 2022. These options are priced and vest as follows:

 

(a) 79 million options have an exercise price of 0.42p vesting within 7 days of this announcement;

(b) 60 million options have an exercise price of 0.6p, vesting when the market has achieved this price on a VWAP of 10 days, or at the latest by 31 December 2018;

(c) 55 million options have an exercise price of 0.9p, vesting when the market has achieved this price on a VWAP of 10 days, or at the latest by 30 June 2019.

 

These options are being granted at the conclusion of a successful mining season and thanks to the patience and perseverance of the Company's team which has received no bonuses or remuneration increases in over five years.

 

Of these options, the following options are to be granted to the directors:

 

 

Name

Total options granted

Number

Exercisable from

Total options and warrants held now

Christian Schaffalitzky

20,000,000

10,000,000

10/11/2018

None

5,000,000

31/12/2018

5,000,000

30/06/2018

Gary Fitzgerald

5,000,000

5,000,000

10/11/2018

None

Dmitry Suschov*

20,000,000

10,000,000

10/11/2018

None

5,000,000

31/12/2018

5,000,000

30/06/2018

 

 

 

Enquiries:

 

Eurasia Mining Plc

Christian Schaffalitzky

+44 (0)207 932 0418

 

WH Ireland Limited (Nomad and Joint Broker)

Katy Mitchell / James Sinclair-Ford

+44 (0)161 832 2174

 

First Equity Limited (Joint Broker)

Jason Robertson

Tel: +44 (0)20 7374 2212

 

Optiva Securities (Joint Broker)

Christian Dennis

Tel: +44 (0) 20 3137 1902

 

 

NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM

 

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Christian Schaffalitzky

2

Reason for the notification

a)

Position/status

Executive Chairman

b)

Initial notification/ Amendment

Initial Notification

3

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

a)

Name

Eurasia Mining plc

b)

LEI

2138 00VW NISV 35PT I539

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

 

Identification code

Shares and Options

 

 

 

GB0003230421

b)

Nature of the transaction

Share Incentive Plan/in lieu of payment

c)

Price(s) and volume(s)

Price(s)

Volume(s)

Shares 0.42p

Options @ 0.42p

Options @ 0.6p

Options @ 0.9p

5,060,000

10,000,000

5,000,000

5,000,000

d)

Aggregated information

- Aggregated volume

- Price

 

5,060,000

0.42p

 

e)

Date of the transaction

31 October 2018

f)

Place of the transaction

London, UK

 

NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM

 

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Gary Fitzgerald

2

Reason for the notification

a)

Position/status

Director

b)

Initial notification/ Amendment

Initial Notification

3

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

a)

Name

Eurasia Mining plc

b)

LEI

2138 00VW NISV 35PT I539

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

 

Identification code

 

Shares and options

 

 

GB0003230421

b)

Nature of the transaction

Share Incentive Plan/in lieu of payment

c)

Price(s) and volume(s)

Price(s)

Volume(s)

Shares 0.42p

Options 0.42p

1,198,630

5,000,000

d)

Aggregated information

- Aggregated volume

- Price

 

1,198,630

 

e)

Date of the transaction

31 October 2018

f)

Place of the transaction

London, UK

 

NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM

 

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Dmitry Suschov

2

Reason for the notification

a)

Position/status

Director

b)

Initial notification/ Amendment

Initial Notification

3

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

a)

Name

Eurasia Mining plc

b)

LEI

2138 00VW NISV 35PT I539

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

 

Identification code

 

Shares and Options

 

 

GB0003230421

b)

Nature of the transaction

Share Incentive Plan/inlieu of payment

c)

Price(s) and volume(s)

Price(s)

Volume(s)

Shares 0.42p

Options @ 0.42p

Options @ 0.6p

Options @ 0.9p

 

8,658,038

10,000,000

5,000,000

5,000,000

d)

Aggregated information

- Aggregated volume

- Price

 

8,658,038

0.42p

 

e)

Date of the transaction

31 October 2018

f)

Place of the transaction

London, UK

 

