Last checked at 20 Sep 2022 07:00
Kazera Global Plc
("Kazera" or the "Company")
Grant of Options
Kazera Global Plc ("Kazera Global", "Kazera" or "the Company"), the AIM quoted investment company, announces that the Board has resolved to grant options to subscribe for up to 16,500,000 new ordinary shares (representing approximately 1.8% of the Company's issued ordinary share capital*) to Dennis Edmonds, Chief Executive Officer of the company, and certain members of staff. Such options will be exercisable at any time up until 6 May 2027 at a price of 1p per share.
Following the award of these options Dennis Edmonds will have an interest of 5,000,000 ordinary shares in the Company and 25,000,000 options outstanding.
For further information on the Company, visit: www.kazeraglobal.com
Kazera Global plc (c/o Camarco) Dennis Edmonds (CEO') | Tel: +44 (0)203 757 4980 |
finnCap (Nominated Adviser and Joint Broker) Christopher Raggett / Tim Harper (Corporate Finance) |
Tel: +44 (0)207 220 0500 |
Camarco (PR) Gordon Poole / James Crothers / Hugo Liddy |
Tel: +44 (0)20 3781 8331 |
**ENDS**
About Kazera Global
Kazera Global is an investment company focused on opportunities principally, but not exclusively in the resources and energy sectors. The Company's first investment was in African Tantalum, a Namibian based operation of which it now owns 100%, followed in June 2020 by the acquisition of its South African diamond and mineral sands assets.
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: | Dennis Edmonds | ||||
2. | Reason for the notification | |||||
a) | Position/status: | Chief Executive Officer | ||||
b) | Initial notification/Amendment: | Initial notification | ||||
3. | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
a) | Name: | Kazera Global Plc | ||||
b) | LEI: | 213800U4PZ148SFLGY26 | ||||
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: | Ordinary shares of 1p each ("Ordinary Shares")
GB00B830HW33 | ||||
b) | Nature of the transaction: | Grant of options over Ordinary Shares | ||||
c) | Price(s) and volume(s): |
| ||||
d) | Aggregated information:
Aggregated volume:
Price: |
N/A - single transaction | ||||
e) | Date of the transaction: | 5 May 2022 | ||||
f) | Place of the transaction: | Off market transaction | ||||