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1 Feb 2017 07:29
Mineral and Financial Investment Limited
("MAFL" "M&FI" or the "Company")
Share Option Grant
London, UK -- (January 31, 2017) - Mineral & Financial Investments Limited (LSE/AIM: MAFL) (the "Company" or "M&FI" or "MAFL") today announces that the Company granted options ("Options") over a total of 600,000 ordinary shares of 1 pence each in the capital of the Company ("Ordinary Shares"). The Options are exercisable at 7.5 pence per Ordinary Share
Name |
Position | No. Of Options Granted | Option Exercise Price (p) | Total # Of Options Held* | Total # of Options as % of total shares O/S |
Jacques Vaillancourt | Executive Chairman | 230,000 | 7.5 | 335,000 | 1.4% |
Alastair Ford | COO | 125,000 | 7.5 | 335,000 | 1.4% |
Laurence Read | Former Director | 110,000 | 7.5 | 295,000 | 1.2% |
Sean Keenan | Director | 100,000 | 7.5 | 100,000 | 0.4% |
Miles Nicholson | Corporate Secretary | 35,000 | 7.5 | 35,000 | 0.1% |
600,000 | 1,100,000 | 4.48% |
The notification below, made in accordance with the requirements of the EU Market Abuse Regulation, provides further detail.
*additional options were issued to certain directors on 25th June 2014, see RNS dated 26th June 2014 for the terms of these options.
The following notification, made in accordance with the requirements of the EU Market Abuse Regulation, gives further detail.
1
| Details of the person discharging managerial responsibilities / person closely associated
| |||||
a)
| Name
| Jacques Vaillancourt | ||||
2
| Reason for the notification Issue of options | |||||
a)
| Position/status
| Chairman | ||||
b)
| Initial notification /Amendment
| Initial notification
31st Jan 2017 | ||||
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| |||||
a)
| Name
| Mineral and Financial Limited | ||||
b)
| LEI
| ISIN: KYG6181G1055 | ||||
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 1 pence each in Mineral and Financial Limited
KYG6181G1055
| ||||
b)
| Nature of the transaction
| Issue of Options | ||||
c)
| Price(s) and volume(s)
|
| ||||
d)
| Aggregated information
- Aggregated volume
- Price
|
230,000
7.5p | ||||
e)
| Date(s) of the transaction
| 31st Jan 2017 | ||||
f)
| Place of the transaction
| London Stock Exchange, AIM | ||||
The following notification, made in accordance with the requirements of the EU Market Abuse Regulation, gives further detail.
1
| Details of the person discharging managerial responsibilities / person closely associated
| |||||
a)
| Name
| Alastair Ford | ||||
2
| Reason for the notification
Issue of options | |||||
a)
| Position/status
| Chief Investment Officer | ||||
b)
| Initial notification /Amendment
| Initial notification
31st Jan 2017 | ||||
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| |||||
a)
| Name
| Mineral and Financial Limited | ||||
b)
| LEI
| - KYG6181G1055 | ||||
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 1 pence each in Mineral and Financial Limited
KYG6181G1055
| ||||
b)
| Nature of the transaction
| Issue of Options | ||||
c)
| Price(s) and volume(s)
|
| ||||
d)
| Aggregated information
- Aggregated volume
- Price
|
125,000
7.5p | ||||
e)
| Date(s) of the transaction
| 31st Jan 2017 | ||||
f)
| Place of the transaction
| London Stock Exchange, AIM | ||||
The following notification, made in accordance with the requirements of the EU Market Abuse Regulation, gives further detail.
1
| Details of the person discharging managerial responsibilities / person closely associated
| |||||
a)
| Name
| Sean Keenan | ||||
2
| Reason for the notification
Issue of Options | |||||
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
| Mineral and Financial Limited | ||||
b)
| LEI
| - KYG6181G1055
| ||||
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 1 pence each in Mineral and Financial Limited
KYG6181G1055
| ||||
b)
| Nature of the transaction
| Issue of Options | ||||
c)
| Price(s) and volume(s)
|
| ||||
d)
| Aggregated information
- Aggregated volume
- Price
|
100,000
7.5p | ||||
e)
| Date(s) of the transaction
| 31st Jan 2017 | ||||
f)
| Place of the transaction
| London Stock Exchange, AIM | ||||
Mineral & Financial Investments is an Investment Company specializing in investing in the natural resource sector, with a particular focus on the mining sector.
For more information:
Katy Mitchell, WH Ireland Ltd. +44 161 832 2174
Jacques Vaillancourt, Chairman M&FI +44 (0)780 226 8247
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