RNS Number : 7021R Arkle Resources PLC 09 March 2021
9 March 2021
Arkle Resources PLC
("Arkle" or the "Company")
Grant of Options
Arkle Resources PLC (LON: ARK), the Irish gold and zinc exploration and development company, is pleased to announce that the following long-term, incentive options have today been granted over 3,000,000 ordinary shares of EUR0.0025 in the Company (the "Options"). The Options vest immediately, have an exercise price of 1.8 pence and an expiry date of 8 March 2028. The Options will be distributed between the Directors as follows:
Director
John Teeling, Non-Executive Chairman
David Cockbill, Non-Executive Director
James Finn, Financial Director and Company Secretary
Number of Share Options granted
1,000,000 ------------------------1,000,000 ------------------------1,000,000 ------------------------Following this grant of options, a total of 15,800,000 long-term, incentive options are outstanding, representing approximately 5.2% of the Company's current issued share capital.
ENDS
Market Abuse Regulation (MAR) Disclosure
Certain information contained in this announcement would have been deemed inside information for the purposes of Article 7 of Regulation (EU) No 596/2014 until the release of this announcement.
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 |
|
2 | Reason for the notification | |
a) | Position/status |
Secretary |
b) | Initial notification /Amendment | Initial notification |
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |
a) | Name | Arkle Resources PLC |
b) | LEI | 213800CTOO8MOLMNEQ44 |
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 instrumentOrdinary shares of EUR0.0025
Identification code
E00B2357X72
b)
Nature of the transaction
Grant of options over ordinary shares
c)
Price(s) and volume(s)
Price(s) | Volume(s) | |
1. | 1.8 pence | 1,000,000 |
2. | 1.8 pence | 1,000,000 |
3. | 1.8 pence | 1,000,000 |
d)
Aggregated informationSingle transactions as in 4 c) above
- Aggregated volume
3,000,000
- Price
1.8 pencee)
Date of the transaction
2021-03-09
f)
Place of the transaction
Outside a trading venue
ENDSEnquiries:
Arkle Resources PLC John Teeling, Chairman Jim Finn, Finance Director
+353 (0) 1 833 2833 +353 (0) 1 833 2833
SP Angel Corporate Finance LLP Nominated Adviser & Joint Broker
Matthew Johnson/Adam Cowl
+44 (0) 203 470 0470
First Equity Limited
Joint Broker
Jason Robertson
+44 (0) 207 374 2212
Blytheweigh
+44 (0) 207 138 3204
Megan Ray Rachael Brooks
Teneo
Luke Hogg Ross Murphy
+353 (0) 1 661 4055 +353 (0) 1 661 4055
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END
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Disclaimer
Arkle Resources plc published this content on 09 March 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 17 March 2021 01:53:08 UTC.