Source - LSE Regulatory
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                                                                                              Number of Share Options granted

                                                                                                  

John Teeling, Non-Executive Chairman                                          1,000,000

                                                                                                              ------------------------

David Cockbill, Non-Executive Director                                          1,000,000

                                                                                                              ------------------------

James Finn, Financial Director and Company Secretary              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

 

 

 

1.    John Teeling

2.    David Cockbill

3.    James Finn

 

2

 

 

Reason for the notification

 

 

a)

 

Position/status

 

 

 

1.    Non-Executive Chairman

2.    Non-Executive Director

3.    Financial Director and Company 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 instrument

 

Ordinary 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 information

 

 Single transactions as in 4 c) above

 

 

 

 

 

- Aggregated volume

 

3,000,000

 

 

 

 

 

- Price

 

 1.8 pence

 

 

 

 

 

e)

 

Date of the transaction

 

 

 

2021-03-09

 

f)

 

Place of the transaction

 

 

 

Outside a trading venue

 

                   

 

ENDS

 

Enquiries:

 

Arkle Resources PLC

 

John Teeling, Chairman

+353 (0) 1 833 2833

Jim Finn, Finance Director

+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

  +353 (0) 1 661 4055

Ross Murphy

  +353 (0) 1 661 4055

 

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END
 
 
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