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Amendment to Share Option Terms

28 Apr 2023 07:25

RNS Number : 8529X
Pathfinder Minerals Plc
28 April 2023
 

28 April 2023

 

Pathfinder Minerals Plc

("Pathfinder" or the "Company")

 

Amendment to Share Option Terms

 

Pathfinder announces that it has extended the expiry date, and amended the exercise price, of share options which were granted to certain Directors and an employee as set out below. The revised exercise price represents a premium of approximately 50 percent to the closing share price on 27 April 2023.

 

Name

Position

No. Options

Original Exercise Price

Date of Grant

Original Expiry Date

Revised Exercise Price

Revised Expiry Date

Dennis Edmonds

Director

10,000,000

£0.0125

11/05/2020

11/05/2023

£0.0075

30/06/2025

Peter Taylor

Director

6,000,000

£0.0125

04/08/2020

30/08/2023

£0.0075

30/06/2025

5,000,000

£0.0125

04/10/2021

03/10/2023

£0.0075

30/06/2025

Mark Gasson

Director

6,000,000

£0.0125

09/06/2021

08/06/2023

£0.0075

30/06/2025

David Taylor

Co. Sec

3,000,000

£0.0125

23/06/2021

22/06/2023

£0.0075

30/06/2025

 

Enquiries:

Pathfinder Minerals Plc

Peter Taylor, Chief Executive Officer

Tel. +44 (0)20 3143 6748

 

Strand Hanson Limited (Nominated & Financial Adviser and Broker)

James Spinney / Ritchie Balmer / Abigail Wennington

Tel. +44 (0)20 7409 3494

 

Vigo Consulting (Investor Relations)

Ben Simons / Kate Kilgallen

Tel. +44 (0)20 7390 0234

Email. pathfinderminerals@vigoconsulting.com

 

The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014 ("MAR").

 

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END
 
 
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