21 Apr 2020 13:25
Regency Mines Plc
("Regency Mines" or the "Company")
Issue of Shares under Share Incentive Plan and Director's Dealings
21 April 2020
Regency Mines Plc, the natural resource exploration and development company with interests in battery metals and flexible grid solutions, announces that on 20 April 2020 the Board of Directors approved the issuance of 1,145,452 ordinary shares in the Company ("Ordinary Shares") under the Company's Share Incentive Plan ("SIP") for the 2019/20 tax year as agreed in the Trustees meeting held on 1 April 2020.
Director's Participation
In respect of the 2019/2020 tax year, Mr. Kaintz has been awarded 818,180 Ordinary Shares under the SIP. These shares awarded to Mr. Kaintz have been included in the table below, which sets out the total shareholding and interests of the Director in the enlarged share capital of the Company.
Directors | New Ordinary Shares | Ordinary Shares Post Issuance | Total Shares | % of Issued Share Capital | Warrants | Options |
Scott Kaintz | 818,180 | Direct - 1,063,467 Indirect - 950,324* | 2,013,791 | 1.20% | 594,508 | 3,164,767 |
* Mr. S. Kaintz is a beneficiary of 950,324 shares held on his behalf by Regency Mines Plc Share Incentive Plan Trustees.
Admission to trading on AIM and Total Voting Rights
Application is being made to AIM for 1,145,452 new Ordinary Shares allotted in relation to the SIP for 2019/20 tax year to be admitted to trading on AIM. Admission of the 1,145,452 new Ordinary Shares is expected on or around 27 April 2020.
Following the issue of the 1,145,452 new Ordinary Shares, the issued share capital of the Company consists of 167,910,596 ordinary shares of £0.0001 each with voting rights. No Ordinary Shares are held in Treasury.
The above figure of 167,910,596 may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in the Company under the Disclosure and Transparency Rules.
For Further Information Contact:
Scott Kaintz 0207 747 9960 Executive Director Regency Mines Plc
Roland Cornish/Rosalind Hill Abrahams 0207 628 3396 NOMAD Beaumont Cornish LimitedJason Robertson 020 7374 2212 Broker First Equity Limited
This announcement contains inside information under Article 7 of Regulation (EU) 596/2014.
1 | Details of the person discharging managerial responsibilities / person closely associated | |||||||
a) | Name | Scott Kaintz
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2 | Reason for notification | |||||||
a) | Position / status | Executive Director
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b) | Initial notification /Amendment | Initial Notification | ||||||
3 | Details of the issuer, emission allowance market participant, auctionplatform, auctioneer or auction monitor | |||||||
a) | Name | Regency Mines Plc
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b) | LEI | LEI: 2138009ECXQQ3EGKVY57
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4 | Details of the transaction(s): section to be repeated for (i) each type ofinstrument; (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 £0.0001 each in Regency Mines Plc.
ISIN GB00BKM69866
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Nature of the transaction | Issue of ordinary shares under Share Incentive Plan
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c) | Price(s) and volumes(s) |
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d) | Aggregated information - Aggregated Volume
- Price | NA (single transaction) -
-
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e) | Date of the transaction | 20 April 2020 | ||||||
f) | Place of the transaction | Outside of trading venue | ||||||
1 | Details of the person discharging managerial responsibilities / person closely associated | |||||||
a) | Name | Rasa Vaitkute
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2 | Reason for notification | |||||||
a) | Position / status | Corporate Affairs Manager
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b) | Initial notification /Amendment | Initial Notification | ||||||
3 | Details of the issuer, emission allowance market participant, auctionplatform, auctioneer or auction monitor | |||||||
a) | Name | Regency Mines Plc
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b) | LEI | LEI: 2138009ECXQQ3EGKVY57
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4 | Details of the transaction(s): section to be repeated for (i) each type ofinstrument; (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 £0.0001 each in Regency Mines Plc.
ISIN GB00BKM69866
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Nature of the transaction | Issue of ordinary shares under Share Incentive Plan
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c) | Price(s) and volumes(s) |
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d) | Aggregated information - Aggregated Volume
- Price | NA (single transaction) -
-
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e) | Date of the transaction | 20 April 2020 | ||||||
f) | Place of the transaction | Outside of trading venue | ||||||