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
 
 
MSCBGBDBUGGBGID
Date   Source Headline
5th Jan 202111:51 amRNSForm 8.5 (EPT/RI) - Eurasia Mining
4th Jan 20213:20 pmRNSForm 8.3 - Eurasia Mining plc
31st Dec 20201:00 pmRNSForm 8.3 - Eurasia Mining plc
31st Dec 202011:55 amRNSForm 8.5 (EPT/RI) - Eurasia Mining Plc
30th Dec 202011:08 amRNSForm 8.5 (EPT/RI) - Eurasia Mining Plc
29th Dec 20203:20 pmRNSForm 8.3 - Eurasia Mining plc
29th Dec 20203:20 pmRNSForm 8.3 - Eurasia Mining plc
24th Dec 20201:00 pmRNSForm 8.3 - Eurasia Mining plc
24th Dec 202012:44 pmRNSForm 8.5 (EPT/RI) - Eurasia Mining
23rd Dec 20203:20 pmRNSForm 8.3 - Eurasia Mining plc
23rd Dec 202012:20 pmRNSForm 8.5 (EPT/RI) - Eurasia Mining Plc
22nd Dec 20203:20 pmRNSForm 8.3 - Eurasia Mining plc
22nd Dec 202011:11 amRNSForm 8.5 (EPT/RI)Eurasia Mining PLC
22nd Dec 20208:48 amRNSForm 8.3 - Eurasia Mining
21st Dec 20203:52 pmRNSForm 8.5 (EPT/RI) - Eurasia Mining Plc
21st Dec 20203:20 pmRNSForm 8.3 - Eurasia Mining plc
21st Dec 202012:06 pmRNSForm 8.5 (EPT/RI) - Eurasia Mining Plc
18th Dec 20203:20 pmRNSForm 8.3 - Eurasia Mining plc
18th Dec 202011:43 amRNSForm 8.5 (EPT/RI) Eurasia Mining PLC
17th Dec 20203:20 pmRNSForm 8.3 - Eurasia Mining plc
16th Dec 20203:20 pmRNSForm 8.3 - Eurasia Mining plc
16th Dec 202011:58 amRNSForm 8.5 (EPT/RI) - Eurasia Mining plc
15th Dec 20203:20 pmRNSForm 8.3 - Eurasia Mining plc
15th Dec 202011:58 amRNSForm 8.5 (EPT/RI) - Eurasia Mining plc
15th Dec 20209:02 amRNSForm 8.3 - Eurasia Mining
14th Dec 20203:20 pmRNSForm 8.3 - Eurasia Mining plc
14th Dec 202011:06 amRNSForm 8.5 (EPT/RI) - Eurasia Mining PLC
11th Dec 20203:20 pmRNSForm 8.3 - Eurasia Mining plc
11th Dec 202011:13 amRNSForm 8.5 (EPT/RI) - Eurasia Mining plc
10th Dec 20203:20 pmRNSForm 8.3 - Eurasia Mining plc
9th Dec 20203:20 pmRNSForm 8.3 - Eurasia Mining plc
9th Dec 202011:53 amRNSForm 8.5 (EPT/RI) - Eurasia Mining plc
8th Dec 20203:20 pmRNSForm 8.3 - Eurasia Mining plc
8th Dec 202011:40 amRNSForm 8.5 (EPT/RI) - Eurasia Mining plc
7th Dec 20203:20 pmRNSForm 8.3 - Eurasia Mining plc
7th Dec 202011:56 amRNSForm 8.5 (EPT/RI) - Eurasia Mining plc
3rd Dec 20203:20 pmRNSForm 8.3 - Eurasia Mining plc
3rd Dec 202011:58 amRNSForm 8.5 (EPT/RI) - Eurasia Mining Plc
3rd Dec 20207:00 amRNSWest Kytlim DFS update
2nd Dec 20203:20 pmRNSForm 8.3 - Eurasia Mining plc
2nd Dec 202012:10 pmRNSRule 2.9 Announcement
2nd Dec 202011:54 amRNSForm 8.5 (EPT/RI) - Eurasia Mining plc Replacement
2nd Dec 202011:46 amRNSForm 8.5 (EPT/RI) - Eurasia Mining plc
1st Dec 202011:30 amRNSForm 8.5 (EPT/RI) - Eurasia Mining plc
30th Nov 20204:41 pmRNSSecond Price Monitoring Extn
30th Nov 20204:36 pmRNSPrice Monitoring Extension
30th Nov 202011:56 amRNSForm 8.5 (EPT/RI) - Eurasia Mining plc
25th Nov 202011:15 amRNSForm 8.5 (EPT/RI) - Eurasia Mining plc
18th Nov 202011:47 amRNSForm 8.5 (EPT/RI) - Eurasia Mining plc
17th Nov 202011:57 amRNSForm 8.5 (EPT/RI) - Eurasia Mining PLC

Due to London Stock Exchange licensing terms, we stipulate that you must be a private investor. We apologise for the inconvenience.

To access our Live RNS you must confirm you are a private investor by using the button below.

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.