The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksNighthawk Energy Regulatory News (HAWK)

  • There is currently no data for HAWK

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Director/PDMR Shareholding

19 Jul 2013 14:45

RNS Number : 7569J
Nighthawk Energy plc
19 July 2013
 



NIGHTHAWK ENERGY PLC

("Nighthawk" or "the Company")

 

Grant of Share Options

 

 

Nighthawk, the US focused oil development and production company (AIM: HAWK and OTCQX: NHEGY), announces that it has granted a total of 11.0 million share options to subscribe for ordinary shares of 0.25p each in the Company ("Shares") to certain directors, senior management and employees in accordance with the Company's Share Option Scheme, as follows:

 

·; 6.0 million options have been granted to certain directors, senior management and employees with an exercise price of 6.24 pence per Share and which vest subject to the Company's share price achieving an average of 12 pence per Share (subject to adjustment in accordance with the rules of the Share Option Scheme) over a period of 30 consecutive business days within two years of the date of grant (the "Performance Condition") ("Performance Condition Options"). The Performance Condition Options lapse at midnight on the second anniversary of the date of grant irrespective of the Performance Condition having been met; and

 

·; 5.0 million options have been offered to certain directors and senior management subject to a grant price of 0.65 pence (1 US cent) per option being paid by the optionholder to the Company upon award (the "Grant Price Options"). The Grant Price Options have an exercise price of 7.25 pence per Share and are exercisable immediately following payment of the grant price up until midnight on the second anniversary of the date of grant at which time they will lapse.

 

As part of this grant of 11.0 million share options, the following grants have been made to Directors:

 

Number of

Shareholding in Company

Director

Performance Condition Options

Grant Price Options

Total Share options following this grant

Number of Ordinary Shares

% of issued share capital

Stephen Gutteridge

900,000

1,100,000

8,000,000

2,700,000

0.29%

Richard Swindells

600,000

700,000

9,300,000

878,137

0.1%

 

 

- Ends-

 

 

Enquiries:

Nighthawk Energy plc

Stephen Gutteridge, Chairman

Richard Swindells, Chief Financial Officer

 

 

020 3582 1350

 

Westhouse Securities Limited

Richard Baty

Ian Napier

020 7601 6100

richard.baty@westhousesecurities.com

ian.napier@westhousesecurities.com

Investec Bank plc

Chris Sim

George Price 

020 7597 4000

chris.sim@investec.co.uk

george.price@investec.co.uk 

FTI Consulting

Ben Brewerton

Ed Westropp

 

 

020 7831 3113

ben.brewerton@fticonsulting.com

edward.westropp@fticonsulting.com

 

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
RDSBXGDRUDBBGXC
Date   Source Headline
19th Jul 20187:00 amRNSUpdate on Chapter 11 cases
29th Jun 20187:00 amRNSChapter 11 update and resignation of Nomad
26th Jun 20187:00 amRNSUpdate on Chapter 11 cases
11th Jun 20187:00 amRNSCancellation of GM and Chapter 11 Update
31st May 20183:06 pmRNSNotice of General Meeting
16th May 20187:00 amRNSChapter 11 update
14th May 20185:48 pmRNSUpdate on Chapter 11 proceedings
10th May 20187:00 amRNSRequisition of general meeting
4th May 20185:17 pmRNSDirectorate Change
1st May 20187:30 amRNSSuspension - Nighthawk Energy Plc
1st May 20187:00 amRNSNotice of Chapter 11 and Suspension
20th Apr 20187:00 amRNSUpdate on CBA Loan
11th Apr 20187:00 amRNSProduction update
23rd Mar 20187:00 amRNSProduction update
28th Feb 201810:22 amRNSSenior management appointment
20th Feb 20187:00 amRNSProduction Update
14th Feb 20187:00 amRNSSenior management change
25th Jan 20187:00 amRNSAppointment of US Investment Bank
12th Jan 20187:00 amRNSProduction Update
5th Jan 20185:19 pmRNSHolding(s) in Company
28th Dec 20177:00 amRNSAmendment to Existing Bank Agreement
28th Nov 20178:30 amRNSProduction update
22nd Nov 20177:00 amRNSResource Update
7th Nov 20177:00 amRNSDirectorate Change
1st Nov 20177:00 amRNSFarmout Option Agreement
25th Oct 20177:00 amRNSCompany Update
3rd Oct 20177:00 amRNSReserves Based Loan Covenant Compliance
26th Sep 20177:00 amRNSHalf-year Report
14th Sep 20177:00 amRNSCompany Update
30th Aug 20177:00 amRNSAmendment of Loan Notes
3rd Aug 20177:00 amRNSCompany Presentation and Operational Update
3rd Jul 20177:00 amRNSBanking Agreement
23rd Jun 201710:36 amRNSProduction Update and Result of AGM
31st May 20179:36 amRNSReserves Based Loan Covenant Compliance
26th May 20174:03 pmRNSFinal Results
2nd May 20177:00 amRNSReserves Based Loan Covenant Compliance
26th Apr 20177:00 amRNSProduction update
5th Apr 20174:16 pmRNSResults of General Meeting
15th Mar 20177:00 amRNSNotice of GM - Rule 9 Waiver
15th Feb 20177:00 amRNSUpdate re Operations and Year-end Reserves
26th Jan 20177:00 amRNSCorrection - Production Update
24th Jan 20177:00 amRNSProduction Update
18th Jan 20174:35 pmRNSPrice Monitoring Extension
12th Jan 20177:00 amRNSOperations Update
3rd Jan 20177:00 amRNSCompany Update
21st Dec 20164:35 pmRNSPrice Monitoring Extension
16th Dec 20167:00 amRNSMonarch JDA Settlement Agreement
12th Dec 20164:35 pmRNSPrice Monitoring Extension
7th Dec 20164:35 pmRNSPrice Monitoring Extension
2nd Dec 20164:35 pmRNSPrice Monitoring Extension

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.