Last checked at 28 Apr 2023 07:25
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").